Report: Ansar Allah Considers Imposing Toll in Bab al-Mandab Strait 

Overeducated Liberals With Worthless Degrees Are DSA's "Sweet Spot" Voter Nate Silver identifies lower-income, highly educated voters as the core demographic of the Democratic Socialists of America, revealing a striking breakdown in the traditional relationship between education and higher income. "Income and education are usually positively correlated. But sometimes the relationship breaks down. What's the most Democratic voting group in America? People with post-graduate degrees but lower-to-middle incomes," Silver wrote on X. In today's newsletter, I argue this is the sweet spot for the DSA. DSA members are *very* college-educated (80% BA+)...

Jet-Fuel Price Shock Hits Airlines As Raymond James Cuts Estimate Across Coverage, Warns Of JetBlue Bankruptcy Risk As we've told readers, and as former Goldman commodities guru Jeff Currie explained last week, the energy crisis is not necessarily in Brent or WTI supplies, but in refined-product markets, given the diesel crack spread's jump above $100 a barrel last week. Early Monday, the spread was trading around $94. The secondary effects of a global refined-products crisis are beginning to hit airline earnings, according to Raymond James analyst Savanthi Syth, who wrote in...

United States Retains Spot As World's Top Oil Producer Authored by Naveen Athrappully via The Epoch Times, The United States was the largest crude oil producer in the world in 2025, outputting a “record-high” 13.6 million barrels per day (bpd), according to a July 9 statement from the Energy Information Administration (EIA). America’s output was far ahead of second-placed Russia, which produced 9.9 million bpd. Saudi Arabia came in third with 9.6 million bpd, with Canada in the fourth spot at 5 million bpd. The difference in oil output between the United...