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Trump's Jones Act Waiver Helped Avert Fuel Shortages Across These Key US Regions
Trump's Jones Act Waiver Helped Avert Fuel Shortages Across These Key US Regions
The Department of Homeland Security has issued the broadest Jones Act waiver since at least the 1950s, just weeks after the US-Iran conflict erupted. The measure has allowed foreign-flagged vessels to transport fuel, crude oil, fertilizer, and other essential goods between US ports, bypassing domestic shipping restrictions to mitigate supply chain disruptions across various U.S. regions.
The Jones Act, a century-old law requiring goods transported between U.S. ports to be carried aboard U.S.-Built, US-owned, and US-crewed vessels, was...
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Feb 22, 2026 / Tyler Durden
Fico Threatens To Cut Ukraine's Emergency Power As Russian Oil Transit Fight Escalates
Fico Threatens To Cut Ukraine's Emergency Power As Russian Oil Transit Fight Escalates
Slovakia's populist Prime Minister and pro-Trump ally Robert Fico has drawn an unexpectedly hard line in his country's ongoing energy showdown with Ukraine: restore Russian oil flows, or else a key emergency electricity lifeline for Ukraine gets pulled.
In a weekend post on X, Fico warned that unless Ukraine resumes pumping Russian crude to Slovakia by Monday, Bratislava will cut off its emergency power exports. This is an immense threat given current frigid subzero temperatures in war-ravaged Ukraine.
"If...
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Aug 7, 2026 / Tyler Durden
Indian Refiners Continue West Africa Crude Buying Spree
Indian Refiners Continue West Africa Crude Buying Spree
By Tsvetana Paraskova of OilPrice.com
India’s state-run refiners continue their buying spree of crude from West Africa as the Middle East crisis has sapped supply and made deliveries uncertain.
In one of the latest purchases via a tender, India’s state-owned refiner Hindustan Petroleum Corporation Limited (HPCL) has acquired 2 million barrels of Nigerian crude oil from Shell, trade sources told Reuters on Thursday.
HPCL has bought 1 million barrels each of Nigerian crude grades Forcados and Bonga for its Visakh refinery in the state of...
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May 5, 2026 / Tyler Durden
USAF Says Former Qatari 747 Boeing Ready For USA Paint Scheme
USAF Says Former Qatari 747 Boeing Ready For USA Paint Scheme
The U.S. Air Force reports that the Boeing 747 donated by Qatar, now designated the VC-25B Bridge, has completed modification and flight testing and is entering the paint phase ahead of deployment as an interim Air Force One jet.
The bridge aircraft is a former Qatar head-of-state Boeing 747-8i that will serve as an interim presidential aircraft until Boeing's delayed VC-25B replacements are ready, now expected in 2028.
"This program epitomizes what is possible when clear accountability is placed on one...
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