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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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Apr 7, 2026 / Tyler Durden
Futures Slide, Oil Jumps After US Attacks Kharg Island Ahead Of Trump's 8pm Iran Deadline
Futures Slide, Oil Jumps After US Attacks Kharg Island Ahead Of Trump's 8pm Iran Deadline
US futures reversed earlier gains and oil advanced following reports that Iran's Kharg island was targeted earlier on Tuesday, while the market was largely paralyzed ahead of Trump’s 8pm ET deadline for Iran to agree to a ceasefire or face escalation. As of 8:00am ET, S&P futures are down 0.4%, and Nasdaq futures slide 0.6%. In premarket trading, all Mag7 names are lower even as AVGO (+3% pre-mkt) is bid after a TPU supply pact with...
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Jun 28, 2026 / Jason Ditz
Protests in Beirut as Many Lebanese Oppose ‘Shameful’ Israel Deal
Friday’s announcement of a new “trilateral deal” between Israel, Lebanon and the United States quickly proved controversial, and major protests erupted in the Lebanese capital of Beirut. Centering around the Shi’ite suburbs of southern Beirut, which have been repeatedly attacked by Israel during the war, the protesters complained it did little to nothing to actually […]
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Jun 12, 2026 / Tyler Durden
DOE Declares Southeast Grid Emergency As Sweltering Heat Boosts AC Demand
DOE Declares Southeast Grid Emergency As Sweltering Heat Boosts AC Demand
As the U.S. men's national soccer team kicks off its first match against Paraguay in Southern California on Friday night, large swaths of the country are trapped in what feels like a wet sauna, with dangerous heat and humidity forcing households to crank up their air conditioning and straining power grids from the Southeast to the Northeast.
On Thursday, the Department of Energy issued an emergency order to mitigate blackout risks across the Carolinas amid extreme heat that threatens to...
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