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Saudi Aramco Profit Soars As CEO Warns Hormuz Closure Removes 100 Million Barrels A Week
Saudi Aramco Profit Soars As CEO Warns Hormuz Closure Removes 100 Million Barrels A Week
Saudi Aramco, the world's largest oil producer by volume, reported a 33% jump in second-quarter profits on Tuesday as the war-driven surge in Brent crude, which averaged $97 a barrel, boosted earnings. The company maintained export flows by redirecting crude around the disrupted Strait of Hormuz through its East-West Pipeline to the Red Sea.
Adjusted net income for the quarter surged to $33.4 billion from $25.2 billion a year earlier, beating the Bloomberg Consensus estimate...
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Jun 2, 2026 / Tyler Durden
US Bill Would Prevent Chinese Connected Cars In Canada From Entering United States
US Bill Would Prevent Chinese Connected Cars In Canada From Entering United States
Authored by Olivia Gomm via The Epoch Times,
Two U.S. lawmakers are set to introduce a bill aimed at preventing Chinese-connected vehicles from entering the United States via Canada and Mexico, amid growing concerns over Chinese-made electric vehicles entering the Canadian market.
BYD electric cars waiting to be loaded on a ship are stacked at the international container terminal of Taicang Port at Suzhou Port, in China's eastern Jiangsu Province on Sept. 11, 2023. AFP via Getty Images
U.S. Representative...
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Aug 19, 2026 / Tyler Durden
'Quality Over Quantity': Reddit Is Mostly Wiped From ChatGPT Citations
'Quality Over Quantity': Reddit Is Mostly Wiped From ChatGPT Citations
Nature is healing, with the latest data from the AI search visibility platform Promptwatch showing that OpenAI's ChatGPT citations from Reddit have plunged in recent weeks to nearly zero.
"It looks like Reddit is almost wiped from ChatGPT sources; the query fanout changes had a big impact, and in the past couple of days it seems to be almost completely removed from prompt responses," Promptwatch founder Klaas Foppen wrote on X.
looks like reddit is almost wiped from chatgpt sources
the query...
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Apr 28, 2026 / Robert Aro
Those Big, Beautiful Bonds
Whether rates go up or down, neither outcome will be pleasant, leaving a bondholder caught between the Unthinkable and the Unimaginable.
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