Middle East War Triggers New Global Refining Boom

Merz Promises Fico A Spanking For Slovak Leader's Moscow V-Day Trip Slovak Prime Minister Robert Fico was once again this year the only EU leader to visit Moscow for Russia's Victory Day commemorative WW2 celebrations on Saturday, which has drawn a predictable and fierce rebuke from Germany and European officials. This was the second time Fico attended V-Day celebrations, after a similar controversial visit last year. German Chancellor Friedrich Merz in particular chastised Fico with scolding words, as if Fico was being called to the principal's office. "We will talk with him about...

Watch $134 Million Go Up In Smoke As Navy Jets Collide At Air Show As if Pentagon losses in the Trump-Netanyahu war on Iran weren't already sapping them enough already, American taxpayers were losers again on Sunday when two U.S. Navy EA18-G Growlers blew up in spectacular fashion after colliding at an air show at Mountain Home Air Force Base in Idaho. Four crew members ejected and were medically evaluated and said to be in stable condition. EA18-G Growlers are used to jam and suppress enemy radar and other electronics (USAF Photo) The...

JPM's Dimon Warns Of "Skunk At Party," Talks Credit Cycles, Touts U.S. Military Power JPMorgan CEO Jamie Dimon began his annual shareholder letter on Monday by tying the bank's legacy to the nation's history: "In 2026, America is celebrating its 250th anniversary. This year, we are also celebrating the 227th anniversary of JPMorgan Chase, which was founded in April 1799." Quick Summary  Dimon used his annual letter to tout another year of record financial results, while warning that investors may be underestimating the risks building across the global economy. These risks include...