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US SPR Falls Below 300 Million Operational Limit As Oil Drain Unexpectedly Surges To 6.1MM Barrels, Most In 2 Months
US SPR Falls Below 300 Million Operational Limit As Oil Drain Unexpectedly Surges To 6.1MM Barrels, Most In 2 Months
As negotiations between the US and Iran to reopen the Strait of Hormuz go nowhere, oil prices continue to slide lower on some naive hope that a resolution to the conflict will magically emerge. Meanwhile, both commercial and strategic stocks continue to be drained at a historic pace, and one day virtually every tank bottom will be hit, sparking a historic surge in commodity prices as the market realizes that...
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Apr 20, 2026 / Tyler Durden
Iraq's Ruling Pro-Iran Bloc Races To Choose PM, While US Rejects Main Candidates
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Via The Cradle
The US has suspended all funding and security coordination with Iraq, and shipments of dollars the Central Bank of Iraq (CBI), until a new Baghdad government acceptable to Washington is formed, Saudi state-owned Al-Hadath reported Monday.
The US is also conditioning continued security cooperation on the disclosure of those involved in the bombing of its embassy, the news channel added.
President Trump previously with the current Prime Minister of Iraq Mohammed Shia' al-Sudani
Nevertheless, on Monday, the CBI released a statement rejecting the Al-Hadath report....
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Jul 1, 2026 / Jonathan Newman
The Supreme Court and the Supreme Fed
With its new ruling in Trump v. Cook, the Supreme Court demonstrates it does not understand central banking or the Fed. Clarence Thomas, however, saw through the Fed's lies.
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Jul 27, 2026 / Tyler Durden
Which NATO Countries Boosted Defense Spending The Most In 2025?
Which NATO Countries Boosted Defense Spending The Most In 2025?
NATO’s European members and Canada increased defense spending by 20% in 2025, the group’s biggest military buildup in the last decade.
Created in partnership with Inigo, this graphic, via Visual Capitalist's Jenna Ross, shows which NATO countries increased spending the most and how much they now spend as a share of GDP.
Spending Heavyweights, Ranked by Annual Increases
Our analysis covers NATO countries that spent over $10 billion on defense in 2025.
Belgium was the country with the biggest spending jump of 58%. Once among NATO’s lowest...
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