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The Diamond Crash Accelerates
The Diamond Crash Accelerates
The Diamond Standard Index, tracked on Bloomberg under the ticker DIAMINDX, tumbled to new record lows during the first half of August as a surge in affordable lab-grown stones eroded the scarcity premium underpinning natural diamond prices.
"Technological progress in growing diamonds in labs has been amazing. It's no surprise most engagement rings are now using lab diamonds," X user Crémieux said.
Technological progress in growing diamonds in labs has been amazing.
It's no surprise most engagement rings are now using lab diamonds. https://t.co/MZ4zWVlQNq pic.twitter.com/fH1lFYD3Ih
— Crémieux (@cremieuxrecueil) August 8,...
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Sep 17, 2026 / Tyler Durden
IRGC Announces Attack On Another Tanker In Hormuz, As Trump Mulls 'Annihilate Them Or Not' Decision
IRGC Announces Attack On Another Tanker In Hormuz, As Trump Mulls 'Annihilate Them Or Not' Decision
Update(1755ET): While the White House has signaled it wishes to see 'quiet' in the Strait of Hormuz and de-escalation when it comes to Iran, it doesn't seem heavily sanctioned-Tehran is yet willing to see it that way. Another foreign vessel has reportedly been hit, via Sepha News:
IRGC says Togolese-flagged tanker 'Trend' was hit and stopped after a fire, while it stated the tanker violated Hormuz rules and that the US instigated the transit.
Below is a...
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Aug 12, 2026 / Tyler Durden
Tanker Data Contradicts US Claim That Middle East Oil Flows Have Normalized
Tanker Data Contradicts US Claim That Middle East Oil Flows Have Normalized
By Tsvetana Paraskova of OilPrice.com
Oil flows from the Middle East have normalized, with Sunday traffic alone above pre-conflict averages, US Secretary of Energy Chris Wright said on Tuesday in a claim that appears not to be backed by ship-tracking data.
On Tuesday, Secretary Wright posted on X that “Thanks to the coordinated efforts of the U.S. military and our gulf allies, the seven-day average for oil leaving the Strait of Hormuz is currently up to almost 9 million barrels...
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May 2, 2026 / Tyler Durden
Federal Court Blocks Abortion Drug Mifepristone From Being Sent Via Mail
Federal Court Blocks Abortion Drug Mifepristone From Being Sent Via Mail
Authored by Jacki Thrapp via The Epoch Times,
Americans won’t be able to receive abortion drug mifepristone in the mail, according to a temporary ruling by the U.S. Fifth Circuit Court on May 1.
“FDA conceded it had failed to adequately study whether remotely prescribing mifepristone is safe,” the three-judge panel in New Orleans ruled on Friday.
The decision will block the drug from being shipped via mail until the Food and Drug Administration (FDA) can ensure the drugs are “safe and...
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