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Houthis Claim Fourth Attack On Saudi Aramco Refineries This Month
Houthis Claim Fourth Attack On Saudi Aramco Refineries This Month
Yemen's Houthis, or the Ansar Allah movement, released a statement Thursday announcing new military operations against Saudi Arabia which targeted an Aramco facility and an airport in Najran province, saying that forces "carried out two military operations using two drones."
"The first targeted a sensitive target belonging to the Saudi enemy at Najran Airport, while the second targeted Aramco in Najran. Both operations successfully achieved their objectives, by God’s grace," the Houthi statement declared.
LinkedIn/Reuters
Najran is a mid-sized city of around 400,000 and is located in...
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May 25, 2026 / Tyler Durden
At Last Minute, SEC Suddenly Delays Plan To Allow Crypto Versions Of US Stocks
At Last Minute, SEC Suddenly Delays Plan To Allow Crypto Versions Of US Stocks
Authored by Micah Zimmerman via Bitcoin Magazine,
The Securities and Exchange Commission has pumped the brakes on its highly anticipated “innovation exemption” for tokenized stocks, pushing back the release of the framework as it weighs input from traditional stock exchanges and other market participants wary of the plan’s sweeping implications, according to Bloomberg reporting.
The SEC, under Chair Paul Atkins, was preparing to release the so-called innovation exemption as soon as this week.
The framework would create a new regulatory pathway allowing...
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Sep 10, 2026 / Tyler Durden
HSBC Sees "Upside Risks" From "Super Squeeze" In Commodities
HSBC Sees "Upside Risks" From "Super Squeeze" In Commodities
London copper futures are trading north of $14,700 a ton, Brent crude futures have climbed above $101 a barrel, US diesel crack spreads are back in triple-digit territory, and the Bloomberg Commodity Index is at a 14-year high. The energy shock has broadened into a rally across the commodity complex, from energy to agricultural products to metals and other critical materials, with a growing number of Wall Street research desks identifying tightening physical supplies as a key driver.
HSBC chief economist for...
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Jul 17, 2026 / Tyler Durden
Private Credit: The New Junk Bond Market
Private Credit: The New Junk Bond Market
Authored by Ed Dowd via Beyond the Narrative,
Private Credit: The New Junk Bond Market...Except It Lacks Transparency, Liquidity & Is About To Be Stress Tested
History
Private credit was born from the ashes of the Great Financial Crisis. In the aftermath of that debacle, regulators moved to limit the risks banks could take. Loans deemed too risky were no longer being originated by commercial banks. To fill that void, non-bank lenders stepped in, creating what is known as private debt or direct lending market. You...
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