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Iran Unveils Huge New Gas Discovery Amid US Economic Pressure
Iran Unveils Huge New Gas Discovery Amid US Economic Pressure
Iran announced a huge new gas discovery in the southern province of Fars, with the oil ministry reporting estimates of 7.5 trillion cubic feet of gas, of which 73% is recoverable, or 5.7 trillion cu ft, OilPrice reported.
Iran has the world’s second-largest natural gas reserves, after Russia.
“This amount of gas is equivalent to one block of South Pars, which can supply gas for 15 years,” oil minister Mohsen Paknejad said, as quoted by Iranian media. “This volume of gas has...
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May 13, 2026 / Dave DeCamp
Netanyahu’s Office Says He Made a Secret Visit to the UAE During Bombing Campaign Against Iran
The office of Israeli Prime Minister Benjamin Netanyahu said on Wednesday that the Israeli leader made a secret visit to the United Arab Emirates during the US-Israeli bombing campaign against Iran. “In the midst of Operation Roaring Lion, Prime Minister Netanyahu secretly visited the United Arab Emirates, where he met with UAE President Sheikh Mohamed […]
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Jul 15, 2026 / Tyler Durden
UK Adopts 'No Gain, No Loss' Tax Treatment For Crypto Lending And Liquidity Pools
UK Adopts 'No Gain, No Loss' Tax Treatment For Crypto Lending And Liquidity Pools
Authored by Micah Zimmerman via BitcoinMagazine.com,
The United Kingdom’s HM Revenue & Customs will treat certain disposals involving cryptoasset loans and liquidity pools as “no gain, no loss,” deferring Capital Gains Tax until a user makes an economic disposal of the underlying cryptocurrency.
The measure, published Monday, takes effect 6 April 2027 and applies to individuals and trustees who enter cryptoasset loan and liquidity pool arrangements, according to the policy paper.
It amends the Taxation of Chargeable Gains Act 1992.
The rules cover three scenarios....
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May 4, 2026 / Tyler Durden
Iran Threatens Attack On US Navy In Hormuz, As Pentagon Rejects IRGC Claim American Warship Hit
Iran Threatens Attack On US Navy In Hormuz, As Pentagon Rejects IRGC Claim American Warship Hit
Summary
Iran insists Hormuz is under its control & says it targeted & struck a US Navy vessel, which the Pentagon/Central Command has denied.
Trump announced Sunday US will 'help free up' ships stuck in Hormuz Strait through Project Freedom.
Iran has in response issued a "redefined the control zone" in Strait of Hormuz.
Pakistan facilities good faith return of Iranian crew members of US-seized merchant ship from two weeks ago.
US x Iran permanent peace deal by June...
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