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Futures Bounce As Brent Drops Under $90 On Renewed Iran Optimism
Futures Bounce As Brent Drops Under $90 On Renewed Iran Optimism
Global stocks rose as chipmakers rebounded, with falling bond yields adding support to risek sentiment after Brent crude slid below $90 a barrel, down more than 3% after a New York times reports that "evacuated foreign service officers could begin heading back to their posts as early as this week... suggesting Washington does not anticipate a renewal of full-scale conflict with Iran." Oil is also lower on positive signals from Pakistan’s army chief, and Al-Arabiya reporting that he carried an offer to lift sanctions under the MOU. As of...
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May 13, 2026 / Tyler Durden
Japan's Refinery Utilization Hits 73% As Strategic Oil Stocks Flow In
Japan's Refinery Utilization Hits 73% As Strategic Oil Stocks Flow In
With global refineries working overtime to convert oil into much needed product, Japan's refinery utilization rates also surged in May, as releases from petroleum reserves and increased supply of non-Middle East crude are easing the crude supply crunch seen in March and most of April, OilPrice reported.
For the first time since March, refiners in Japan have boosted their average utilization rate to above 70% in the past two weeks, data from the Petroleum Association of Japan (PAJ) showed on...
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Mar 4, 2026
Mearsheimer: "it is almost impossible for me to see how Israel and the US win this war."
"It seems that victory for this aggressive tag team requires not only regime change in Iran, but replacing the regime with new leaders who are subservient to Israeli and American wishes."
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Aug 23, 2026 / Tyler Durden
Elon Musk's Huge Midterm Investment Widens GOP's Money Advantage
Elon Musk's Huge Midterm Investment Widens GOP's Money Advantage
Republicans already have a significant financial advantage heading into the 2026 midterm elections, but Elon Musk is preparing to spend up to $200 million to give them an even bigger boost. Wired reports that officials with knowledge of Musk's plans said the range could still change, and that he intends to direct much of that money toward voter-turnout operations in the cycle's most competitive races, with the Texas Senate contest emerging as a likely landing spot.
The Texas Senate race between Republican...
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