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US Looks To Revive 'Prize Courts' For Iranian Oil Seizures
US Looks To Revive 'Prize Courts' For Iranian Oil Seizures
The US government is exploring an unusual legal route for dealing with Iranian oil and ships captured as part of its blockade: bringing back a wartime maritime system that has barely been used for generations, according to Bloomberg.
The Justice Department, working with the Pentagon, is preparing to use prize law, which historically allowed courts to decide whether vessels and cargo captured during armed conflict could legally become property of the United States. The mechanism was once commonplace in naval warfare...
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Jul 21, 2026 / Tyler Durden
Goldman Warns Brent Could Top $120 If Gulf Chokepoint Crisis Deepens
Goldman Warns Brent Could Top $120 If Gulf Chokepoint Crisis Deepens
Brent crude futures are trading in the low $90s as the Gulf area escalation enters a tenth consecutive day. Iran attacked a tanker in the Strait of Hormuz, while two tankers carrying Saudi crude reversed course in the southern Red Sea after warnings from Iran-backed Houthi forces placed another critical maritime chokepoint under threat.
For more color on energy markets, Goldman commodities expert Daan Struyven warned clients on Monday that Brent crude futures could surge above $120 a barrel by...
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May 1, 2026 / Tyler Durden
Trump Says Spirit Airlines Rescue Still In Review, Final Proposal Coming
Trump Says Spirit Airlines Rescue Still In Review, Final Proposal Coming
Summary:
Trump says Spirit received the final proposal for the lifeline deal
WSJ reported that bankrupt Spirit Airlines was preparing to shutter operations
President Trump comments on Spirit Airlines:
TRUMP: GAVE SPIRIT FINAL PROPOSAL
TRUMP SAYS US STILL LOOKING AT SPIRIT, WILL GIVE FINAL PROPOSAL
TRUMP SAYS TRYING TO HELP SPIRIT, CITING JOBS
TRUMP SAYS WILL HAVE SOMETHING ON SPIRIT TODAY OR TOMORROW
WSJ Reports Spirit Airlines Prepares To Shutter Operations
The Wall Street Journal reports that bankrupt Spirit Airlines is preparing to wind down operations after failing to...
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Oct 5, 2026 / Tyler Durden
Education Department Calls For Transparency And Tolerance... Teacher Unions Cry Foul
Education Department Calls For Transparency And Tolerance... Teacher Unions Cry Foul
Authored by Jonathan Turley via JonathanTurley.org,
The decline of higher education into an ideological echo chamber has been widely discussed on this and other sites. Polls show record lows in the public trust in our universities and colleges as revenues decline and closures increase. Secretary of Education Linda McMahon responded to this meltdown with a common-sense call for greater transparency and tolerance.
The response from teacher unions has been nothing short of hysteria, led by Randi Weingarten at the American Federation...
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