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Bessent Says Hormuz Will Be A "Worthless Piece Of Water" In Two Years
Bessent Says Hormuz Will Be A "Worthless Piece Of Water" In Two Years
Summary
Bessent Says Hormuz Will Be "Worthless Piece of Water" In Two Years
Iran offers conditional ceasefire: Pezeshkian says Iran will return to talks if the US honors prior commitments, which Tehran says it has violated.
US threatens further strikes: Trump warned of more action but ruled out necessarily returning to full-scale war.
Tankers hit in Strait of Hormuz: Two supertankers struck exiting Hormuz, escalating energy-market risks.
Oil prices surge: Brent crude rose above $92/barrel.
Diesel supply squeezed: Refinery disruptions are driving diesel prices and margins sharply higher.
Strait of...
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Mar 11, 2026 / Tyler Durden
Microsoft Backs Anthropic's Bid To Block Pentagon's 'Supply-Chain Risk' Label
Microsoft Backs Anthropic's Bid To Block Pentagon's 'Supply-Chain Risk' Label
Authored by Aldgra Fredly via The Epoch Times,
Microsoft on March 10 filed an amicus brief backing Anthropic’s lawsuit against the Department of War, seeking a court order to temporarily stop the Pentagon from labeling Anthropic as a supply-chain risk.
Anthropic filed the suit on March 9 after the Pentagon designated it a supply chain risk to national security, a label that would hinder the Pentagon and its contractors from using Anthropic’s artificial intelligence technology in their work for the U.S. military.
The...
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May 15, 2026 / Tyler Durden
SpaceX Reportedly Chooses Nasdaq And "SPCX" Ticker For Mega IPO
SpaceX Reportedly Chooses Nasdaq And "SPCX" Ticker For Mega IPO
Elon Musk's rocket company, SpaceX, has reportedly selected Nasdaq for its long-awaited IPO and is targeting a June 11 pricing, followed by a June 12 debut under the ticker "SPCX," according to a Reuters report released late in Friday's U.S. cash session.
Immediately after the report, odds for "SPCX" on the Polymarket bet, "What will SpaceX's public ticker be?" soared to nearly 100%.
Will SpaceX's public ticker be another ticker?
Yes 97% · No 3%View full market & trade on PolymarketIn April,...
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May 28, 2026 / Tyler Durden
EU Emissions Trading Expansion And The Pressure On German Aviation Industry
EU Emissions Trading Expansion And The Pressure On German Aviation Industry
Submitted by Thomas Kolbe
Germany’s leading airline Lufthansa is closing its regional subsidiary CityLine, while low-cost carrier Ryanair is scaling back its Germany operations. Airport locations are under increasing pressure, with tens of thousands of jobs at stake. And how does politics respond to this veritable crisis? Naturally, with further levies.
In this case, it was the EU Commission that came forward with the proposal to extend the EU Emissions Trading System (ETS) to international flights departing from Europe. Another new...
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