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WTI At 5-Week Highs As US-Iran Fighting Resumes; US Production At Record High As Cushing & SPR Hit 'Tank Bottoms'
WTI At 5-Week Highs As US-Iran Fighting Resumes; US Production At Record High As Cushing & SPR Hit 'Tank Bottoms'
Oil prices were volatile but are trading around unchanged this morning, but still near the highest closing level in five weeks (WTI topped $92 overnight) as hostilities broke out again between the US and Iran, renewing the threat to energy exports from the Middle East.
The US conducted a second day of strikes on the Islamic Republic overnight, with President Donald Trump threatening more attacks if Tehran responded. Within hours, Iran...
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Mar 17, 2026 / Dave DeCamp
Israeli Airstrike Kills Three Palestinians, Including a Child, in Southern Gaza
An Israeli airstrike in southern Gaza on Tuesday killed three Palestinians, the Quds News Network has reported, as IDF attacks continue across the Strip amid the US-Israeli war against Iran. The report said the Israeli strike targeted a vehicle in the al-Mawasi tent camp in southern Gaza and that a child was among those killed […]
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Oct 28, 2026 / Tyler Durden
Watch Live: Fed Chair Warsh Desperately Tries To Explain Why His 'Pause' Is Not Political
Watch Live: Fed Chair Warsh Desperately Tries To Explain Why His 'Pause' Is Not Political
Warsh will be walking a very fine tightrope in today's press conference that looks especially delicate.The Fed Chair's problem today is that he's spent the last few months telling everyone the Fed needs a "timelier return to 2%", and then September's CPI came in hot, and he's about to skip anyway.While the pause decision was entirely expected and priced-in, the explanation is the hard part.The decision lands less than a week before midterms in which...
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Apr 17, 2026 / Joshua Mawhorter
Jesus and the Christian Socialist’s Problem of Evil
Those who invoke Jesus for socialism face a tension: if the power to end suffering creates a moral obligation, then the Jesus who healed many but not all appears, by that standard, either unwilling or unable.
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