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Qatar And UAE Turn To Rare LNG Ship Transfers As Hormuz Crisis Drags On
Qatar And UAE Turn To Rare LNG Ship Transfers As Hormuz Crisis Drags On
By Tsvetana Paraskova of OilPrice.com
Three LNG carriers loaded from Qatar and the United Arab Emirates in the Persian Gulf have transferred their cargoes onto other vessels outside the Strait of Hormuz in the past month, a move that’s highly unusual for LNG cargoes but one that could raise the crippled LNG shipments from the region.
LNG traffic at the Strait of Hormuz nevertheless remains at a standstill, even though oil flows are estimated to have rebounded in recent...
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Jun 17, 2026 / Tyler Durden
Watch Live: Kevin Warsh's First Press Conference As Fed Chair
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Speaking at Semafor’s World Economy event in Washington, D.C., President and COO of Goldman Sachs John Waldron warned that some managers have oversold how easy it is to get money out—especially to retail investors, who’ve helped balloon the market into a $1.7 trillion behemoth just as the space faces growing scrutiny and tighter conditions, according to Semafor.
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Jul 22, 2026 / Tyler Durden
Iran Blasts US 'Fabricated Pretext' To Hit Pickaxe Mountain, Launches More Attacks On Bahrain, Saudi Arabia, Jordan
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Amid continued fighting which has included explosions heard in Tehran overnight and in the south, Iran's leadership has condemned the Trump administration's "obsessive focus on Kolang Kouh where no nuclear activity is taking place is nothing more than a fabricated pretext for aggression, destruction, and sabotage," according to Foreign Minister spokesman Esmail Baghaei in a post on X, referring to Pickaxe Mountain.
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