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Norway Seizes Russian Ship, Will Give Funds to Ukraine
Norway seized a Russian ship in the Arctic after a court ruled that it should be used to compensate Ukraine. The ship was departing a Russian port in the Svalbard archipelago when authorities seized it on Wednesday. While Svalbard is part of Norway, it functions as a Russian coal mining operation. Norwegian courts ruled the […]
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Mar 4, 2026 / Tyler Durden
Trump's Venezuela Oil Plan Runs Into Hard Reality
Trump's Venezuela Oil Plan Runs Into Hard Reality
Authored by Andrew Topf via oilprice.com,
Last week US President Donald Trump announced that Venezuela’s interim authorities will turn over up to 50 million barrels of oil to the United States, before later declaring his administration will control Venezuela's oil sales “indefinitely”.
Decrying the state of Venezuela’s oil sector, including that the South American country now pumps a fraction of what it used to, Trump said, “We’re going to have our very large United States oil companies — the biggest anywhere in the world — go...
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Jun 25, 2026 / Tyler Durden
Hegseth Hails First Test Of America's 'Golden Dome' Missile Defense Shield
Hegseth Hails First Test Of America's 'Golden Dome' Missile Defense Shield
Authored by Tom Ozimek via The Epoch Times,
The Pentagon has carried out the first milestone test of the Golden Dome for America missile defense program, and Secretary of War Pete Hegseth announced on June 23 that an autonomous targeting system and directed-energy technology successfully intercepted a series of simulated incoming threats.
Declaring the test a “full mission success,” Hegseth said in a statement on social media that the system detected, tracked, targeted, and destroyed multiple drone and cruise missile threats,...
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Aug 24, 2026 / Tyler Durden
Houthis Attack Saudi Oil Tanker In Red Sea, As Bab el-Mandeb Transit Is Up Slightly
Houthis Attack Saudi Oil Tanker In Red Sea, As Bab el-Mandeb Transit Is Up Slightly
Yemen's Houthis on Monday targeted the Saudi oil tanker Amzan in the Red Sea off Yanbu with a ballistic missile and drones, the Iran-aligned militant group announced.
Soon after initial reports emerged, Saudi Arabia confirmed the attack, with Saudi shipping company Bahri stating that its Amzan vessel was involved in a hostile incident in regional waters.
Yahya Saree, the military spokesman for the Houthi rebels in Yemen, described that the attacks were carried out using ballistic missiles...
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