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Bessent Announces EU 'Officially Joined' Operation Economic Outcast Against Iran
Bessent Announces EU 'Officially Joined' Operation Economic Outcast Against Iran
US Treasury Secretary Scott Bessent announced on X Friday that the EU has "officially joined" Operation Economic Outcast, the sweeping US sanctions campaign to cut Iran out of the international banking system and completely isolate it from the global economy.
"The European Union has officially joined Operation Economic Outcast and we appreciate their strong and early stance," Bessent wrote; however, the European Commission seemed to actually reveal no change in the bloc's measures.
The European Union has officially joined Operation Economic Outcast and...
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Jun 1, 2026 / Tyler Durden
Interest In Politics Often Ranks Low
Interest In Politics Often Ranks Low
Interest in politics varies among countries and for many of the 34 nations surveyed by Statista Consumer Insights between April 2025 and March 2026, politics was in the bottom half of the most frequently named personal interests out of 18 surveyed. The topic ranked lowest in India (16 out of 18), Malaysia (16) and Saudi Arabia (16).
As Statista's Anna Fleck shows in the chart below, the share of respondents naming politics as an interest also varied between countries where it ranked similarly.
You will find more infographics...
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Sep 18, 2026 / Tyler Durden
Germany Weighs Market Incentives To Boost Record Low Gas Storage Level
Germany Weighs Market Incentives To Boost Record Low Gas Storage Level
Authored by Tsvetana Paraskova via OilPrice.com,
Germany is considering expanding a key market incentive to encourage traders to raise gas storage levels ahead of the winter, a government source told Reuters on Wednesday as German gas sites are barely half full at present.
Europe's biggest economy has the world's fourth-largest natural gas storage capacity, but this capacity has been only 56% full as of the middle of September, according to data by Gas Infrastructure Europe.
That's a historically low level, the lowest...
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Apr 18, 2026 / Tyler Durden
Iranian Gunboats Open Fire On Tanker As Hormuz Closure Sparks Maritime Chaos
Iranian Gunboats Open Fire On Tanker As Hormuz Closure Sparks Maritime Chaos
Summary:
Two Iranian gunboats Open Fire on a tanker near Oman
Friday: Hormuz Open; Saturday: Hormuz Closed
Iranian Forces Open Fire On Tanker
The UK Maritime Trade Operations (UKMTO) reports that a tanker was "approached by 2 IRGC gunboats, with no VHF challenge, and then fired upon."
UKMTO did not provide any further details about the two Iranian vessels that fired on the tanker or the type of weapons used in the maritime incident, which was reported to have occurred 20 nautical miles...
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