Cambodia, US Begin Planning For Resumption Of Military Exercises In 2027, Says Cambodian Army

Chevron, ConocoPhillips Warn About "Critical Shortages" Of Oil, Soaring Prices And Demand Destruction This morning, most of the world's energy giants including Exxon and Chevron, reported stellar earnings as surging oil prices more than offset curtailed output. They also issued several loud warnings about the ongoing Hormuz blockage which is no closer to resolution.  ConocoPhillips was first, warning of imminent “critical shortages” of oil for some nations as the Iran war that has crippled global energy flows enters its third month.  The supply crunch that already pushed Brent prices up more than...

People continue to be hopeful that the new US-Iran deal will actually lead to a resolution of the ongoing Israeli invasion of Lebanon, though Israeli officials seem loathe to countenance such a possibility. The number of Israeli attacks does seem to have declined, at least in the near term. An Israeli drone strike against a […]

President Trump on Wednesday night said that he was launching what he described as the “most crushing economic operation ever’ against Iran and threatened the economies of any countries that do business with the Islamic Republic. “No one has given the Islamic Republic of Iran a greater opportunity to make a Deal than me. TRAGICALLY, […]