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Brent Tops $100 As Gulf Conflict Escalates; UBS Warns US-Iran "Off-Ramp Remains Elusive"
Brent Tops $100 As Gulf Conflict Escalates; UBS Warns US-Iran "Off-Ramp Remains Elusive"
Brent crude futures topped $100 a barrel for the first time since July as US strikes on Iranian oil tankers and renewed attacks on Saudi energy infrastructure and a US base in Jordan suggested to UBS energy specialist Dominic Ellis that a "US-Iran off-ramp remains elusive."
Ellis adds more color on the overnight Gulf developments and response in the crude oil market:
Brent topped $100/bbl as the US and Iran continue to trade strikes around the Strait of Hormuz.
The...
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May 2, 2026 / Tyler Durden
Spirit Airlines 'Bites The Dust' As All Flights Canceled
Spirit Airlines 'Bites The Dust' As All Flights Canceled
The collapse of bankrupt Spirit Airlines is now official.
After several failed attempts by the Trump administration to engineer a rescue package, including a proposed $500 million financing deal that could have left the U.S. government with control of up to 90% of the budget carrier, negotiations broke down late this week.
By Saturday morning, Spirit had begun winding down operations, with all flights canceled and the carrier entering liquidation mode.
The outcome marks the final flight for the budget airline, crushed by...
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May 7, 2026 / Tyler Durden
UN Climate Panel Quietly Admits Its Doomsday Climate Scenarios Were 'Implausible'
UN Climate Panel Quietly Admits Its Doomsday Climate Scenarios Were 'Implausible'
The IPCC has published a new generation of climate scenarios - and buried in the fine print is a remarkable concession: the extreme warming pathways that dominated climate research, policy, and media coverage for decades were never actually plausible. It took a while to notice because almost no one in mainstream media bothered to report it.
"The Intergovernmental Panel on Climate Change (IPCC) has just published the next generation of climate scenarios," Science policy analyst Roger Pielke Jr. wrote, calling...
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Jul 29, 2026 / Tyler Durden
New Jersey Rejects DOJ's Request For Records On Noncitizen Voter Registration Error
New Jersey Rejects DOJ's Request For Records On Noncitizen Voter Registration Error
Authored by Tom Gantert via The Epoch Times,
New Jersey is refusing to hand over information to the U.S. Department of Justice involving a voter registration error that allowed thousands of noncitizens to register to vote in the state.
The DOJ requested the full names, dates of birth, nationalities, residential addresses, and registration dates and locations of 6,600 people involved in the error.
New Jersey Gov. Mikie Sherrill rejected the DOJ’s request for the data, saying in a letter on Tuesday...
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