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Brent Tops $102 As Mideast Conflict Intensifies, HSBC Hikes Oil Forecast
Brent Tops $102 As Mideast Conflict Intensifies, HSBC Hikes Oil Forecast
Brent crude futures traded above $102 a barrel Thursday morning after Iran threatened to intensify attacks, renewing concerns over tanker flows through the Hormuz maritime chokepoint. The supply risk extends well beyond crude to mounting shortages of refined products, particularly diesel, as the US diesel crack spread trades around $102 a barrel.
President Trump's indication yesterday that the conflict could continue beyond November's midterm elections suggests limited near-term fuel pump relief for working-class folks, with the US national gasoline...
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Jul 29, 2026 / Tyler Durden
From Momentum To Mayhem: Korean 'Plunge Protectors' Meet As Leverage Unwind Sparks Chaos
From Momentum To Mayhem: Korean 'Plunge Protectors' Meet As Leverage Unwind Sparks Chaos
'Leverage goes both ways...'
That is a lesson that many are learning in a painful manner as the army that enjoyed the momentum escalator ride up are now decrying the elevator plunge lower... and the poster-child for this pain is Korea.
Following anxiety over new Chinese competition, and disappointing earnings from SK Hynix overnight, Korea's stock market has plunged 44% from its record highs in June (but remains up 27% YTD still)...
Triggering yet another circuit-breaker...
You didn’t pray hard enough
The...
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Apr 29, 2026 / Tyler Durden
Chinese Nationals Among 51 Indicted Over Marijuana Grow Operations In Oklahoma
Chinese Nationals Among 51 Indicted Over Marijuana Grow Operations In Oklahoma
Authored by Michael Clements via The Epoch Times (emphasis ours),
A Department of Homeland Security investigation has resulted in the indictment of 51 defendants—including 29 Chinese nationals—on 67 counts of conspiracy to manufacture black-market marijuana in Oklahoma for distribution in Texas, Mississippi, Kansas, and North Carolina, among other locales.
Oklahoma drug enforcement agent Mike Garcia looks over rows of marijuana plants at an illegal grow facility in Ponca City, Okla, on Dec. 22, 2025. Allan Stein/The Epoch Times
The defendants are from...
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Jul 29, 2026 / Tyler Durden
Trump Admin Set To Ban Chinese Robots In "Economic Security" Push
Trump Admin Set To Ban Chinese Robots In "Economic Security" Push
The Federal Communications Commission is planning to unveil a series of new trade restrictions on Tuesday afternoon that will ban imports of Chinese humanoid and quadruped robots, as well as connected power inverters. This announcement comes ahead of the expected boom in physical AI.
Chinese company Unitree reveal their "all terrain" wheeled robot.
The military potential for this technology is obvious.
Europe is so far behind China, its scary. pic.twitter.com/DcXnmj6Knx
— Chay Bowes (@BowesChay) July 24, 2026
Reuters was first to report the story:
The...
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