Article
Oil Tanker Rates Hit Record Highs as Middle East Shipping Risks Soar
Oil Tanker Rates Hit Record Highs as Middle East Shipping Risks Soar
By Tsvetana Paraskova of OilPrice.com
Oil tanker rates have jumped to record highs as escalating risks to shipping in and out of the Middle East are prompting traders and tanker operators to undertake inefficient and more expensive trade routes.
While the crude oil supply is actually there, shipping it through the Strait of Hormuz remains a very risky endeavor, especially in light of the escalating U.S.-Iran tanker war in the Persian Gulf and the Gulf of Oman, while Saudi Arabia...
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Authored by Naveen Athrappully via The Epoch Times,
A federal court ruled in favor of the Trump administration in a lawsuit challenging Illinois’ laws that offered education benefits to illegal immigrants while denying the same for out-of-state Americans.
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Germany Restricts Emigration To Prevent Young Men From Escaping The Military Draft
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Authored by Ryan McMaken via the Mises Institute,
Late last year, German lawmakers passed new legislation paving the way for military conscription. As the Guardian reports, “The change will include the obligatory screening of all 18-year-old men to gauge their suitability to serve in the military from 1 January..” This is not (yet) full-blown conscription, but clearly moves in that direction, providing the German state with a plan to measure and assess the availability of young men who...
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