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Diesel Crunch Set To Worsen As Refining Capacity Falls Short, Industry Warns

Diesel Crunch Set To Worsen As Refining Capacity Falls Short, Industry Warns The global diesel market - already trading at record prices - is set to further tighten in the coming months and keep fuel prices high, raising the prices of all goods and threatening the inflation targets of the central banks. Industry officials, who gathered at the APPEC petroleum conference in Singapore this week, warned that the market has not seen the worst of the diesel crisis yet. Analysts say the real stress in oil markets is in the diesel...
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Jun 8, 2026 / Tyler Durden
Tiny X-Ray Telescope Could Unlock The Moon's Hidden Chemistry
Tiny X-Ray Telescope Could Unlock The Moon's Hidden Chemistry Authored by Tokyo Metropolitan University via ScienceDaily, Researchers at Tokyo Metropolitan University have used simulations to show that a small, newly developed X-ray telescope could help create a chemical map of the entire lunar surface. Such a map would be a major step toward understanding how the Moon formed, changed, and evolved over time. A new compact X-ray telescope could help scientists produce the first-ever complete map of the Moon’s chemical makeup. Credit: Shutterstock Their detailed modeling, which included both the telescope detector and...
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Jul 11, 2026 / Tyler Durden
Cuba Plunges Into Second Island-Wide Blackout As Communist System Unravels
Cuba Plunges Into Second Island-Wide Blackout As Communist System Unravels Cuba suffered its second nationwide blackout in a matter of days late Friday, another sign that the communist-controlled island is sliding deeper into economic collapse amid tightening US sanctions and renewed pressure from the Trump administration. Havana blames US "gunboat diplomacy" and the financial sanctions for its economic demise, but the roots of the crisis are decades of communist rule, chronic underinvestment, widespread economic mismanagement and a crumbling power grid. Yet America's Democratic Party is increasingly embracing socialism and communist ideology, a...
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Jun 30, 2026 / Dave DeCamp
Report: Oman Proposes Strait of Hormuz Plan That Involves Collecting Fees
The New York Times reported on Tuesday that Iran and Oman are moving forward with a plan for the Strait of Hormuz that would involve collecting fees for ships transiting the waterway, despite the US expressing vehement opposition to the idea. Sources told the paper that Oman recently delivered a formal proposal to the US […]
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