Hormuz Deal Hits Snag: Monday's Gulf-Iran Shipping Talks "Postponed"

Yemen’s Ansar Allah, also known as the Houthis, warned on Wednesday that more attacks targeting Saudi Arabia’s oil facilities were coming following a strike that hit the headquarters of the Saudi state-owned oil giant Aramco in the eastern city of Dhahran. Yahya Saree, spokesman for the Ansar Allah-led Yemeni Armed Forces, said that attacks also […]

AI Authoritarianism: A Government Without Constitutional Brakes Authored by John & Nisha Whitehead via The Rutherford Institute, "United States AI companies must be free to innovate without cumbersome regulation." - President Donald Trump, Executive Order 14365 The era of small government is over. Anyone who tells you differently is selling you a lie. Case in point: Donald Trump promised to shrink the federal government. But what if Trump's pledge to cut the federal work force wasn't really about eliminating government bureaucracy but outsourcing it to the AI tech sector? What if Trump, with the backing of a...

Asia Begins Pricing US Oil Against Brent As Dubai Volatility Spikes Submitted by Michael Kern of OilPrice.com Asian refiners have started pricing their orders for U.S. crude oil against the ICE Brent benchmark instead of the typical pricing on Dubai crude, as the Middle Eastern benchmark has seen wild fluctuations amid choked physical supply from the Persian Gulf. Dubai crude prices soared last week to an all-time high of $169.75 per barrel, and were around  $130 a barrel early on Friday. These highly volatile prices and the uncertainty about supply from the Middle...