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Saudi Oil Routes Narrow: Kingdom Eyes Hormuz Export Surge After Pipeline Attack
Saudi Oil Routes Narrow: Kingdom Eyes Hormuz Export Surge After Pipeline Attack
Middle East tensions remain high, with Brent crude futures trading around $105 a barrel and US diesel crack spreads near $110 a barrel amid an ongoing global refining crisis. Disruptions to Russian fuel production from the war in Ukraine are compounding supply constraints across the Middle East.
Saudi Arabia's options for maintaining exports have significantly narrowed following a drone attack that shut down its critical East-West pipeline last week. With that alternative pipeline route disrupted, possibly for up to...
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Sep 1, 2026 / Kurt Nimmo
Trump’s Stolen Venezuelan Crude Oil Sent to Israel
On August 29, President Trump went on social media and boasted about stealing Venezuelan oil. The theft, according to Trump, “more than doubles American oil reserves.” He said there was “no cost” to American taxpayers, although there will obviously be a huge cost to the people of Venezuela who will see little if any benefit from Trump’s […]
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Jul 20, 2026 / Tyler Durden
US Gas Prices Cross Politically Sensitive $4 Level Closely Watched By Trump
US Gas Prices Cross Politically Sensitive $4 Level Closely Watched By Trump
The U.S. national average for a gallon of regular 87-octane gasoline has climbed back above the politically sensitive $4 threshold as U.S. military forces and Tehran enter a ninth day of tit-for-tat strikes. This level is significant because it is where fuel costs begin to alter spending and driving behavior among working-poor households, while also weighing more broadly on consumer sentiment, making it a key pressure point closely watched by the Trump administration ahead of the midterm...
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Aug 26, 2026 / Jason Ditz
Lebanon Accuses Israel of Scorched Earth Policy as Southern Forests Are Burned
Lebanon’s National Council for Scientific Research (NCSR) has issued a report that some 160 km² of land in southern Lebanon have been systematically burned by Israeli activity since 2023. This includes large amounts of farmland, but what is being called a “scorched earth” policy is increasingly including forests. Recent weeks have been punctuated by claims […]
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