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Saudis Cancel September Crude Cargoes To Europe As East-West Pipeline Shutdown Deepens Energy Crisis
Saudis Cancel September Crude Cargoes To Europe As East-West Pipeline Shutdown Deepens Energy Crisis
Summary:
Saudis Cancel September-Loading Crude Cargoes to Europe
Europeans are paying between $9-$11 per gallon for diesel amid Global Refining Crisis
Saudi Oil Routes Narrow: Kingdom Eyes Hormuz Export Surge After Pipeline Attack
Saudis Cancel September-Loading Crude Cargoes to Europe
"Refining is super short. Between Europe's woes, Russias war on Ukraine and a drop in refined products from the Arabian Gulf its really bad. As many of my amazing followers showed yesterday… Europeans are paying between $9-$11 per gallon for diesel," CNBC's...
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Feb 27, 2026 / Tyler Durden
Trump Orders Halt To 'Woke' Anthropic Technology Across All Federal Agencies
Trump Orders Halt To 'Woke' Anthropic Technology Across All Federal Agencies
Update (1603ET): An hour before a 5PM ET deadline, President Donald Trump directed 'EVERY Federal Agency in the United States Government to IMMEDIATELY CEASE all use of Anthropic’s technology," posting on Truth Social that "We don't need it, we don't want it, and we will not do business with them again."
According to Trump:
There will be a six month phase out period for agencies already using Anthropic products
If Anthropic isn't 'helpful' during the transition, Trump will pursue civil and criminal charges
Defense secretary Pete...
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May 6, 2026 / Tyler Durden
UBS Says Transport Stock Rout Is "Overdone" After Amazon News
UBS Says Transport Stock Rout Is "Overdone" After Amazon News
UBS senior analyst Tom Wadewitz, who covers freight transportation, told clients that Amazon's latest push to open its supply chain network to businesses beyond its own marketplace triggered an "overdone" sell-off in transport names, including UPS, FedEx, and C.H. Robinson.
Wadewitz said the risk is not new, noting that Amazon's supply chain service has been around since 2023. He said the pullback has created attractive entry points in select transport stocks, particularly UPS, FedEx, and C.H. Robinson.
"While we view AMZN's...
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Jul 16, 2026 / Tyler Durden
Iran Tells Houthis To Close Red Sea Energy Chokepoint If Trump Bombs Power Grid
Iran Tells Houthis To Close Red Sea Energy Chokepoint If Trump Bombs Power Grid
Yemen's Houthis have long warned of their ability to close the Red Sea oil route, but have by and large stayed on the sidelines of the expanding Gulf regional conflict which is focused on Iran since Operation Epic Fury began.
Things began changing dramatically this month, however, after Saudi warplane incursions into Yemen - which bombed Sanaa International Airport on July 13 - in an effort to prevent an Iranian commercial jet from landing there.
via Marine Insight
The...
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