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The Great Diesel Crisis - How Policy Choices Made The West Vulnerable
The Great Diesel Crisis - How Policy Choices Made The West Vulnerable
Authored by Daniel Lacalle,
How taxes, regulation, refinery closures, sanctions and declining domestic production turned a geopolitical shock into a diesel-price crisis
Do not blame diesel prices on the Iran war or the disruption of the Strait of Hormuz. The geopolitical risk premium attached to oil prices is relevant, but the market was already weakened by policy choices.
Europe has taxed motor fuels heavily, imposed escalating regulatory and carbon costs across the supply chain, closed refining capacity, sanctioned major sources of...
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May 14, 2026 / Tyler Durden
Netflix Sued By Texas For Allegedly Spying On Children
Netflix Sued By Texas For Allegedly Spying On Children
Authored by Mary Prenon via The Epoch Times,
Global video streaming service Netflix has been sued by the Texas attorney general’s office for allegedly collecting consumer data from children and adults without their knowledge or consent.
In a May 11 statement, Texas Attorney General Ken Paxton accused Netflix of spying on consumers by intentionally tracking and logging their viewing habits, preferences, devices, household networks, and other sensitive behavioral data.
The litigation claims that although the mega-entertainment platform purported to refrain from collecting or sharing...
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Mar 23, 2026 / Tyler Durden
OpenAI Lures Private-Equity Firms With 17.5% Guaranteed Returns As AI Rivals Race For Enterprise Deals
OpenAI Lures Private-Equity Firms With 17.5% Guaranteed Returns As AI Rivals Race For Enterprise Deals
OpenAI, the maker of ChatGPT, is offering private-equity firms a more generous financial package than rival Anthropic as the two artificial-intelligence companies court buyout shops to create joint ventures aimed at raising fresh capital and accelerating the rollout of enterprise AI products.
To lure PE firms, OpenAI is promising investors a guaranteed minimum return of 17.5%, a figure significantly above what is typical for preferred equity instruments, according to people familiar with the discussions who spoke...
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Apr 21, 2026 / Tyler Durden
"We're On Borrowed Time": Vitol LNG Chief Warns Of Coming Food Price Shock
"We're On Borrowed Time": Vitol LNG Chief Warns Of Coming Food Price Shock
Pablo Galante Escobar, the head of liquefied natural gas (LNG) at Vitol, warned the audience at the FT Commodities Summit earlier today that the "world is on borrowed time" and that the Gulf energy shock will develop into a food crisis unless LNG flows resume through the Hormuz chokepoint.
"We are on borrowed time. Every day this trade remains closed and every day production does not come back, we are building a problem for the future, and...
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