Trump Says He’s Deciding Whether To Blow Up the ‘Entire Nation’ of Iran

The US has launched airstrikes in Somalia for three straight days this month as the Trump administration continues a record-shattering bombing campaign in the country that receives virtually no US media coverage. US Africa Command said in a press release on Tuesday that its forces launched an airstrike against al-Shabaab on July 5 in the […]

WTI Holds Losses As Crude Production Hits Record High, SPR/Cushing Near 'Tank Bottoms' Distillates have gone vertical again and physical markets remain incredibly tight, according to Goldman's Rich Privorotsky. Saudi’s East-West pipeline disruption forced the suspension of Yanbu loadings and cancellation of some European cargoes, with European physical crude trading north of $130 in places yesterday. Despite all that, there are reports of more visible signs of cargoes moving through the Strait. "Iraq's seaborne crude oil exports from its southern Gulf terminals averaged 3.16 million barrels/day in the first 10 days of September,...

Syria’s fuel price hike protests have persisted from Sunday into the heart of this week, and increasingly they are becoming full on anti-Sharaa regime demonstrations. Of course Sharaa – whose al Qaeda/ISIS name is Jolani – was never elected in the first place. Monday into Tuesday the protests have spread across multiple cities and governates, […]