Turkey's Fix For Its $20 Billion Hedge Fund Meltdown: Kindly Ask The Winners To Give The Money Back

Global Energy Demand Set To Jump 60% By 2060 As Developing Nations Power Up By Haley Zarmba of OilPrice.com Emerging economies are going to see an explosion of energy demand over the coming decades. Countries like Brazil, India, Nigeria, and Indonesia are racing to expand their energy production and imports in order to keep up with rapid economic development. While the leaders of these and other emerging economies are making a concerted effort to expand their renewable energy capacity, meeting demand will require an all-of-the-above approach to energy that will extend...

Pakistan Deploys Thousands Of Troops, Jet Fighter Squadron To Saudi Arabia Via The Cradle Pakistan has deployed 8,000 troops, a ​squadron of fighter jets, and an air defense system to Saudi Arabia under a mutual defense pact, Reuters reported on Monday, citing security and government officials. The officials described the Pakistani deployment as a "substantial, combat-capable force intended to support Saudi Arabia's military if the kingdom comes under further attack," Reuters wrote. Illustrative via Pakistan air force Pakistan's military cooperation with ‌the Saudi kingdom is expanding amid threats by the US and Israel to renew military operations against Iran,...

Diesel Crack Spread Explodes To Record As Wall Street Warns Of Refined-Products "Perfect Storm" Wall Street Warns About "Perfect Storm" Diesel Crunch:  Goldman's Daan Struyven Shows Global Diesel Exports Crashing Citi's Anthony Yuen Warns: Global Diesel Inventories "Below 5YR Minimum" BofA's Francisco Blanch Warns: "Diesel's Perfect Summer Storm" Unfolding  Jefferies' Sam Burwell Warns: Hormuz Shock "Manifesting Itself In Cracks, Not Crude"  Brent crude remains hostage to daily geopolitical developments in the Gulf region more than five months into the conflict, with muted traffic through the Strait of Hormuz (read the latest US-Iran wrap) constraining tanker flows and driving refined-product markets...