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At Least 64 Dead After Two High-Speed Trains Collide In Spain
At Least 64 Dead After Two High-Speed Trains Collide In Spain
Summary:Spain Train Collision Among Nation's Deadliest As Death Toll Jumps To 64 Two High-Speed Trains Collide South Of Madrid Death Toll Jumps The death toll from this morning's collision between two high-speed trains south of Madrid has risen to 64, Bloomberg reports, placing it among Spain's deadliest rail disasters. For context, the 2013 Santiago de Compostela derailment killed 80 people🇪🇸 Spain high-speed train crash devastation shown in aerial footage https://t.co/DRqMD6KOzA— Visegrád 24 (@visegrad24) October 28, 2026At Least 30 Dead After High-Speed Train...
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Mar 27, 2026 / Tyler Durden
$100 Oil Is Solving Russia's Budget Problem
$100 Oil Is Solving Russia's Budget Problem
Submitted by Charles Kennedy of OilPrice.com
Russia is getting an unexpected windfall from the war in the Middle East. The Kremlin’s oil revenues this month hit a four-year high as oil prices jumped to $100 per barrel amid the Iran war and the de facto closed Strait of Hormuz.
Moscow expects so much additional revenues from the oil price spike that authorities are unlikely to downgrade Russia’s economic prospects, hold off on planned budget cuts, and even boost military spending on the war...
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Jun 17, 2026 / Tyler Durden
"Zero Hormuz Dependency": UAE Races To Rewire Energy Flows, Bypassing Chokepoint Chaos
"Zero Hormuz Dependency": UAE Races To Rewire Energy Flows, Bypassing Chokepoint Chaos
The shuttered Strait of Hormuz is expected to reopen within days, though conflicting reports suggest the US-Iran memorandum of understanding could be formally signed as early as today, Thursday, or Friday. Either way, the interim peace deal appears likely to be signed within the next 48 hours, setting the stage for energy flows through the critical maritime chokepoint to begin normalizing, a process that could take many months.
The broader takeaway is that buyers of crude, refined...
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Feb 18, 2026 / Tyler Durden
Trump Unveils Japan's First Wave Of Mega US Investments: Oil, Gas, Minerals From Ohio To The Gulf
Trump Unveils Japan's First Wave Of Mega US Investments: Oil, Gas, Minerals From Ohio To The Gulf
Details of the much anticipated US-Japan trade mega deal have finally been revealed. First, Trump previewed in a Truth Social post on Tuesday: "Our MASSIVE Trade Deal with Japan has just launched!" He then boasted that "The scale of these projects are so large, and could not be done without one very special word, TARIFFS."
The total $550 billion commitment features Japanese plans to invest up to $36 billion in US oil, gas and critical...
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