Rheinmetall Crashes Most In Months After Guidance Cut (Again) On Military Ramp-Up Risk

The Washington Post spoke with US officials who said the Department of War is preparing for an invasion of Iran with American troops remaining on the ground for weeks.  US officials told the outlet that the thousands of soldiers and Marines arriving in the Middle East could be used in a ground invasion of Iran, […]

Nigeria Needs New Export Markets As UAE's Exit Rattles OPEC By Tsvetana Paraskova of Oilprice.com Nigeria should market its crude oil to new buyers as the UAE’s decision to leave OPEC is dislocating the balance that the cartel and the OPEC+ group have been seeking for years, according to Wole Ogunsanya, chairman of the Petroleum Technology Association of Nigeria (PETAN). The official urged Nigeria’s state oil and gas firm NNPC and other producers of Nigerian crude to tap new markets. “When OPEC gives you a quota, it’s left for you to find who...

COSCO Denies US Claims Its Container Ships Serve As Beijing's Global Spy Network China's state-owned shipping giant COSCO rejected a report published last week alleging that the company had concealed advanced surveillance equipment aboard its cargo ships to monitor US military communications near the coastlines of target nations, including the US. Reuters quoted COSCO on Friday as calling the allegations "totally unfounded" and false. What Reuters reported on Tuesday: The officials, who spoke on condition of anonymity to discuss the U.S. assessment of the Chinese program, said COSCO has a decades-long intelligence-collection partnership...