Article
Iran Carves Out Strait Of Hormuz Exemptions For China, India, Iraq, Qatar
Iran Carves Out Strait Of Hormuz Exemptions For China, India, Iraq, Qatar
In a significant albeit underreported development for global energy, and for the US-Iran standoff in the Persian Gulf, Iranian parliament has this week announced it is exempting several key trading partniers from its oil transit restrictions in the Strait of Hormuz.The move was first unvieled Tuesday by Ahmad Hayat-Moghaddam, Vice Chairman of the Iranian Parliament’s National Security and Foreign Policy Committee, at a moment Iranian export flows are struggling under the many months-long US naval blockade of the...
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Jul 26, 2026 / Tyler Durden
Russia Blasts Ukrainian Drone Mass Casualty Attack On Holiday Camp In Zaporizhzhia
Russia Blasts Ukrainian Drone Mass Casualty Attack On Holiday Camp In Zaporizhzhia
Russia has blamed Ukraine for a mass casualty event at a 'holiday camp' in the partly Russian-controlled Zaporizhzhia region on Saturday.
Local Russian officials overseeing Zaporizhzhia have said twelve people were killed and at least 19 more wounded due to a major Ukrainian drone attack. Ukraine did not immediately issue any statements acknowledging the deadly strikes.
Via Sputnik
Russian Foreign Ministry spokeswoman Maria Zakharova stated that "Striking civilians is the method used by terrorists" in a press briefing.
ABC News later reported that "Four children were among...
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Jun 2, 2026 / Tyler Durden
Iran Sends Missiles, Drones Targeting Airbases Across Gulf After US Nighttime Attack On Qeshm Island
Iran Sends Missiles, Drones Targeting Airbases Across Gulf After US Nighttime Attack On Qeshm Island
Summary:
Two bases come under fresh missile attack in Kuwait, Fars and Reuters report. Iran state media says retaliation for night US attack on Qeshm Island.
Explosions & air raid sirens also being reported in Saudi Arabia, UAE, and Bahrain. It seems that war is popping off once again.
rump insists reports that Iran & US have not been talking for days is 'fake news'; Rubio also tells Congress talks are ongoing, despite fresh Iranian denials, and even...
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Jul 3, 2026 / Tyler Durden
First $1 Billion, Now $50 Million: Khanna Says Wealth Tax "Must Not Stop At Billionaires"
First $1 Billion, Now $50 Million: Khanna Says Wealth Tax "Must Not Stop At Billionaires"
Rep. Ro Khanna (D-CA) - fresh off endorsing California's November ballot measure to seize 5% of billionaire wealth - published a Substack essay Wednesday titled, no really, "Why I Support a Billionaire Wealth Tax."
He makes it roughly a dozen paragraphs before explaining that it isn't one.
"The tax should not stop at billionaires, it must reach centimillionaires," Khanna writes, before spelling out exactly what that means: every fortune of $50 million and up, hit with a...
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