Archive for the 'Economy' Category
Trump Claims Ukraine, Russia Have Agreed To Halt All Attacks On Energy Targets
September 14th, 2026Via: Via: ZeroHedge: Amid soaring national diesel products and painfully high prices at the pump, President Trump on Monday announced the Zelensky government has acceded to the US president’s prior call to abstain from attacking diesel infrastructure in Russia. He has unveiled what he’s presenting as a new Russia-Ukraine energy ceasefire. Trump says “Ukraine has […]
Saudi Pipeline Shutdown Crisis Deepens
September 12th, 2026Via: The War Zone: The pipeline was shut down a day after the Houthi rebels of Yemen increased their control over the crucial Bab al-Mandab Strait (BAM), a narrow body of water separating the Red Sea from the Gulf of Aden. Combined with Iran vastly curtailing shipping through the Strait of Hormuz, this gives Tehran […]
SAUDI EAST-WEST PIPELINE ATTACKED BY DRONES, BADLY DAMAGED
September 11th, 2026Via: ZeroHedge: Open source satellite imaging has shown the crucial ‘Hormuz bypass’ East-West oil pipeline that cuts straight across Saudi Arabia has been on fire. A some 80km to 100km giant smoke plume has been observed. The damaged section is said to be located near the town of Al Mesba’ah. Amid speculation that this is […]
U.S. Diesel Prices Top $6 a Gallon for First Time Ever
September 11th, 2026Via: OilPrice: The national average price for diesel fuel in the United States topped $6 per gallon for the first time this Thursday, adding to already considerable pain at the pump ahead of the November midterm elections. The data comes from GasBuddy, which said in a statement that “As diesel climbs, higher supply chain costs […]
Trump Offers $5000 Bribe to Americans to Vote for Republicans in Midterm Election
September 10th, 2026“Because of our tremendous strength and success economically…” With poll numbers in the gutter, President Trump seems to have moved to bribery for the upcoming elections — $5,000 for Americans if the Republicans win. Could the Democrats offer up $6,000 if they win? Could there be a bribery bidding war? Should Americans be bribed (with… […]
China’s Oil Scramble Sends African, Canadian, Latin American Crude Prices Soaring
September 9th, 2026Via: ZeroHedge: China, the world’s largest oil importer, is bidding up crude prices across Africa, Canada, and Latin American markets as disruptions in the Hormuz chokepoint and limited Iranian supplies intensify competition for alternatives. The scramble is squeezing smaller Chinese refineries that once relied on heavily discounted Iranian barrels, according to a new Bloomberg report.
U.S. Destroys Iranian Oil Tankers Near Kharg Island
September 8th, 2026Via: New York Post: American forces destroyed five Iranian oil tankers near Kharg Island and Jask on Tuesday as the US added military might to its economic squeeze of the Islamic Republic. US Central Command said in a statement that it carried out the strikes that downed five Iranian crude oil carriers in response to […]
Saudi’s Remaining Energy Lifeline To The World Under Threat After Successful Houthi Strikes
September 8th, 2026Via: The War Zone: Just hours ago, the Saudi Aramco refinery at Jazan on the Red Sea was engulfed in flames after a Houthi missile and drone attack. Strikes at the heart of the Saudi’s energy infrastructure on the Red Sea, which acts as the remaining primary lifeline of energy exports out of the region, […]
What REALLY Happened With the Missing Trillions?
September 7th, 2026Via: Corbett Report:
Alejandro Betancourt: Venezuelan Billionaire the U.S. Investigated for Money Laundering Now Has a Pentagon Oil Deal
September 5th, 2026Via: Reuters: The billionaire who helped broker the Trump administration’s sweeping long-term oil deal with Venezuela was until recently a target of U.S. money-laundering investigations involving funds embezzled from the state-owned oil company PDVSA. Now, after assisting U.S. authorities ahead of the capture ?of authoritarian leader Nicolas Maduro, Alejandro Betancourt is Washington’s key partner in […]
