The energy crunch is forcing governments to adopt extreme measures to save fuel; in Thailand, government employees are being asked to take the stairs.
This morning, three vessels were struck attempting to transit the Strait of Hormuz. The Strait is effectively closed. Since the beginning of the conflict involving the United States, Israel and Iran on Feb. 28, 2026, oil tanker traffic through the world’s most critical oil shipping choke point has collapsed, dropping by more than 90%. Iran […]
In December 2025, the U.S. seized a sanctioned tanker flying the flag of Guyana, where it wasn’t registered. The vessel was, in legal terms, stateless.
Taking Pershing Square public may be his boldest step yet toward emulating Buffett’s playbook.
Should the Iran war drag on for even several more weeks, the damage to America’s fragile finances will prove substantial.
400mn barrels of crude made available as governments race to tackle energy shock