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3d07/08

EIA: Crude Oil Inventories in US See Rare Build

Crude oil inventories in the United States saw a surprise increase of 3.0 million barrels during the week ending July 3, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The increase brings commercial stockpiles to 411.4 million barrels, according to government data, which are now 6% below the five-year average for this time of year. The EIA’s data release follows API’s figures that were released a day earlier, which reported that crude oil inven

◇ unclassifiedmiddle-east · russia · usa
3d07/08⚠ war-conflict · 3/5

TotalEnergies Eyes Offshore Exploration Deal in Syria

TotalEnergies is looking to discuss the potential signing of an exploration contract offshore Syria with officials in Damascus, the French supermajor’s chief executive, Patrick Pouyanné, said during a visit to the Middle Eastern country. “Syria's offshore area has never really been explored historically, so we have partnered with other companies to look into it. We will discuss it today with our Syrian counterparts to see whether we can move towards a contract,” Pouyanné told reporters, as carri

◇ unclassifiedmiddle-east · russia · usa
3d07/08⚠ war-conflict · 3/5

Trump Declares Iran Deal “Over” After Fresh Military Escalation

US President Donald Trump has said the deal with Iran “is over” following renewed fighting in recent hours. Speaking at the NATO summit in Ankara, Turkey, he also said that the Iranian leadership was “scum,” “liars,” and “cheats.” Trump was speaking after sirens wailed in Bahrain and Kuwait, where authorities said they were dealing with hostile strikes. The United States launched a new round of military strikes against Iran and revoked a key sanctions waiver covering Iranian oil sales after accu

◇ unclassifiedmiddle-east · russia · usa
3d07/08

Vitol Eyes Venezuela Expansion as Oil Industry Returns

Commodity trading major Vitol is planning to establish a presence in Venezuela amid a surge in interest in the country’s oil wealth from the resources industry, Reuters has reported, citing unnamed sources. Vitol is already exporting Venezuelan crude, following the deal that Caracas struck with the United States after the latter ousted the country’s president, Nicolas Maduro, in January and took him to the U.S. to stand trial for drug trafficking. Soon after that happened, Vitol and Trafigura st

◇ unclassifiedmiddle-east · russia · usa
3d07/08

Gambling fee

https://preview.redd.it/c63c3dde10ch1.png?width=1025&format=png&auto=webp&s=fef9cd469b5768ebedb3d438cd83572ced23f652 Hello everyone, I bought a 2-pack of Elfbar Pods and a beer at the kiosk around the corner at the weekend. Today I see two transactions from the kiosk in my online banking. The lower of the two bookings for €14.20 looks legitimate. Since I paid with Apple Pay, the transaction also appears in the Wallet app. Unfortunately I no longer have the receipt, but I do have the beer

Social◇ unclassifiedgermany · usa · europe
3d07/08

Alternative investment to expensive R+V insurance for retired mom

TL;DR: Mother (65, just retired) was sold an expensive unit-linked R+V pension insurance in 2022 (~2.7% costs p.a., current value ~€107,700). I'm thinking about terminating it and simply and cheaply switching the money into overnight money/fixed-term deposits + a small ETF share. Am I missing something? (Text is structured somewhat with LLM) About the person My mother is 65, recently retired, has a paid-off house and will soon receive a small statutory pension. Important for you: capital preservation,

Social◇ unclassifiedgermany · europe · uk
3d07/08⚠ war-conflict · 2/5

China eyes Russian submarine rescue expertise in Yellow Sea naval drills

Chinese and Russian military personnel will be put through their submarine rescue paces in naval exercises this week, with Beijing hoping to gain operational experience from its strategic partner as competition heats up beneath the seas. The Joint Sea-2026 exercise between the two navies began in the eastern Chinese port city of Qingdao on Monday, underscoring deepening military cooperation between Beijing and Moscow since the annual drills were launched in 2012. The exercise coincided with...

◇ unclassifiedchina · asia · russia
3d07/08⚠ war-conflict · 1/5

What is one year of my life actually worth?

Sorry, this will be a bit long: I, M44, am currently somewhere between Coast and Leanfire. As a result, I'm slowly having to seriously ask myself how much money I actually want to earn. If I just continued working full-time, conservatively I'd be in the Chubby FIRE range by the time I retired, but I don't actually need that much and the work is often quite annoying. [Here is the rough situation, if anyone is interested (otherwise please use this one

Social◇ unclassifiedgermany · europe
3d07/08⚠ war-conflict · 3/5

63 Million Barrels Of Crude Stuck At Sea As U.S. Pulls Iran Sanction Waiver

Iran was struggling to sell its crude to buyers in Asia outside China even before the U.S. rescinded overnight the sanctions waiver that allowed Tehran to sell its oil without penalties. The Iranian attacks on three commercial vessels in the Strait of Hormuz on Tuesday prompted immediate U.S. reaction with the U.S military striking multiple targets in Iran and the Treasury canceling the waiver on Iran’s oil sales that was supposed to be in place until August 21. Iran’s oil sales could be constra

◇ unclassifiedmiddle-east · russia · usa
3d07/08⚠ war-conflict · 1/5

“We hope for an upturn, we get social cuts” – the left wing of the SPD (Forum DL21) sharply criticizes the government’s new economic and social decisions

Hello everyone, Forum DL21 (the left wing of the SPD) has published a statement on the results of the coalition committee on July 2nd. The criticism of the government's economic and social policy decisions is quite drastic. Accordingly, business associations and the Union used the economic problems as a pretext for a “class struggle from above”. Here is an overview of the most relevant points of criticism: Labor market & employee rights: Criticize sharply

Social◇ unclassifiedgermany · usa · europe
3d07/08⚠ war-conflict · 3/5

Oil Prices Surge 6% Even as Tankers Push Through Hormuz

Thin tanker traffic through the Strait of Hormuz continued early on Wednesday despite the fresh flare-up in the Middle East, but more vessels appear to be reconsidering moving toward the chokepoint after the U.S. and Iran traded new attacks overnight. At the time of writing, oil prices had spiked 6% on fears of a significant disruption, with Brent futures trading at $78.58 and WTI futures climbing to $74.76. Six tankers were observed to be either completing or starting to move toward the Strait

◇ unclassifiedmiddle-east · russia · usa
3d07/08⚠ war-conflict · 2/5

Nato, Indo-Pacific 4 pledge defence, tech boost as deeper China-Russia ties spark alarm

Nato and its Indo-Pacific partners have pledged to expand cooperation in defence industry and advanced technology as the transatlantic security alliance boosts its military build-up in the face of deepening Russia-China ties. Secretary General Mark Rutte on Tuesday met with top officials from the Indo-Pacific Four (IP4) partner nations – Australia, Japan, New Zealand and South Korea – on the sidelines of the Nato summit in Ankara. The talks featured South Korean President Lee Jae Myung and...

◇ unclassifiedchina · asia · usa
3d07/08

How would you live a "boring" life for a few months to build up savings?

Half of 2026 has passed, and apart from some necessary extra expenses, I feel that there has been quite some lifestyle inflation for me that has resulted in me growing my savings by only about 1500€ over these 6 months. And more than 500 of it came from stocks growing anyway. Not only have I taken (past and upcoming in August) about 25 days of holidays in total, I have also splurged a bit on experiences and nice things, apart from going out etc. After my holiday in August, I'd like to return to

Social◇ unclassifiedeurope
3d07/08⚠ war-conflict · 3/5

Bahrain and Kuwait Restore Power After Iranian Attacks

Kuwait and Bahrain have started to restore power to residential areas following Iranian strikes on the two Gulf nations in retaliation for U.S. strikes on Iran in the latest conflagration in the Middle East that threatens to unravel the fragile truce. The fresh escalation of tensions also threatens the memorandum of understanding under which the U.S. and Iran committed to negotiations for a peace deal by the end of August, Iran to reopen the Strait of Hormuz, and the U.S. to lift its blockade in

◇ unclassifiedmiddle-east · russia · usa
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