New York Post

Saudi Aramco CEO warns oil markets may not recover until 2027 due to Hormuz disruptions

May 12, 2026Right

"Reopening routes is not the same as normalizing a market that has been deprived of about 1 billion barrels of oil."

Read Full Story at Source

Compare Perspectives

Found 8 stories

Billionaire Tech Mogul Peter Thiel Warns Woke AI Company Anthropic Could Rig 2028 Election for Democrats

The Gateway Pundit

38 minutes ago

Billionaire Tech Mogul Peter Thiel Warns Woke AI Company Anthropic Could Rig 2028 Election for Democrats

Billionaire technology Peter Thiel warned that AI company Anthropic could use its technological advantage to influence the 2028 presidential election in favor of Democrats. The post Billionaire Tech Mogul Peter Thiel Warns Woke AI Company Anthropic Could Rig 2028 Election for Democrats appeared first on The Gateway Pundit.

Far Right

Read →

Fox host warns Trump will pay for his 'breathtaking' corruption

Alternet.org

3 hours ago

Fox host warns Trump will pay for his 'breathtaking' corruption

On Friday, Fox News host and political analyst Brit Hume offered a prediction that President Donald Trump is unlikely to appreciate. If the Democrats come out ahead in the midterms, the chief executive could find himself paying big for his "breathtaking" crypto corruption. Hume's forecast comes in the wake of the president's 2025 financial disclosures earlier in the week, which revealed that his family raked in a shocking $1 billion from its cryptocurrency ventures while Daddy Trump regulated the market. As Mediate explains, "The filing reported roughly $500 million in income from World Liberty Financial, the crypto company founded with his sons Eric Trump, Donald Trump Jr., and Barron Trump, along with approximately $635 million from sales of the $TRUMP meme coin through CIC Digital LLC. The disclosure also detailed hundreds of millions of dollars in income from Trump’s real estate holdings and millions more from licensing deals and other business ventures. The president made more than $2 billion overall."Another Fox News host, John Roberts, called the numbers "eye-popping," prompting Hume to respond, "It is, John, and I think the right word for this is unseemly, for a president to profit while in office.”He continued, "Now, it’s not fair to say that he profited from the office, although, you know, that’s surely gonna be subject to investigation — particularly if the Democrats get control of one or both branches of Congress. But, if you wanted seemliness in the White House, Donald Trump was not your man, and if you wanted a guy that wasn’t very rich in the White House, he wasn’t your man for that either. The fact is that he’s a very rich guy, and when you hold the kind of holdings he has, you do get richer. This amount from crypto seems breathtaking, but as the point was made by you and [Treasury Secretary] Scott Bessent, not illegal. So, the people that don’t like Trump won’t like this. The people that do like Trump won’t care very much, in my judgement."Hume is only partly true in regards to that last assertion. While much of MAGA has remained loyal to the president regardless of his financial improprieties, he's had pushback from some high-profile supporters. The New York Post, for example, which is typically complimentary toward Trump, declared that a recent story involving his sons' profiting off a Kazakhstan mining deal their father struck "stinks to high heaven." According to the Post, "The Lutnick [sons of Treasury Secretary Howard Lutnick] and Trump boys have been sloshing around in the muck since their dads came to power 18 months ago. They’ve profited handsomely from cryptocurrency deals while the government their fathers control were setting crypto policy.”

Left

Read →

The Race to Rescue 8,000 Sailors Still Stranded Behind Hormuz

Bloomberg Politics

4 hours ago

The Race to Rescue 8,000 Sailors Still Stranded Behind Hormuz

After more than 100 days trapped in the Persian Gulf, thousands of seafarers are still waiting for a chance to sail out of the Strait of Hormuz.

Center

Read →

Iran's control of the Strait of Hormuz remains a powerful bargaining chip

NPR Topics: News

4 hours ago

Iran's control of the Strait of Hormuz remains a powerful bargaining chip

Despite efforts by U.S. negotiators, Iran says it wants to charge a toll for ships to pass through the Strait of Hormuz. It's yet another unresolved issue of the U.S.-Iran war.

Center

Read →

Bannon warns the ‘old politics are gone’ amid Democrat socialist surge

BizPac Review

4 hours ago

Bannon warns the ‘old politics are gone’ amid Democrat socialist surge

Conservative commentator Steve Bannon weighed in on the stunning primary wins by far-left Democrat candidates, declaring that the country is entering a new era in politics. The […]

Far Right

Read →

Trump may weigh pardon for Diddy while granting clemency to pollution violators

The Hill News

4 hours ago

Trump may weigh pardon for Diddy while granting clemency to pollution violators

President Trump announced Friday that he has pardoned several people convicted in federal vehicle emissions cases and is reportedly considering pardons for celebrities, including for rapper Sean “Diddy” Combs. The president has not made a decision on Combs or other high-profile clemency requests, but he has discussed them privately in recent days, sources familiar with…

Center

Read →

Big Oil heads for biggest profits in years as Trump pushes for lower gas prices

New York Post

4 hours ago

Big Oil heads for biggest profits in years as Trump pushes for lower gas prices

President Trump is ramping up pressure on the industry to lower gas prices ahead of November’s midterm elections.

Right

Read →

BizPac Review

7 hours ago

Karoline Leavitt warns ‘full-blown Communist revolution’ taking place right NOW

White House press secretary Karoline Leavitt blasted progressive Democrats during an appearance on Fox News’ “Jesse Watters Primetime,” warning that they are pushing a “full-blown communist revolution.” […]

Far Right

Read →

Saudi Aramco CEO warns oil markets may not recover until 2027 due to Hormuz disruptions | ParallaxNews.io

Saudi Aramco CEO warns oil markets may not recover until 2027 due to Hormuz disruptions

Summary

Related Coverage

Daily Analysis

More Headlines From May 12, 2026

Saudi Aramco CEO warns oil markets may not recover until 2027 due to Hormuz disruptions

Compare Perspectives