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06.04.26 - 14:30
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Hormuz Sees 15 Ships Transit In 24 Hours As Two Tankers With Qatari LNG Make Sudden U-Turn (ZeroHedge)
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Hormuz Sees 15 Ships Transit In 24 Hours As Two Tankers With Qatari LNG Make Sudden U-Turn
President Trump on Sunday warned Tehran to "Open the Strait" and make a deal by the end of Tuesday, or the U.S. military would "blow everything up" and "take over the oil." Meanwhile, Iran rejected Trump's ultimatum to reopen the Hormuz chokepoint, saying it would only reopen the critical waterway once damage from the war is compensated.
There was some good news overnight after Iran's semi-official Fars News Agency reported that 15 vessels had passed through the Hormuz chokepoint over the last 24 hours. Still, that remains only a tiny fraction of pre-conflict tanker traffic.
Separately, the Islamic Revolutionary Guard Corps Navy warned that the waterway will "never return to its previous condition," particularly for the U.S. and Israeli-linked vessels, and added that it is completing preparations to enforce a new security order across the Persian Gulf.
The quest...
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03.04.26 - 02:57
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DOJ Sues New Jersey Town Over Natural Gas Ban (ZeroHedge)
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DOJ Sues New Jersey Town Over Natural Gas Ban
Authored by Naveen Athrappully via The Epoch Times (emphasis ours),
The Department of Justice (DOJ) filed a lawsuit against Morris Township in New Jersey over its ban on natural gas and other fossil fuels in newly constructed buildings, the department said in an April 1 statement.
Blue flames from a gas stove at a home in Arlington, Va., on May 3, 2023. Olivier Douliery/AFP via Getty Images
The ban “drives up energy costs for everyday American consumers and weakens our Nation's energy dominance,” the DOJ said.
“Such policies reflect a radical left effort to outlaw federally regulated gas stoves, furnaces, water heaters, dryers, and other appliances that American families rely on daily to cook their meals and heat their homes.”
The lawsuit, filed on March 31 at the U.S. District Court for the District of New Jersey, takes issue with an ordinance the township passed in 2022.
The ordinance said that beginning Sept. 1, 2022, officials shall no...
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02.04.26 - 22:36
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Three LNG Tankers Are First To Cross Strait Of Hormuz Since War Started (ZeroHedge)
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Three LNG Tankers Are First To Cross Strait Of Hormuz Since War Started
While a growing number of ships have been traversing the Strait of Hormuz, with Lloyd's List reporting a total of 142 vessels have transited since the start of March, but 67% of that traffic has a direct affiliation with Iran... and the figure rises to 90% when looking at traffic in recent days, as some ships have had to pay fees in yuan or cryptocurrencies before being escorted through the strait...
IRAN'S TOLL SYSTEM IS NOW LIVE IN THE STRAIT OF HORMUZ
In the last 24 hours, around 10 ships have made it through.
Here's how the system works:
The IRGC is running an informal checkpoint inside the Strait.
1. Ships submit cargo and vessel details through intermediaries
2.… https://t.co/Q21S0gN0Zm pic.twitter.com/PrSDQpKo3R
— Milk Road Macro (@MilkRoadMacro) April 2, 2026
... one vessel class that has so far failed to make the key crossing are LNG-carrying VLCCs, which are critical to ease the Asian nat gas supply cru...
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