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"My life was cut in half," she told The Post. "You have the previous life, and then life post-Nova."

Russia Scrambles To Restore Fuel Supplies As Refineries Resume Operations

By Charles Kennedy of OilPrice.com

Amid the ongoing fuel crisis in Russia, authorities are rushing to ease concerns that the shortages are worsening.

Russia has been suffering from a gasoline and diesel crunch since the spring, when Ukraine intensified its drone attacks at Russian refineries, aiming to cripple fuel supply to the front lines and to the domestic Russian market.

The drone hits on refineries, including deep into Russian territory more than 1,000 miles from the border with Ukraine, have become a nearly daily occurrence.   

But Russia’s Deputy Prime Minister Alexander Novak, who is in charge of energy issues including Russia’s OPEC+ talks, sought to alleviate concerns on Monday.

Some oil refineries in Russia have resumed operations after repairs, which could soon raise supply on the domestic market, Novak told reporters today, as carried by Russian news agency Interfax.

“The current situation is constantly changing. Several refineries are already back in operation, therefore, we're expecting an increase in amounts of supplier taking into account logistics,” the official was quoted as saying.

“The situation is changing every day. We're constantly monitoring it and are making decisions at our headquarters. We're gathering the federal headquarters with the regions and all of our companies twice a week,” Novak said.

Russia has been scrambling to ease concerns amid the crisis that has seen fuel rationing in many regions, gas stations in big cities running out of fuel, and long queues at many gas stations.

Amid peak demand season, Russia has been suffering from gasoline and diesel shortages for over three months, as Ukraine’s drone campaign to strike Russian refineries forced many large processing sites offline in the spring and summer.

Russia has turned to South Korea and India for fuel imports as one or the other refinery is constantly out of service due to the Ukrainian attacks. 

Russia’s diesel and gasoil exports have crashed so far this month to the lowest in many years, as Moscow extended restrictions on diesel exports amid the fuel crisis. The lack of Russian diesel adds to Middle East supply disruptions to tighten the global middle distillate market.

Tyler Durden Mon, 08/24/2026 - 12:20

Iran blacklisted 45 tankers that purportedly violated its protocols when transiting the Strait of Hormuz, threatening to fine the vessels or confiscate their cargo if they did so again.

"A belt is cheaper than a new personality — and nearly as effective," he quipped. 

"A belt is cheaper than a new personality — and nearly as effective," he quipped. 

The 70-year-old also claimed that Panettiere's boyfriend Brian Hickerson's story about the Golden Globe nominee's timeline of death is "full of holes."

The 70-year-old also claimed that Panettiere's boyfriend Brian Hickerson's story about the Golden Globe nominee's timeline of death is "full of holes."

His comments come as the government urged TikTok and other social media firms to remove wrong-way driving videos.

The low-tech gold mine collapsed on August 18th in the village of Zamboye, in the Nana-Mambere prefecture. The death toll from the collapse in the western part of Central African Republic has risen to more than 100, and several survivors were critically injured.

“Cult of Kobe” is being produced by Religion of Sports, the Marina Del Rey-based company founded by Tom Brady, Michael Strahan and Gotham Chopra.

“Cult of Kobe” is being produced by Religion of Sports, the Marina Del Rey-based company founded by Tom Brady, Michael Strahan and Gotham Chopra.

Jet-Fuel Price Shock Hits Airlines As Raymond James Cuts Estimate Across Coverage, Warns Of JetBlue Bankruptcy Risk

As we've told readers, and as former Goldman commodities guru Jeff Currie explained last week, the energy crisis is not necessarily in Brent or WTI supplies, but in refined-product markets, given the diesel crack spread's jump above $100 a barrel last week. Early Monday, the spread was trading around $94.

The secondary effects of a global refined-products crisis are beginning to hit airline earnings, according to Raymond James analyst Savanthi Syth, who wrote in a note Monday morning that she is cutting estimates across her airline coverage universe as jet-fuel prices surge.

US Gulf Coast jet fuel prices have soared 39% quarter-to-date through Aug. 19, outpacing gains of 26% in Brent and 21% in WTI. The divergence reflects yet another rising cost for airlines already confronting higher labor costs, aircraft shortages, and operational disruptions.

"We are lowering estimates across our airline coverage universe primarily to reflect a higher jet fuel price forecast (2H26E/2027E/2028E increased by ~18%/14%/7%), partly offset at non-U.S. airlines by the somewhat weaker U.S. dollar against local currencies," Syth told clients.

She added, "We are also upgrading ALGT from Outperform to Strong Buy following the greater QTD pullback in shares (Exhibit 11) despite a constructive backdrop (ex-fuel), including Allegiant's idiosyncratic margin recovery levers, flexible capacity model, and now-enhanced scale following the Sun Country acquisition. Our ratings and revised target prices are summarized in Exhibit 1, while select KPIs and estimates are shown in Exhibits 8-10."

Syth's revised third- and fourth-quarter earnings estimates are now below Wall Street consensus for most major carriers. Her 2026 forecasts include a 51-cent loss for American Airlines, a $2.43 loss for JetBlue, and earnings of $5.75 for Delta, all below consensus.

So far, passenger demand remains robust despite higher fares this summer, but the latest data from the Transportation Security Administration shows early signs of weakening in late summer. 

TSA throughput data is down about 2.6% from a year earlier this quarter, compared with a 1.1% decline in scheduled seats.

JetBlue appears to be the weakest airline in her coverage. She maintained an Underperform rating, warning that a Chapter 11 restructuring may be the "more prudent" way to address the carrier's overleveraged balance sheet.

S&P 500 Airlines Index vs. Jet-Fuel Prices

The takeaway is that the refined-products crisis, which has pushed jet-fuel and diesel prices sky-high, will begin to weigh on airlines again just as demand weakens heading into the end of summer.

Tyler Durden Mon, 08/24/2026 - 12:00

New users can enter the bet365 bonus code at registration to claim $150 in bonus bets.

Are you (almost) ready for some (regular-season) football?

In a written decision Thursday, arbitrator Sarah Miller Espinosa said the WaPo “did not have good and sufficient cause” to fire Attiah and “violated” its labor agreement with the controversial columnist.

She's a longtime fan of the influencer-founded athleisure label.

Police used pepper spray to break up a chaotic fight on Saturday.

What Will Burst It: Ed Dowd Warns AI Is The Biggest Bubble Of All Time

Via Greg Hunter’s USAWatchdog.com,

Wall Street money manager and financial analyst Ed Dowd of PhinanceTechnologies.com made a name for himself during the dot com bubble.  It was not because he was telling people to buy, it was because he was telling investors to get out before it all blew up.  Dowd saved people a lot of money by sidestepping a crash. 

Fast-forward to today, and Dowd sees the same bubble signs in AI (artificial intelligence) as he did just before the Dot-com bubble blew up. 

This time around, it’s far worse.  Dowd says: 

“Being a student of history gives you an idea of where you might go in the future. 

Currently, we have the greatest bubble of all time, and that is the AI bubble. 

It is in the process of becoming exposed, and people are beginning to issue warning signals.  Lloyd Blankfein, the former CEO of Goldman Sachs, has issued a warning . . . about the AI risk.  He’s worried people are too concentrated in this trade...

First of all, there is not even enough power to power these data centers. 

That’s going to halt the CapEx (Capital Expenditure) on its own accord. 

There is so much capital that has to be raised that will compete with government debt, there will be a crowding out effect. 

The costs to finance this are going to keep going higher and higher, and this will cause some bankruptcies . . . and then it all unwinds.”

How bad does Dowd think this will get? 

Dowd says, “It would not surprise me to see a 40% to 50% correction at some point..."

"  Calling when that is going to happen is very difficult.  I don’t suggest anyone short the market, but it seems like we are getting closer to the end game when people are openly calling this a bubble. 

People say the bubble does not pop until everybody believes.  That’s not true.  There were plenty of people during the 2000 Dot-com bubble who knew it was a bubble. 

They actually played it, and the game was ‘get out before everybody else gets out.’ 

So, people know it’s a bubble.  The question is what will burst it? 

That is the credit markets and private credit, which has been a big source of funding for AI that is under stress.  There is a default cycle coming, and general backdrop of the real economy is quite weak. 

The consumer is not doing well.  Walmart just reported, and it had the lowest same store sales in six years...

The general population is not doing well, the housing market is rolling over, and we have the economic problems with China we have talked about before.  

So, it’s all conspiring to be a nasty correction.”

On top of that, Dowd, author of the popular book “Cause Unknown” (about the deaths and disabilities caused by the CV19 shots), has another big never-seen-before drag on the economy.  Dowd reports “US Disabilities Hit an All-Time High of 37 Million in July:  Up 23% Since Feb 2021.”  That’s when the CV19 injections rolled out.  Dowd says:

“This is a trend change.  I can confidently say a large percentage of that increase is CV19 vaccine related. 

This has been well documented, and it’s coming out more and more.  

I am just a stats guy showing the phenomenon. 

The science is coming in proving this is most likely the cause of this.”

When will this negatively affect the economy?  Dowd says, “It’s already affecting the economy.  When excess deaths and excess disabilities starting showing up, what did life insurers do?  They repriced their products higher.  So, the cost of healthcare insurance is going up for everybody.  More disabled means the system needs to spread that around.  This means higher prices for everybody.  Life insurance premiums are going up.  Health insurance premiums are going up.  Disability insurance premiums are going up.  It also affects employers, and it’s harder to find people.  The government will have to pay for disability. . .. It’s an economic drain and productivity suck. . .. This is just a disaster.  There are seven million additional disabled since 2020. . .. and the trend is still going up.”

There is much more in the 45-minute interview.

Join Greg Hunter of USAWatchdog as he goes one-on-one with money manager and investment expert Ed Dowd as he explains why the AI bubble is destined to pop.  Add this to the negative outlook written about in his report called “US Economy Outlook 2026.”

Tyler Durden Mon, 08/24/2026 - 11:40

Raiders running back Ashton Jeanty's injury isn't expected to be long-term.

Upgrade your chair without breaking your budget.