Blotienso

America's dependence on Persian Gulf oil has never been lower:
U.S. crude oil imports from the Persian Gulf have fallen to about 500,000 barrels per day, nearing historic lows.
Imports from Saudi Arabia, Iraq, Kuwait, the UAE, Bahrain, and Qatar have decreased by 2.5 million barrels per day since the 2003 peak.
Just nine years ago, the U.S. received about 2 million barrels per day from this region.
Current import levels are only slightly higher than the COVID-19 pandemic shock in 2020 and the lowest levels of the 1980s.
Meanwhile, U.S. crude oil production has reached approximately 13.7 millio

BREAKING: IRAN HAS JUST BACKED DOWN. BUT DON'T RUSH TO CELEBRATE. 🚨
The Iranian president just APOLOGIZED to neighboring countries and said that attacks against them will STOP.
It sounds relieving. It sounds like de-escalation.
But read the fine print:
- Iran says it will cease attacking neighboring countries
- The Iranian president apologizes for unforeseen damages
- Gulf countries can finally breathe a sigh of relief
HOWEVER...
"UNLESS attacks originating from there target Iran"
Just that one line changed EVERYTHING.
→ The UAE still hosts U.S. military bases and conducts attacks on Iran
→

One of the most interesting aspects of exploring @mira_network is not the AI model itself, but the verification layer ( built around it.
AI can generate very convincing responses, but that does not mean they are always accurate. Therefore, separating the two layers—content creation AI and verification AI—is considered a very smart approach.
Instead of relying on a single model for verification, Mira Network employs a network of independent validators, each checking different claims or data points. Thanks to the consensus mechanism during verification, the system can significantly reduce AI

BREAKING: Kuwait has begun cutting production at its oil fields after running out of crude oil storage capacity, according to WSJ.
Details include:
1. Kuwait is discussing limiting production to only meet domestic consumption needs.
2. Sources say that a decision on widespread production cuts is expected to be made within a few days.
3. After halting production, restarting operations could take several days or even weeks.
4. Kuwait's oil production of approximately 2.6 million barrels per day appears to be at risk.
Oil storage tanks in Gulf countries are nearing maximum capacity.

BREAKING: U.S. oil prices surge above $86 per barrel for the first time since April 2024.
Qatar is currently warning that prices could reach $150 per barrel.