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News & Articles By Sterling Ashworth
08/22/2026
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By Sterling Ashworth
Washington Eases Gasoline Rules as Iran Pressure Campaign Jolts Fuel Costs
Washington is tightening economic pressure on Iran while loosening domestic gasoline rules as U.S. drivers face pump prices above $4 a gallon, according to a report. The Environmental Protection Agency on Thursday authorized an early switch to winter-grade gasoline, allowing sales of 10% ethanol blends beginning September 1 instead of the normal mid-September seasonal transition, […]
08/22/2026
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By Sterling Ashworth
Coinbase CEO: Bitcoin “Very Likely” to Reach $400,000 by 2030
Coinbase Global Inc. Chief Executive Officer Brian Armstrong said Thursday, Aug. 20, that Bitcoin will “very likely” trade between $300,000 and $400,000 by 2030. Armstrong made the remarks during his appearance that day on Fox Business Network‘s “Varney & Co.” The projection came one day after President Donald Trump hosted crypto executives at the White […]
08/21/2026
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By Sterling Ashworth
Gold, Silver and Mining Shares Rally After Treasury Doubles Long-Dated Bond Buybacks
Gold, silver and mining shares rose Wednesday after the U.S. Treasury said it would at least double purchases of long-dated government debt, a move that pushed down yields and the dollar. Spot gold traded around $4,484 an ounce as of 10:25 a.m. ET, up 3.46% from Tuesday’s close, while silver gained 3.33% to about $65.44 […]
08/21/2026
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By Sterling Ashworth
£320 Billion Bill: The True Cost of Britain’s Clean Power Gambit
A new report states that the United Kingdom’s clean power program will cost £320 billion by 2030, according to the report’s authors. The program, led by Energy Secretary Ed Miliband, is intended to make the U.K.’s electricity system carbon-free by 2030. The report said the figure exceeds previous government estimates. The total includes wind, solar, […]
08/20/2026
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By Sterling Ashworth
Saudi Arabia Imposes New Restrictions on Bank Transfers to UAE, Report Says
Saudi Arabia has imposed new restrictions on bank transfers to the United Arab Emirates (UAE), according to a report by Middle East Eye published August 18, 2026 [1]. The measures, which tighten oversight of financial transactions between the two Gulf nations, mark the latest sign of rising tensions between Riyadh and Abu Dhabi, officials said […]
08/20/2026
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By Sterling Ashworth
Bitcoin Passes $68,000 After U.S. Treasury Doubles Debt Buybacks
Bitcoin rose above $68,000 on Wednesday, gaining nearly 3 percent in a 24-hour period after the U.S. Treasury Department announced it would more than double the size of its government debt repurchases, according to price data cited by Bitcoin Magazine. Bitcoin traded at $68,473 at 10:30 a.m. in New York after briefly touching $68,982, the […]
08/20/2026
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By Sterling Ashworth
U.S. Ground Beef Sales Decline as Prices Hold Near Record Highs, Data Show
U.S. ground beef sales volumes declined 0.3% in the 13 weeks through mid-July, according to data from Chicago-based market research firm Circana, as reported by Bloomberg. Volumes had risen about 5% during the same period in each of the previous two years. The drop occurred during the peak grilling season around Memorial Day and July Fourth, […]
08/19/2026
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By Sterling Ashworth
U.S. Quietly Builds New Energy Foothold in Iraq With LNG Terminal
The United States is establishing a new energy presence in Iraq through a project led by Excelerate Energy, a U.S.-based firm, to build the country’s first liquefied natural gas (LNG) import terminal. According to project details, the terminal will be located at the Port of Khor Al Zubair and is expected to begin operations in […]
08/18/2026
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By Sterling Ashworth
Bessent warns of “never-before-seen” economic isolation for Iran as U.S. blocks ports
Treasury chief announces new punitive measures Treasury Secretary Scott Bessent has warned that Washington will impose economic isolation on Iran “the world has never seen before,” according to a report from Middle East Eye published Aug. 14. The same report said the United States remains unable to break Iran’s grip on the Strait of Hormuz […]
08/18/2026
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By Sterling Ashworth
Iran Stands Firm on Strait of Hormuz as Trump Warns Americans of Higher Gas Prices
Iran’s Deputy Foreign Minister Kazem Gharibabadi said early Saturday that the Strait of Hormuz “will be opened and closed only under Iran’s command” and that Tehran would keep enforcing its blockade until Washington accepts “the reality of defeat,” according to his post on X. The statement reflected a broader Iranian calculation that military pressure can […]
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