socotrine
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A 1.8 Million Barrel Gap: The Oil Shortage Just Turned Structural
The IEA’s August report widened 2026 demand losses to 1.6 million barrels a day and put the third-quarter supply-demand gap at 1.8 million barrels daily…
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62% Full and Rising Prices: Europe’s Gas Ledger Is Being Written Before Winter
TTF gas closed at €68.5 per MWh on August 24 — the highest since December 2022, more than double February’s low — while EU storage…
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Diesel Past a Hundred: The Crack Spread and the World It Moves
The American diesel crack spread has broken $100 a barrel for the first time on record, with diesel stocks at a thirty-year seasonal low. The…
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At the Border of Swallowing: One Antibody, Three Diseases, and a Trial That Landed
Tezepelumab met both co-primary endpoints in the Phase III CROSSING trial for eosinophilic esophagitis, holding gains to week 52 across 368 patients. The detail matters:…
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The Last Flight From the Old Harbor: A Satellite Route Gets Redrawn
A short post from the launch company’s vice president of launch marked the end of Florida’s satellite-broadband flights on the workhorse rocket — seven years…
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One Coastal Road, Two Fires, and the Mudslide Waiting for Winter
Two wildfires have burned more than 40,000 acres in Monterey County and closed 45 miles of the Pacific Coast Highway. On the map, the highway…
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The Map Says Succession; the Ground Says Maturity
A founder who built one of China’s major automakers stepped back from the chairman role on August 18, becoming honorary chairman for life, with the…
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The Quietest Hurricane Season in Memory, and Why It’s No Comfort
Only five weak named storms and an ACE index about 90% below average — the Atlantic is on track for a historically quiet hurricane season.…
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Rates Up, Ports Jammed: The Map Has Already Changed
The SCFI rose for a fourth straight week to 3,409.63 points while global port congestion passed the pandemic peak at 4.3 million TEU. The shipping…
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In Vienna, the Thermometer Hit 41.2°C and Nobody Had a Word for It
Austria set a national heat record twice in two days — 41.0°C, then 41.2°C — as 92 of 259 stations hit all-time highs. Western Europe’s…