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US To Loan Over 50 Million Barrels From Strategic Reserve To Ease Iran War Oil Shock

by Namrata Sen | May 12, 2026 | General

The Trump administration announced that it would loan 53.3 million barrels of crude oil from the U.S. Strategic Petroleum Reserve (SPR) to energy companies to counteract high crude oil prices amid the Iran war. The loan is part of a global agreement aimed at...
Stock Market Today: S&P 500, Nasdaq 100 Futures Drop As Trump Says Iran Ceasefire Is On ‘Life Support’—Zoominfo, Gitlab In Focus

Stock Market Today: S&P 500, Nasdaq 100 Futures Drop As Trump Says Iran Ceasefire Is On ‘Life Support’—Zoominfo, Gitlab In Focus

by Rishabh Mishra | May 12, 2026 | General

U.S. stock futures fell on Tuesday after Monday’s higher close. This followed President Donald Trump‘s sharp criticism of Iran’s latest response to a U.S. proposal aimed at ending the conflict, saying the ceasefire is now “on life support.” “I would call it the...
Apple And Google Finally Close SMS Security Gap As iOS 26.5 Brings End-To-End Encrypted RCS Messaging For Android And iPhone Conversations

Apple And Google Finally Close SMS Security Gap As iOS 26.5 Brings End-To-End Encrypted RCS Messaging For Android And iPhone Conversations

by Ananya Gairola | May 12, 2026 | General

Apple Inc.’s (NASDAQ:AAPL) latest iOS 26.5 update, alongside Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Messages, is beginning to roll out end-to-end encrypted Rich Communication Services, or RCS, messaging between iPhone and Android users. Sundar...
Chuck Schumer Sounds Alarm On Hantavirus Threat, Says Trump ‘Didn’t Learn The Lesson From COVID-19’

Chuck Schumer Sounds Alarm On Hantavirus Threat, Says Trump ‘Didn’t Learn The Lesson From COVID-19’

by Snigdha Gairola | May 12, 2026 | General

On Monday, Senate Minority Leader Chuck Schumer (D-N.Y.) called on the Trump administration to restore public health funding and rehire infectious disease experts following concerns raised by a recent Hantavirus outbreak warning. Schumer Calls For Public Health...

Trump’s Gas Tax Cut Could Backfire: Peter Schiff Warns Could ‘Weaken The Dollar,’ Sending Oil Prices Higher

by Badar Shaikh | May 12, 2026 | General

Economist Peter Schiff, who is also the co-founder of Echelon Wealth Partners, cautioned against eliminating the Federal gas tax on Monday, as it could weaken the dollar and lead to higher oil prices. Higher Oil Prices In a post on X, Schiff weighed in on surging oil...
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