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Bank Of England To Stop Selling 20- And 30-Year Gilts As Yields Soar

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Bank Of England To Stop Selling 20- And 30-Year Gilts As Yields Soar

The Bank of England ​is set to announce this week that it will stop selling long-dated government bonds which ‌have been hit by a global selloff in debt markets, potentially freeing up some cash for finance minister John Healey, the Telegraph reported adding that the BoE would say it would stop selling 20- ​and 30-year gilts.

The central bank, which already scaled back the sale of longer-dated gilts, is due to announce its plan for the pace of quantitative tightening on Thursday, alongside ​its latest interest rate decision.

A drone view of the Bank of England building in London, Britain, June 18, 2026. Reuters

Prices of 20- and 30-year gilts touched their lowest since 1998 (and yields inversely hit the highest) on Monday ​as part of a rout of government bonds around the world as the Iran war adds to inflation ​pressures and puts pressure on central banks to raise official borrowing costs.

Last year the BoE skewed sales away from long-dated gilts, and Deutsche Bank has said they could be halted altogether. A BoE survey published in July showed investors expected just over 15% ​of the central bank’s bond sales in the 12 months from September to be of longer maturity.

The ​Telegraph said halting longer-dated bond sales could save the government £2.5 billion a year by the end of the decade which ‌would be ⁠a boost for Healey as he prepares for the first budget statement of the government of Prime Minister Andy Burnham on October 28.

The BoE racked up £875 billion of government bond purchases between 2009 and 2021 as part of its emergency QE support for the economy. Since it stopped reinvesting maturing gilt proceeds in February 2022, the ​BoE’s bond holdings have fallen ​by over £400 billion, a ⁠third of it through active sales – unlike the Federal Reserve and the European Central Bank which allow the bonds they hold to mature but do not sell ​them.

Some investors have called on the BoE to halt sales but Governor Andrew ​Bailey has ⁠defended the program, saying it would allow for intervention in markets if needed in the future. 

The Reform UK party of former Brexit campaigner Nigel Farage has criticised the cost of the BoE’s QT programme. The BoE survey in ⁠July showed ​investors expected the central bank to slow the pace at which ​it reduces its bond portfolio to £50 billion in the 12 months to the end of September 2027 from £70 billion in the current ​12-month period.

Tyler Durden
Wed, 09/16/2026 – 02:45

Germany’s AfD National Support Hits Historic High; CDU Slumps To Record Low

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Germany’s AfD National Support Hits Historic High; CDU Slumps To Record Low

Via Remix News,

A new poll in Germany has delivered yet another shocking blow to the political establishment. The Alternative for Germany (AfD) has reached 30 percent for the first time while stretching its lead over the Christian Democrats (CDU/CSU) to 10 points, with the Union reaching a historic low of just 20 percent. In addition, another poll has also put the CDU even lower, at 18 percent.

According to the GMS poll, the governing black-red coalition of Chancellor Friedrich Merz’s conservatives and the far-left SPD would no longer command a majority. Compared with GMS’s mid-July survey, the Union lost three points and the AfD gained two.

“Important milestone cracked: With 30%, our AfD is now already 10 percentage points ahead of the Union! The citizens want the political change – and they will get it. Time for the AfD!” wrote AfD co-leader Alice Weidel on X.

A new YouGov poll released today has the AfD at 29 percent but the CDU is even lower, at 18 percent, an absolutely abysmal result for the paryt.

The numbers arrive days after the CDU’s heavy defeat in Saxony-Anhalt, where the AfD won 43.8 percent. Merz himself described the result as a shock for his party. “We are all deeply shocked; we did not expect such a result,” he said.

Personal ratings for the chancellor are equally grim. In a recent Insa survey, 78 percent of respondents answered “no” when asked, “Is Friedrich Merz (still) the right chancellor?” Only 14 percent said yes; 8 percent offered no opinion. Even among CDU voters, the picture is bleak for Merz: 58 percent opposed him and just 36 percent supported him.

Pressure inside the CDU is growing. Speculation about a possible change at the top has circulated for weeks, with North Rhine-Westphalia Minister-President Hendrik Wüst and Bavaria’s Markus Söder frequently named as potential successors. Söder, for his part, said the long-standing “firewall” against the AfD is not working.

“This ‘firewall model’ has failed,” he said.

Instead, he offered a different image:

“We in Bavaria see ourselves as a protective wall.”

He argued that simply isolating the AfD without confronting its arguments no longer works. Instead, he wants to confront the AfD on issues such as immigration.It remains to be seen how that is possible if the CDU keeps allying with left-wing parties.

However, it is important to note that Söder continues to rule out a cooperation or coalition with the AfD.

“Not talking about the content at all, putting them in a corner and cobbling together some majorities around them without addressing the issues. That is the wrong path,” he said.

AfD co-leader Alice Weidel, speaking after the Saxony-Anhalt vote, engaged in an intense debate with Merz in the Bundestag, saying, “The voters in Saxony-Anhalt have told you in the language of the democratic sovereign with all clarity: black-red is over.”

Merz has countered by calling the AfD a “destructive force” that “wants to destabilize our country.”

State elections in Mecklenburg-Western Pomerania and Berlin on Sept. 20 will put Merz’s CDU further to the test. Speculation is growing that if the CDU falters during those elections, enormous pressure will be placed on Merz and his role as chancellor could become untenable.

Read more here…

Tyler Durden
Wed, 09/16/2026 – 02:00

Amazon Says Cloud Infrastructure In Bahrain, UAE ‘Beyond Saving’

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Amazon Says Cloud Infrastructure In Bahrain, UAE ‘Beyond Saving’

Via The Cradle

Amazon Web Services (AWS) says it cannot restore access to its cloud-computing facility in Bahrain or one of three data-hosting zones in the UAE due to the extensive damage caused by Iranian retaliatory strikes, Reuters reported on 15 September.

“The damage to our infrastructure spanned multiple Availability Zones and exceeded what our regional and multi-AZ services are designed to withstand,” AWS reported in its status update seen by Reuters.

via Stars & Stripes

In the UAE, resources and data held exclusively within one zone, labeled mec1-az2, have been damaged beyond hope of recovery, the company said, as engineers are still salvaging what they can from the two other battered zones and across the wider Emirati region. 

An availability zone refers to a cluster of one or more data centers sitting inside the same geographic region, the structure AWS relies on to keep services running when a single site goes down.

The outages trace back to March, when the US and Israel attacked Iran, and Tehran responded with missile and drone salvos against Israel and Gulf states hosting US military bases. 

AWS confirmed at the time that two of its UAE facilities took direct hits, while a drone strike near one of its Bahraini sites left the infrastructure there destroyed.

Most Bahrain-based customers shifted their workloads elsewhere on AWS advice before the region went dark in April, but the company says it has now exhausted every option for recovering whatever was left behind.

The losses have called into question the resilience of the Gulf’s fast-expanding cloud and AI infrastructure. The UAE is already redrawing plans to war-proof a major AI data center project, weighing decentralized site building alongside underground and blast-resistant construction, and even equipping the data center itself with anti-air defenses.

Israel and the US have long ago transformed AI infrastructure into a weapon of war deployed extensively across West Asian theaters. 

Cloud platforms, data centers, and high-capacity computing systems now help store intelligence, process intercepted communications, analyze surveillance, and support military operations across West Asia, extensively so in Gaza and Iran. 

Iran maintains that data centers operated by US technology companies are not simply civilian facilities, but strategic assets supporting US and Israeli aggression, thereby making them legitimate targets for retaliation.

AI has become a central instrument of US and Israeli warfare across West Asia, embedded in how targets are chosen, tracked, and struck. 

Israel has weaponized AI platforms including automated targeting systems like The Gospel, Lavender, and Where’s Daddy? to harvest mass data, autonomously generate kill lists, and orchestrate systematic airstrikes and assassinations against Palestinians. 

Backed by corporate infrastructure like Microsoft Azure, which stored massive caches of intercepted Palestinian communications, the Israeli military has deployed AI-driven drone surveillance to track and assassinate Palestinians.

Iran Destroyed An Amazon Data Center In Bahrain

The US has run algorithmic warfare systems such as Palantir’s Maven to process satellite, drone, and radar intelligence, using machine learning to speed the production of targeting recommendations against Iranian forces.

More than 1,000 targets were designated within the first 24 hours of the war on Iran, one of which resulted in the massacre of at least 150 people, including at least 120 schoolchildren at the Shajareh Tayyebeh elementary school in Minab.

Tyler Durden
Tue, 09/15/2026 – 22:35

Syrian Protests Spread To Aleppo, Raqqa While Jolani Enjoys Red Carpet At Dubai Media Event

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Syrian Protests Spread To Aleppo, Raqqa While Jolani Enjoys Red Carpet At Dubai Media Event

Syria’s fuel price hike protests have persisted from Sunday into the heart of this week, and increasingly they are becoming full on anti-Sharaa regime demonstrations. Of course Sharaa – whose al Qaeda/ISIS name is Jolani – was never elected in the first place.

Monday into Tuesday the protests have spread across multiple cities and governates, including Raqqa in the east and Aleppo in the north.

Syria’s self-declared President at the Arab Media Summit 2026 in Dubai, United Arab Emirates, Tuesday.

Demonstrators have been burning tires, blocking highways, and confronting security forces after Damascus announced sudden massive increase in fuel prices.

A RESULT OF NEOLIBERAL SHOCK THERAPY in wake of CIA-ORCHESTRATED REGIME CHANGE

Sunday saw authorities raise diesel prices by up to 40% and petrol prices by 28%, after not just years but decades of government regulated price controls and subsidies. 

Already the country was smashed by proxy war and sweeping US-led sanctions, not to mention a decade-long US troop occupation of Syria’s oil and gas fields in the northeast, which strangled the population (as part of efforts to overthrow secular Ba’ath leader Bashar al-Assad). 

The West and Gulf powers then gave its backing to Jolani as self-declared president once Assad was ousted in December 2024. He had literally been a member of ISIS and was a founder of Syrian al-Qaeda (Nusra Front, later HTS). Washington, London, Riyadh, and Paris have embraced him – after they and their intelligence services basically put him in power.

When last month Washington finally lifted most sanctions on Damascus, the population hoped this might translate into the common people finally catching a break.

But alas, outrage is spilling into the streets over Jolani regime incompetence. 

Read: Prolific Recruiter Of Teenage Suicide Bombers Earns US Sanctions Relief, Days Before 9/11 Anniversary

Aside from the ISIS pedigree of the US-backed government in Damascus, one Syrian commenter has outlined examples of Jolani/Sharaa regime incompetence:

1) We have no Prime Minister – Al Sharaa is the de facto PM

2) There is no unified 3-5-10 yr strategy that drives how every ministry works.

3) This means each ministry working on its own. Yes ministers are checking with the presidency on the priorities and deliverables, but they are working with or cross referencing with the wider cabinet.

4) I dont think the ministers meet that often with the president (acting PM).

5) These alignment mtgs are integral. Syria must have a national strategy, with clear cut objectives & plans for every ministry, defining how they all work towards a common goal.

Some reports say the people are even calling for the return of Assad, echoed in popular street chants heard in some of the protests.

Other pundits have alleged violent tactics by security groups, including firing off live rounds to disperse the protests.

From Sunday:

DropSite: Residents blocking the Damascus–Aleppo international highway near Maarrat al-Nu’man, south of Idlib, on Sunday, as protests spread following government increases in fuel prices.

Protests in the east, nearly formerly US-occupied oil fields…

Where has President Sharaa been this week? He’s getting the red carpet treatment in Dubai for the “Arab Media Summit 2026”.

The following is deeply ironic as various places in Syria burn amid enraged demonstrations:

Al-Sharaa, who spoke at the summit’s “Syria of the Future” event, also met with Sheikh Hamdan bin Mohammed bin Rashid Al-Maktoum, Dubai’s crown prince, and Sheikh Ahmed bin Mohammed bin Rashid Al-Maktoum, Dubai’s second deputy ruler, who is also the chairman of the Dubai Media Council, according to the Syrian Arab News Agency.

Over a decade ago, Jolani’s al-Nusra Front was introduced to Syria and on the world stage via its squadrons of suicide bombers…

Should the protests and unrest persist into Friday, which is the Islamic day of prayer and the start of the weekend in the Middle East, the situation could explode. It doesn’t seem like Jolani has any answers or strategy at this point. Perhaps he’ll hang out in Dubai and with his royal Gulf backers a little longer.

Tyler Durden
Tue, 09/15/2026 – 22:10

US Energy Secretary: Saudi Pipeline Could Be Back In Service Within Days

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US Energy Secretary: Saudi Pipeline Could Be Back In Service Within Days

By Julianne Geiger of OilPrice.com

Saudi Arabia’s East-West oil pipeline could be back in service within days, U.S. Energy Secretary Chris Wright said Tuesday, offering the first relatively concrete timeline for restoring a route that had been moving 4 million to 5 million barrels per day around the largely closed Strait of Hormuz.

The 1,200-kilometer pipeline was shut after an attack last week damaged the system. Wright said Saudi officials were still assessing the damage, but expected repairs to be measured in days rather than weeks.

The East-West line has been carrying roughly 4% to 5% of global oil supply to the Red Sea port of Yanbu, giving Saudi Arabia an outlet while traffic through Hormuz remains severely constrained. The outage could last several weeks, according to earlier estimates, raising the possibility that export-ready inventories at Yanbu would soon be depleted.

Some of that disruption has already reached buyers.

Saudi Aramco has canceled or delayed late-September crude cargoes to several European refiners. Poland’s Orlen has been buying North Sea crude and seeking U.S. WTI Midland and Kazakhstan’s CPC Blend after Saudi deliveries slipped. No Saudi crude had departed Yanbu since September 11, according to Vortexa data cited by Argus.

Saudi crude supply had already fallen to 6 million bpd in August, down 2.3 million bpd on the month and the lowest level in more than three decades, according to the International Energy Agency.

The pipeline shutdown pushed crude prices higher again Monday and Tuesday, with Brent climbing above $108 per barrel as traders priced in another potential loss of supply.

Wright said Saudi Arabia is also trying to move more crude through Hormuz with U.S. military assistance.

A restart within days would restore one of the few high-capacity routes still available to move Gulf crude without relying on the Strait of Hormuz. It would also arrive before Yanbu inventories become the next constraint.

Tyler Durden
Tue, 09/15/2026 – 21:45

Saudi Coalition Intercepts Drone Headed Toward Mecca

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Saudi Coalition Intercepts Drone Headed Toward Mecca

Update(2145ET): Drone attack on Mecca from unknown location being reported overnight, though the Saudi coalition has been prompted to blame Yemen’s Shia Houthis:

Saudi Arabia and the Organisation of Islamic Cooperation have condemned what they described as a “heinous” Houthi attack targeting Mecca.

A Houthi official, however, rejected Saudi Arabia’s account that its forces had shot down a drone heading toward the holy city, calling the report “a worn-out lie.”- AFP

And emerging reporting via Al Jazeera:

The Saudi-led coalition spokesperson, Turki al-Maliki, said Royal Saudi Air Defence Forces intercepted the hostile drone before it entered the restricted airspace on Tuesday evening.

Al-Maliki condemned the incident as an attempt to frighten worshippers and harm civilians, warning that the security of the two holy mosques and pilgrims is a “red line”.

The Houthis have previously denied targeting Mecca, saying that they do not target holy sites.

via Reuters

Currently a number of fake or old videos are circulating; however, the Saudis are reporting the incident.

*  *  *

Israeli media on Tuesday is awash with reports that the Israeli government is now quietly providing intelligence to Saudi Arabia amid the raging fight with Iran-aligned Houthi rebels in Yemen.

The claims definitely ring true given Israel has long faced immediate threats out of Yemen, after earlier in the Gaza war Israeli territory suffered several Houthi ballistic missile hits, including near sensitive facilities like airports. Also, Saudi and Israeli-linked ships are effectively banned from Red Sea shipping amid Houthi attacks.

One Israeli report reads: “Israel and Saudi Arabia are engaged in direct dialogue facilitated by the United States Central Command over potential Israeli intelligence assistance to Riyadh against the Houthis, a regional diplomat told i24NEWS.” Jerusalem Post also says that the intel-sharing is already happening.

via Reuters

“The diplomat said the discussions are intended to strengthen Saudi Arabia’s ability to confront the growing Houthi threat, with Israel potentially supplying intelligence on the group’s military positions, weapons infrastructure and operational plans,” the report adds.

CENTCOM chief Bradley Cooper has been in Saudi Arabia, where a meeting with Crown Prince Mohammed bin Salman took place the past weekend. MbS has urgently requested military help from Washington and London. Only Britain is said to be mulling a new Yemen intervention on any serious level. Riyadh is also appealing to Egypt’s President Sisi.

The Times of Israel separately reports that “The goal of the contacts is to share Israeli intelligence that could help Riyadh defend itself.”

The kingdom has of late come under direct ballistic missile and drone attack, and is seeking to especially protect its oil infrastructure, amid efforts to bring the damaged East-West pipeline back online after what appeared to be drones out of Shia militias in Iraq.

Middle East Eye says Netanyahu is ready to once again press a multi-front war:

Israeli Prime Minister Benjamin Netanyahu has offered “Israel’s services” to countries in the Arabian Peninsula and has expressed a willingness to participate in a “comprehensive war” against Ansar Allah, the Houthi movement in Yemen, Lebanese media have reported.

The report, by Al-Akhbar editor Ibrahim al-Amin, said that Netanyahu was pressing Israel’s security establishment and military to prepare for possible action against Iran and Hezbollah.

Israel has already for months been pummeling south Lebanon, despite what’s supposed to be a ceasefire with Hezbollah, and has moved troops into occupy a ‘buffer zone’.

Amb. Huckabee is not too convincing…

Saudi-Israeli intelligence sharing would certainly be seen as provocative among Arab populations, including Saudi Arabia’s own; however, it was likely going on during the Syrian proxy war to oust Assad. Gulf-Israeli cooperation against the ‘pro-Shia axis’ also reached a peak during the last decade.

Tyler Durden
Tue, 09/15/2026 – 21:45

Tucker Carlson Sounds Alarm Over Trump’s Planned ‘Largest Transfer Of Ordinance In Modern History’

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Tucker Carlson Sounds Alarm Over Trump’s Planned ‘Largest Transfer Of Ordinance In Modern History’

After the US was essentially forced to conduct a major and rapid draw down of forces from the Gulf and Mideast region in the wake of Iran’s ‘unexpectedly’ large retaliation for Operation Epic Fury, it seems all that Washington is left to do is arm regional allies to the teeth and wish them the best.

Early this month the US approved two potential Saudi defense packages valued at a whopping $5.75 billion. The forthcoming deals will reportedly focus on transferring extended-range precision bombs and bolstering Abrams tanks in the kingdom.

Ironically this comes at a moment that Saudi-backed coalition forces in Yemen – with all its military tech – are getting rolled back by Ansar Allah fighters in sandals.

Getty Images

Naturally, next on the list comes Israel.

On Tuesday, over a week since the planned Saudi sale was reported, The Washington Post reveals the following:

President Donald Trump’s administration is planning to sell to Israel a munitions package worth $2.8 billion, which will include tens of thousands of highly destructive 2,000-pound bombs, according to a U.S. official familiar with the sale.

The planned sale, which has been informally communicated to relevant congressional committees who weigh in on large arms sales, includes 20,000 MK 84s and 20,000 BLU-117s, the official, speaking on the condition of anonymity, said.

WaPo calls the package “the largest” planned sale of 2,000 pound bombs to Israel in years.

Just prior to initial reporting of this dropping at around midday Tuesday, Tucker Carlson revealed on X: “According to an informed federal official, in the coming months the Trump administration plans to send a total of 40,000 Mark 84 and Blu-117 bombs to the government of Israel. Each bomb weighs 2,000 pounds. This appears to be the largest transfer of conventional explosive ordnance from the United States in modern history.”

Carlson put it in perspective in the following commentary:

How big is this shipment? It amounts to 40,000 tons of bombs. For perspective, the largest American air raid of World War Two was the Eighth Air Force’s attack on Berlin in March of 1945. Combined, the 2,023 Allied aircraft involved dropped about 3,000 tons of bombs. That’s 7.5 percent of what Trump is sending to Israel. That same month, March of 1945, the US Army Air Forces began the single most destructive bombing raid in human history, Operation Meetinghouse over Tokyo. More than 100,000 Japanese civilians were killed. By the end of that operation, the US had dropped 1,600 tons of bombs. That’s four percent of what Trump is sending to Israel. World War Two ended five months later, when the US dropped an atomic bomb on the city of Hiroshima. The shipment Trump is sending to Israel amounts to more than three times the destructive power of that nuclear explosion. There is no precedent for what the Trump administration is doing. Nor is there a justification. The government of Israel is not fighting World War Two, or even a war. It is engaged in periodic skirmishes with a guerrilla force in Lebanon, and it is working to exterminate an unarmed civilian population in Gaza. Neither front requires modern 2,000-pound bombs.

The former Fox host further warned this portends Israel could soon go even more ‘gloves off’ and unleash further hell on Gaza and Lebanon, or possibly even Iran – at a moment the US seems to be trying to find an exit from the hot phase of the conflict.

More from Carlson:

How did this happen? The request for 40,000 new high-explosive civilian-killing bombs originated at the US Embassy in Jerusalem, which is run by Christian Zionist Ambassador Mike Huckabee and his aide David Milstein, who is the stepson of Fox News host Mark Levin. From there it moved to the State Department, where Marco Rubio enthusiastically approved it. At this point, only four more people need to sign off before the bombs ship to Israel: Senators Jim Risch and Jeanne Shaheen, the chairman and ranking member of the Senate Foreign Relations Committee; and Congressmen Brian Mast and Gregory Meeks, the top two members of the equivalent House committee. All four are committed neocons. Collectively they’ve taken millions from the Israel lobby. In 2015, Brian Mast traveled to Israel to volunteer for the Israeli military. In 2023, Mast showed up in the House of Representatives wearing an IDF uniform. It’s hard to imagine any of them hesitating before sending more free bombs to Israel. Only public outrage can stop this.

Poll after recent poll has shown that by and large the American public is finally questioning Washington’s blank check approach to Israel.

DropSite: Carlson calls the taxpayer-funded, roughly $3 billion package “a gift” to a government “working to exterminate an unarmed civilian population in Gaza.”

And plenty of MAGA and conservative ‘influencers’ have called out Trump’s Israel policy as opposite America First. This as the Iran war is continuing to prove to be deeply unpopular. This also after over 70,000 people have been killed in Gaza. Israeli officials themselves openly admitted this figure.

Tyler Durden
Tue, 09/15/2026 – 21:20

“I Like Them”: Trump Weighs In On Flock Surveillance Cameras

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“I Like Them”: Trump Weighs In On Flock Surveillance Cameras

You know those Flock surveillance cameras everyone hates? Trump just came out in favor of them. 

A Flock camera monitors traffic in Quincy, Massachusetts. (Greg Derr/Patriot Ledger/USA Today Network/Reuters Connect)

Speaking with reporters on Sunday on Air Force One en route to Joint Base Andrews, Trump endorsed the AI-powered mass surveillance tool. 

“Speaking of [AI], Flock cameras. You haven’t talked a lot about these Flock cameras. A lot of law enforcement say they really help them. Would you be willing to back that?” a reporter asked Trump. 

“No, I sort of like them because of that, because of law enforcement. But some people don’t. They think it’s an infringement,” Trump replied, adding “I like them.” 

Trump previously said in August that he would make up his mind regarding Flock cameras “over the next couple of weeks,” telling the DCNF “You have pros and cons, right? It’s being studied right now.” 

As the Epoch Times notes further, in recent months, multiple cities across the United States have removed their Flock cameras, including Tempe, Arizona; Bellingham, Massachusetts; Cave Creek, Arizona; and multiple counties in Texas.

Earlier this month, the Dallas Police Department said the agency would shut down hundreds of Flock cameras in the coming days in response to a pause in funding.

Florida’s Department of Transportation, meanwhile, said in a memo that it would end its use of license-plate reading cameras, including those made by Flock.

More than 100 jurisdictions have canceled their contracts with Flock and other automated license plate reader providers, according to a database from the Institute for Justice, a nonprofit law firm that says it aims to end government abuse of power.

Flock CEO Garrett Langley has pushed back against the growing concerns about the cameras, saying that people should be worried about their privacy but added that the license plate-reading cameras can be used to promote safety.

“I value my privacy, my family values their privacy, my employees value their privacy, but what we’re talking about is safety as well,” he told Fox News in August. “When people talk about just one of these, privacy or safety, they’re prioritizing the wrong thing.”

“And what we have to prioritize as a country is compromise—when I think about legislation that calls for an outright ban, that’s like banning vehicles,” he said.

The issue has also become a midterm campaign target and has drawn scrutiny in Congress.

In Congress, Sen. Josh Hawley (R-Mo.) said he launched a probe into Flock cameras and demanded that Langley provide his office answers on safeguards to protect Americans’ data.

Earlier this year, Rep. Tim Burchett (R-Tenn.) introduced a measure in the House of Representatives, the “Protection Against Mass Surveillance Act,” that would bar federal agencies from using automated surveillance systems to track, record, and identify people. That includes automated license plate-reading systems like Flock.

Josh Shapiro, the Democratic Pennsylvania governor seeking reelection and considered a potential contender for the White House in 2028, said in late August that he would support a statewide ban. In early September, his Republican opponent, Pennsylvania Treasurer Stacy Garrity, said in a statement, “Flock cameras are an intrusive invasion of privacy and they should be banned.”

Zachary Stieber and The Associated Press contributed to this report.

Tyler Durden
Tue, 09/15/2026 – 20:30

Libya Threatens Force Majeure As Oil Guards Shut Fields

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Libya Threatens Force Majeure As Oil Guards Shut Fields

By Julianne Geiger, of OilPrice.com

Libya’s National Oil Corporation is threatening to declare force majeure after members of the security force assigned to protect the country’s oil infrastructure shut a pipeline valve and halted production at two fields.

Production has stopped completely at the Hamada and Tahara oilfields and at a pumping station after members of the Petroleum Facilities Guard closed a valve on the main Hamada-Zawiya crude pipeline, NOC said Tuesday.

The shutdown could spread.

The Petroleum Facilities Guard said it would impose partial production cuts for one week at several additional fields, including Wafa, Al-Khamsa and El Feel. A full shutdown would follow if its demands are not met.

The Guard wants to be transferred financially and administratively from Libya’s defense ministry to the National Oil Corporation and has called for a timetable to complete the move.

NOC said it could declare force majeure if the closed valve is not reopened or if similar shutdowns hit other oilfields.

Libya has been here before. Political groups, armed factions and workers have repeatedly used oilfields, pipelines and terminals as leverage since the 2011 uprising that toppled Muammar Gaddafi.

The latest disruption lands just as Libya is trying to push production much higher.

Output has climbed to roughly 1.4 million barrels per day, its highest level in more than a decade. NOC is targeting 1.6 million bpd by the end of 2026 and 2 million bpd by the early 2030s.

Getting there could require $36 billion to $40 billion in foreign investment, according to NOC Chairman Masoud Suleman.

International companies have already started moving back in. Libya signed exploration and production-sharing agreements this year with Repsol, Turkish Petroleum, Eni, QatarEnergy and MOL following its first major licensing round in 17 years. BP, Shell, Exxon and Chevron have also been pursuing a return.

NOC received a $2 billion allocation under Libya’s 2026 budget to support its production plans.

The problem is much older than the investment push: fields capable of producing more oil are still vulnerable to whoever controls the valve.

Tyler Durden
Tue, 09/15/2026 – 20:05

Israel & Saudi Arabia Engaged In Intel-Sharing Against Houthis, With Pentagon Help

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Israel & Saudi Arabia Engaged In Intel-Sharing Against Houthis, With Pentagon Help

Israeli media on Tuesday is awash with reports that the Israeli government is now quietly providing intelligence to Saudi Arabia amid the raging fight with Iran-aligned Houthi rebels in Yemen.

The claims definitely ring true given Israel has long faced immediate threats out of Yemen, after earlier in the Gaza war Israeli territory suffered several Houthi ballistic missile hits, including near sensitive facilities like airports. Also, Saudi and Israeli-linked ships are effectively banned from Red Sea shipping amid Houthi attacks.

One Israeli report reads: “Israel and Saudi Arabia are engaged in direct dialogue facilitated by the United States Central Command over potential Israeli intelligence assistance to Riyadh against the Houthis, a regional diplomat told i24NEWS.” Jerusalem Post also says that the intel-sharing is already happening.

via Reuters

“The diplomat said the discussions are intended to strengthen Saudi Arabia’s ability to confront the growing Houthi threat, with Israel potentially supplying intelligence on the group’s military positions, weapons infrastructure and operational plans,” the report adds.

CENTCOM chief Bradley Cooper has been in Saudi Arabia, where a meeting with Crown Prince Mohammed bin Salman took place the past weekend. MbS has urgently requested military help from Washington and London. Only Britain is said to be mulling a new Yemen intervention on any serious level. Riyadh is also appealing to Egypt’s President Sisi.

The Times of Israel separately reports that “The goal of the contacts is to share Israeli intelligence that could help Riyadh defend itself.”

The kingdom has of late come under direct ballistic missile and drone attack, and is seeking to especially protect its oil infrastructure, amid efforts to bring the damaged East-West pipeline back online after what appeared to be drones out of Shia militias in Iraq.

Middle East Eye says Netanyahu is ready to once again press a multi-front war:

Israeli Prime Minister Benjamin Netanyahu has offered “Israel’s services” to countries in the Arabian Peninsula and has expressed a willingness to participate in a “comprehensive war” against Ansar Allah, the Houthi movement in Yemen, Lebanese media have reported.

The report, by Al-Akhbar editor Ibrahim al-Amin, said that Netanyahu was pressing Israel’s security establishment and military to prepare for possible action against Iran and Hezbollah.

Israel has already for months been pummeling south Lebanon, despite what’s supposed to be a ceasefire with Hezbollah, and has moved troops into occupy a ‘buffer zone’.

Amb. Huckabee is not too convincing…

Saudi-Israeli intelligence sharing would certainly be seen as provocative among Arab populations, including Saudi Arabia’s own; however, it was likely going on during the Syrian proxy war to oust Assad. Gulf-Israeli cooperation against the ‘pro-Shia axis’ also reached a peak during the last decade.

Tyler Durden
Tue, 09/15/2026 – 19:40