Mexican authorities are preparing the launch of a $1 billion per year oil hedging program, and options trading consistent with such a giant trade. (Reuters)
A United States Department of State spokesperson confirms as accurate a story reported yesterday by the Financial Times, saying that Akhilesh Kumar, the captain of a tanker carrying Iranian oil that was captured in Gibraltar in July and since then released, was offered millions of dollars by U.S. official Brian Hook to change its course, so that it could be impounded on U.S. charges of "terrorism". (Hindustan Times)
A jury finds Max Harris, the creative director of the Ghost Ship warehouse in Oakland, California, not guilty on involuntary manslaughter charges in relation to a fire at the location in 2016, which killed 36 people. The jury fails to reach a verdict on similar charges for its leaseholder, Derick Almena, due to a hung jury. (CNN)