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Don-Roe Doctrine: Fall Of Maduro Sends US Oil Stocks Soaring

Brent crude futures were little changed early Monday following President Trump's special operation involving Delta Force commandos that removed socialist leader Nicolás Maduro from power in Venezuela.

While crude futures showed a muted reaction, U.S. energy equities surged in premarket trading, reflecting growing optimism that Chevron and Exxon Mobil are among the best positioned to lead a revival of Venezuela's oil industry under a new geopolitical framework, which we have described as Western Hemisphere defense, or what some in recent days have dubbed the "Don-roe Doctrine."

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Meet Mamdani's Biden Expats

Authored by David Dayen via prospect.org,

Last week, Zohran Mamdani was sworn in as the 111th mayor of New York City. This would have been scarcely thought possible just one year ago. The spirit with which Mamdani organized and beat an avatar of the state political establishment—twice—sustained progressives during the long winter of 2025 and provided some hope that charisma, expert use of modern communications, and a laser focus on the cost of living could produce a winning formula.

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Walz Drops Out Of Governor's Race Amid Somali Fraud Scandal

Update (0950ET):

The Wall Street Journal has confirmed our earlier report that left-wing Minnesota Gov. Tim Walz, embattled by alleged Somali-linked welfare fraud in his state, has ended his bid for a third term.

"As I reflected on this moment with my family and my team over the holidays, I came to the conclusion that I can't give a political campaign my all."

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Iran Protest Deaths Rise As Trump Warns Tehran It Could "Get Hit Very Hard" By US

Over the weekend as the world watched Trump's Venezuela intervention unfold, the Iran protests reached a full week. While AFP and others have reported in some locales clashes between demonstrators and police, which have after entering day nine have left 12 people dead, including members of security forces, it is clear that this wave of largely economic-driven protests have yet to reach the size of the 2022 'anti-hijab' protests.

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