Iran Oil License Expires August 21 Absent A Renewal
X reads General License X as surrender or a secret deal; the OFAC page granting it sets its own expiry, August 21, 2026, after which the lane closes unless Treasury renews it.
Priya Sharma
Bureau: Delhi
Oracle Capex Outruns Its Operating Cash Flow In Fiscal 2026
X cites Oracle's $638B backlog as proof the AI buildout cannot lose; EDGAR shows fiscal-2026 capex of $55.7B against $32.0B of operating cash flow, so free cash flow went negative.