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ADNOC Reports 15 Vessel Attacks As Hormuz Risks Mount
Submitted by Julianne Geiger of OilPrice.com
Abu Dhabi National Oil Company said attacks on its vessels and employees are having a significant impact on operations as the company tries to keep crude, gas and refined products moving through the Strait of Hormuz.
Fifteen ADNOC vessels have been hit by missiles or drones since the war began, including three this week, the company said Friday. One crew member has been killed and 20 others injured.
The Strait of Hormuz carried roughly one-fifth of global oil consumption before the U.S.-Israeli war against Iran expanded into a broader regional conflict. Repeated attacks on commercial vessels have disrupted traffic through the waterway, driven freight costs sharply higher, and made some shipowners reluctant to enter the Persian Gulf.
ADNOC said it is working with authorities to protect personnel and assets while meeting customer requirements “as much as possible” in what it called an exceptionally challenging operating environment.
The attacks are hitting one of the few Gulf producers that has managed to restore exports close to pre-war levels. The UAE has relied on crude loading points outside Hormuz, including Fujairah, while continuing to move some barrels through the strait despite the security risk.
ADNOC is expanding its own shipping capacity even as those risks increase. Its logistics arm announced Friday that it had acquired six very large crude carriers and five very large gas carriers for about $1.3 billion.
Nine of those vessels are scheduled to enter service this quarter, with two newbuild gas carriers due in the fourth quarter. ADNOC Logistics & Services already owns more than 340 vessels and operates another 600 chartered ships.
The fleet additions are intended to support higher crude and LNG exports as ADNOC expands production and trading volumes. The company also ordered four new LNG carriers last month in a $900 million deal.
“Freedom of navigation and the safe, uninterrupted passage of commercial shipping through international waterways must be respected and protected,” ADNOC said Friday.
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DHS Hiring "Bounty Hunters" For Overseas Tracking Of Deported Migrants
The Trump administration is planning to hire private investigators to track down deported immigrants in their home countries, verify where they live, and deliver notices seeking payment of U.S. immigration fines, according to Wired.
The proposed program, budgeted at up to $9 million over two years, would cover countries including Mexico, Guatemala, and Honduras.
Rather than collecting money directly, contractors would be paid to confirm a person's location using evidence such as photographs of their residence, public records, utility bills, employment information, or other documentation accepted by the government. They would also hand-deliver notices listing any outstanding penalties.
Wired writes that the initiative comes as DHS says it has assessed more than $84 billion in civil immigration fines, including "failure-to-depart" penalties that can accumulate to hundreds of thousands—or even millions—of dollars. Although the administration has encouraged migrants to self-deport by promising to forgive many of these fines, legal advocates argue the new overseas tracking effort undercuts that message because some penalties can still remain.
Immigration attorneys and civil rights groups describe the program as a major expansion of enforcement, saying it targets people who have already left the United States and raises due process and privacy concerns. CBP, meanwhile, maintains that the effort is intended to enforce existing legal obligations and notify individuals of debts owed to the U.S. government.
Legal experts say the initiative represents a major escalation. NYU law professor Alina Das called it a "significant escalation in tactics," while attorney Charles Moore described it as "part and parcel" of the administration's broader immigration crackdown. Hasan Shafiqullah, who is challenging the fines in court, questioned the effort's purpose: "What’s the point of this?"
The proposal builds on ICE's growing use of private "skip-tracing" contractors inside the United States, extending similar investigative practices to people living abroad.
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Trump To Announce $180 Million Grants For Mining Industry
Authored by Emel Akan via The Epoch Times,
WASHINGTON - President Donald Trump is set to host a major mining industry roundtable on Friday at the State Department, bringing together nearly 200 business leaders, educators, and government officials to strengthen domestic mining companies.
President Donald Trump arrives to speak at General Motors proving ground, Monday, July 27, 2026, in Milford, Mich. AP Photo/Alex BrandonAt the event, the president is expected to announce over $180 million in grants to expand workforce training and trade programs for the mining industry, according to the White House. CBS first reported the plan.
The Department of Energy is launching a $100 million grant program to support scholarships and related initiatives. Universities, community colleges, trade schools, industry groups, and other partners will be eligible to apply.
Additionally, the military is providing over $80 million in funding to three universities for technology and workforce development programs. The recipients are the Colorado School of Mines, the South Dakota School of Mines, and Johns Hopkins University.
"The mining industry has never had a greater champion than President Trump," White House spokeswoman Taylor Rogers told The Epoch Times in an email.
"His unprecedented support has driven record investment, streamlined permitting, and delivered real results for American workers, companies, and communities. President Trump is the first president in decades to prioritize our country's mining industry, unleash its abundant resources, and build the next generation of American miners."
The meeting comes as the White House is working to reduce America's reliance on China for critical minerals and processed metals, which are essential for the U.S. defense and technology sectors.
Key cabinet members attending include Interior Secretary Doug Burgum, Secretary of State Marco Rubio, and Commerce Secretary Howard Lutnick. Industry executives from Resolution Copper, MP Materials, American Ocean Minerals, Ivanhoe, and Century Aluminum will also participate, according to the White House.
The new funding is expected to develop skilled workers and strengthen supply chains for the American mining industry.
Tyler Durden Fri, 08/07/2026 - 21:45