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‘American Pie’ star Shannon Elizabeth dishes on Simon Borchert divorce after joining OnlyFans
‘American Pie’ star Shannon Elizabeth dishes on Simon Borchert divorce after joining OnlyFans
Family hit by tragedy as trucker dad killed in first fatal lightning strike of the year
Critical Shortage Of Jet Fuel: EU Airlines Have Just 6 Weeks Supply Left
The European market is facing a critical shortage of kerosene, with only six weeks of supply remaining, and the war in Iran is threatening the continent with a major aviation crisis.
Since the war broke out, jet fuel prices have jumped 70 percent, threatening the financial health of European airlines.
The International Energy Agency (IEA) has warned that this scarcity may soon lead to widespread flight cancellations across Europe.
To combat the dwindling supply, the EU is reportedly developing an emergency plan to maximize refinery output and stabilize fuel distribution.
Fatih Birol, the director of the IEA, stated that these disruptions are a direct consequence of the ongoing blockade in the Strait of Hormuz.
He emphasized the gravity of the situation, warning: “The longer the blockade lasts, the worse it will be for world economic growth and inflation.”
The crisis is expected to move from logistical warnings to direct impacts on travelers, according to Berliner Zeitung.
Birol told the AP news agency, “We’ll soon hear that flights from City A to City B are being canceled due to kerosene shortages.”
Describing this as the most severe energy crisis of his career, he predicted rising costs for gasoline, gas, and electricity globally.
He noted that the primary victims would be poorer nations in Asia, Africa, and Latin America—the states “whose voices are least heard.”
Subsequently, before the crisis hits Europe and the Americas.
He specifically cited countries like Japan, South Korea, India, China, Pakistan, and Bangladesh as being particularly vulnerable.
The industry is already seeing significant fallout from these rising costs.
Lufthansa has announced that, with immediate effect, it will terminate the flight offer of its regional subsidiary, Cityline, and from Saturday, it will stop 27 older aircraft.
CFO Till Streichert explained that the current emergency is forcing the airline to accelerate restructuring plans that were already in the works.
According to the Berliner Zeitung, the airline cited skyrocketing kerosene prices and recent strikes as the primary drivers behind these drastic measures.
While only 10 percent of Europe’s oil comes through the Strait of Hormuz, 50 percent of its kerosene arrives from the region, meaning airlines are especially vulnerable.
Other authorities put this figure even higher, with the International Energy Agency (IEA) stating that the Persian Gulf normally accounts for approximately 75 percent of Europe’s net kerosene imports.
Airport operators are already calling the EU to take emergency measures, including a suspension of aviation taxes to ease the financial burden on airlines.
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Drought Engulfs 60% Of U.S. As Farmers Begin Spring Planting
A massive drought has emerged across large swaths of the US agricultural belt, threatening crops and livestock and eventually affecting food prices, at a time when fertilizer and diesel costs are soaring. As of early April, 60% of the Lower 48 is in drought as the Northern Hemisphere growing season begins and farmers begin plantings, according to NOAA.
The southern US is already experiencing severe, extreme, and even exceptional drought conditions, putting pressure on key crops such as sugarcane, rice, and peanuts, while fruit trees have also been damaged by extreme temperatures.
Across the Great Plains, otherwise known as the nation’s breadbasket, winter wheat farmers are being forced to decide whether to keep the struggling crop or cut losses and replant, with dry soil also making germination harder.
The drought also complicates matters for ranchers, as the nation's cattle herd is already at its lowest level since the 1950s. As a result, some ranches may further reduce their herds, which will only push beef prices to new record highs.
In the western US, the problem is not so much rainfall as shrinking mountain snowpack, which threatens irrigation supplies ahead of the growing season. Water-use cutbacks for agricultural purposes are already being discussed or imposed in places such as Washington’s Yakima Basin and along the Colorado River.
Related:
X user Tony Heller noted, "The US is facing a drought possibly similar to the drought of 1610, which wiped out the Jamestown Colonists."
The US is facing a drought possibly similar to the drought of 1610, which wiped out the Jamestown Colonists.https://t.co/3Iz9DZwLZv pic.twitter.com/8dyGFhaa0m
— Tony Heller 🇺🇸 🇯🇵 (@TonyClimate) April 13, 2026All bad news for food prices. Traders are piling into these agri ETFs: "Why The Fertilizer Crisis May Spark Record Inflows Into Agri ETFs."
Tyler Durden Fri, 04/17/2026 - 07:21Madison Air Pulls Off Biggest U.S. Industrial IPO Since 1999 As Data Center Cooling Theme Heats Up
Madison Air Solutions surged 18% in its IPO on Thursday after raising $2.23 billion, pulling off the largest U.S. industrial IPO in nearly three decades. Shares closed at $31.75, signaling strong investor appetite for an industrial name tied to the AI infrastructure buildout.
The Chicago-based company designs and manufactures ventilation, filtration, and cooling systems for data centers, semiconductor manufacturing facilities, life sciences buildings, and commercial buildings. Most importantly, investors care about MAIR because it sells liquid, hybrid, and air-cooling equipment for data centers, tying it directly to the AI buildout boom.
Data centers account for roughly 20% of MAIR's business. The company operates 30 brands and generated $3.34 billion in 2025 revenue, up from $2.62 billion a year earlier, though net income declined to $124 million from $236 million. Like many industrials operating in the US, it faces pressure from President Trump's tariffs, with imported metals adding more than $51 million in costs last year.
On Thursday, MAIR closed at $31.75, up from its $27 offering price, giving the company a $15.5 billion. In premakret trading in New York, shares are around $32.
Last year, in the data center cooling theme, we penned a note titled "A Chilling Opportunity" on data centers, highlighting UBS analyst Joshua Spector's bullish coverage of Chemours as being well-positioned in coolant solutions for data centers. Year to date, Chemours is up 94%.
Looking ahead, Goldman analyst Mark Delaney provided color on the data center buildout earlier today: "Datacenter capex from leading public hyperscalers is now approaching ~$700 billion, roughly 10x the level in 2020." This only suggests that as chip stacks get more powerful and demand for energy and cooling rises, companies like MAIR and Chemours stand to be key beneficiaries.
Tyler Durden Fri, 04/17/2026 - 07:20