Futures Slide As Oil Jumps On Ceasefire Setbacks, Nasdaq In Danger Of Ending 13-Day Streak Futures are lower, but well off session lows,after a weekend of chaos in the Strait of Hormuz cast doubt over US-Iran peace talks ahead of Tuesday’s ceasefire expiration. On Saturday, Iran said the Strait will be closed until the US […]
UK PM Starmer Faces “Judgment Day” Over Epstein Pal Mandelson’s Appointment UK Prime Minister Keir Starmer is preparing for a showdown with the senior official he fired over the appointment of Peter Mandelson as US ambassador, as calls for the prime minister to resign grow. The controversy stems from Starmer’s decision to appoint veteran Labour politician
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Xi Urges Immediate Opening Of Hormuz Strait For First Time, In Call With Saudi Crown Prince China’s President Xi Jinping on Monday demanded the uninterrupted passage of vessels through the Strait of Hormuz in a phone call with Saudi Arabia’s Crown Prince Mohammed bin Salman, state news agency Xinhua reports. He urged the normalization of
Psychedelic Stocks Soar After Trump Order; RBC Says Commercialization Path Could Accelerate Psychedelic drug stocks soared in premarket trading in New York after President Trump signed an executive order aimed at accelerating research and expanding access to therapies used for post-traumatic stress disorder (PTSD). “The executive order I’m signing, we’re actually signing the executive order
Powerful 7.5-Magnitude Quake Hits Northern Japan, Triggers Tsunami Warnings A powerful and shallow 7.5-magnitude earthquake struck off Japan’s northeast coast, triggering a tsunami at Kuji Port in Iwate Prefecture. Public broadcaster NHK initially warned that a tsunami up to 10 feet high was expected to hit the Iwate area on Honshu’s main island. However, so
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From Leverage To Liability: The Hormuz Strait Is Now Iran’s Biggest Weakness Authored by Daniel Lacalle, For half a century, the Strait of Hormuz was Iran’s weapon. Today, it is its noose. The mathematics of energy have flipped, and with them the balance of coercive power in the Persian Gulf. Iran’s implicit deterrent was geographic,
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These Are The Countries Building The Most Nuclear Power China is set to become the world’s dominant nuclear power producer. Based on existing and planned projects, its total capacity could reach nearly 186 gigawatts, far surpassing the U.S., which currently leads globally. This shift reflects a broader push to secure reliable, low-carbon energy as electricity
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Europe Faces Summer Jet Fuel Crisis As Iran War Slashes Supply Authored by Tsvetana Paraskova via OilPrice.com, Europe faces an imminent jet fuel crisis as the Iran war and Hormuz disruption cut off key Middle Eastern supplies. Long-term refinery closures and rising import dependence have left Europe highly exposed, with limited alternatives and growing competition
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Europeans Pay The Most For Public Transport Creating and maintaining reliable, efficient and affordable public transportation networks is crucial for developing a more sustainable mobility sector worldwide, though challenges vary by region. In Europe, gaps are most evident in rural areas, where low population density limits service frequency. In North America, many cities also suffer from fragmented
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Cracks Appear In Climate Consensus As Germany’s Energy Minister Admits Renewables Are Ruining The Country Authored by Tilak Doshi, When Simon Wakter, Political Adviser to Sweden’s Minister for Energy, posted on X last Wednesday with a simple “Wow, incredible article” and a clapping emoji, he captured the shock rippling through Europe’s energy commentariat. The target of his