EU Imposes Drastic Tariffs on Chinese Goods: Is A Trade War Looming?

Building Codes For Energy Conservation Can Increase US Home Costs By $14,000: DOE Authored by Naveen Athrappully via The Epoch Times, States that adopt the updated 2024 International Energy Conservation Code could see building costs for a typical single-family home go up by $14,000, the Department of Energy (DOE) warned on June 26. The International Energy Conservation Code (IECC) is a model code developed by the Washington-based International Code Council (ICC) for setting minimum energy efficiency requirements for commercial and residential buildings. While the ICC doesn’t mandate its code, states and local jurisdictions...

Qatar And Kuwait Restore 70% Of Pre-War Oil Exports Through Hormuz Authored by Tsvetana Paraskova via OilPrice.com, Qatar and Kuwait have managed to boost their crude oil exports from the Strait of Hormuz to 70% of pre-war levels as they followed the United Arab Emirates in shuttling oil through the chokepoint and using ship-to-ship transfers in the Gulf of Oman, anonymous traders told Bloomberg on Thursday. Before the Middle East conflict, Qatar and Kuwait collectively exported about 2 million barrels per day (bpd) of crude oil via the Strait of Hormuz. They don't...

The cost of the US war with Iran was not included in President Trump’s request for a massive $1.5 trillion military budget for 2027, according to a Pentagon budget official. “This budget was formulated, honestly, before we went into conflict with Iran,” Jules Hurst III, the Pentagon’s acting chief financial officer, told reporters on April […]