US Pilot Suffered Shrapnel Wounds After F-35 Hit Over Iran

"Resurgence Of Electrification": Goldman Says EV Demand Gaining Momentum Amid Fuel Price Shock There were early signs during the third week of the U.S.-Iran conflict that EV demand was gaining traction in Asia, where the energy shock has been felt the hardest. That was followed by a separate note earlier this month confirming that EV demand was beginning to reaccelerate. Now, Goldman analysts led by Kota Yuzawa see global EV demand gaining momentum after several years of muted demand, as the fuel-price shock at the pump pushes consumers back toward EVs. Yuzawa...

"Closely Monitoring The Situation": Germany Fears Next Migration Wave After Spanish PM Welcomes Hundreds Of thousands Of Illegals Via Remix News, With Spanish Prime Minister Pedro Sánchez legalizing what could amount to as many as 1.6 million migrants, other EU member states are getting worried, and not just neighboring France. While the Socialist prime minister’s announcement originally aimed to naturalize some 500,000 migrants by handing them residency permits and work permits, German authorities estimate that there could be as many as 850,000 applicants in Spain, writes Bild. Leaked internal Spanish police documents have already...

WTI Holds Rebound Gains As US Fuel Exports Hit Record High, Production Dips, Huge SPR Drain Oil prices are lower overnight (but dramatically off their lows) amid on-again, off-again optimism of an imminent US-Iran peace deal. Benchmark Brent fell as much as 12% to $96.75 a barrel in London, while West Texas Intermediate dropped up to 13%. European natural gas plunged as much as 14%. Oil and gas later pared about half of those losses after Trump said in a Truth Social post on Wednesday that if Iran doesn’t agree, “the bombing...