Chinese Containership Is First To Pay Iran For "Safe Passage" Through Strait As Iraqi Tanker Crosses With Signal Off

The Actual Problem With America's Energy Security Is Starting To Reveal Itself... Constellation Energy’s high-profile effort to revive one of the Three Mile Island reactor plants, now renamed the Crane Clean Energy Center, has run into a four-year-tall roadblock: the grid itself. The company had targeted a restart in the second half of 2027 to deliver roughly 835 megawatts of nuclear power to Microsoft data centers under a long-term agreement. Yet PJM Interconnection, the regional grid operator, reports full deliverability could take until 2031. The holdup stems from needed transmission upgrades. The $1 billion...

Supertanker Ablaze After Iran Attack In Hormuz As US Deploys 10K More Troops & Third Carrier To Mideast Update(1530ET): Iranians are apparently going back on the offensive, after it's been widely reported that US-protected oil transit through the Strait of Hormuz has been fast gaining steam. Iran state media says a supertanker is burning off the coast of Oman after coming under Iranian attack: Local sources reported that a 2.5 million barrel capacity supertanker that was traveling through the Strait of Hormuz illegally was hit 8 kilometers off the coast of Oman...

IAEA 'Unclear' On Iran's Nuclear Program As US, Europe Escalate At UN Security Council Western allies are pressing the International Atomic Energy Agency (IAEA) ‌board to bring a formal complaint and resolution before the UN Security Council and the General Assembly. Reuters reports Saturday that the US, UK, France, and Germany are behind the new pressure campaign, which hinges on a request that the nuclear watchdog's director general transmit the new resolution. The draft resolution, as seen by Reuters, calls on Iran to "urgently remedy ‌its non-compliance ⁠with its Safeguards Agreement by taking all steps...