Escalation On All Fronts As Mediators Say Iran Hasn't Requested Pause On US Energy Strikes

Standard Nuclear Slashes IPO Size As Nuclear Comps Collapse Standard Nuclear reset its IPO terms sharply lower as recent nuclear peers have watched their stock price crater after debuting on the public market.  The TRISO fuel manufacturing company originally targeted 18.25 million shares at $18-$21, for up to $383 million in proceeds and an implied valuation as high as $3.55 billion. It has now filed to sell 10 million shares at $15, raising $150 million with a fully diluted market value around $2.4-2.7 billion. The adjustment reflects cooling sentiment toward newer nuclear...

As recent history shows, there are few things more courageous for a president to do than face down the ever-accelerating, wealth-draining, conflict-amplifying warfare state in DC. Trump has decided to go in the opposite direction.

Saudis On Trump's Israel Normalization Demand: 'Tweets Don't Overturn Signed Deals' Update(1258ET): Saudi unnamed officials are pushing back, as expected... After President Trump earlier this morning in a Truth Social post asserted that the already signed US-Saudi nuclear deal would actually be conditioned on Riyadh joining the Abraham Accords, journalist Laura Rozen quotes an unnamed Saudi source who says Trump’s demand is too late. "It was signed. So nothing to renegotiate," the Saudi source says. "Tweets don’t overturn signed agreements." Is the 'civilian nuclear energy' deal already dead on arrival, even as it's...