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Trump Cites Progress With 'More Reasonable Regime' - Mulls Uranium Seizure Op; Bessent Says Will 'Retake' Hormuz 'Over Time'
Trump Cites Progress With 'More Reasonable Regime' - Mulls Uranium Seizure Op; Bessent Says Will 'Retake' Hormuz 'Over Time'
Summary
Iran rejects 'excessive, illogical' US demands while Trump mentions 'progress' with a 'more reasonable regime'. Trump again threatens to destroy Iran energy sites and Kharg Island.
White House seriously considering ground operation to seize Iran's enriched uranium stockpile but also wants Tehran to negotiate handing it over willingly. Bessent: US will 'retake' Hormuz Strait 'over time'.
Bazan oil refinery in Israel's northern city of Haifa is on fire after a second apparent Iranian missile strike of the...
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May 15, 2026 / Tyler Durden
US Industrial Production Surged In April
US Industrial Production Surged In April
Despite record low consumer sentiment (if you believe UMich), this morning saw the Empire Fed survey show New York state factory activity expanded in May at the fastest pace in four years, and firms grew more optimistic about the outlook.
That was followed by a much hotter than expected Industrial Production print (up 0.7% MoM vs +0.3% MoM exp and higher than the highest estimate) for April (and March's decline revised stronger), lifting annual growth up to +1.35% YoY...
Source: Bloomberg
April's gain for US industrial production was...
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Jun 2, 2026 / Tyler Durden
Britain's Nuclear Renaissance Faces Mounting Cost Pressures
Britain's Nuclear Renaissance Faces Mounting Cost Pressures
Authored by Felicity Bradstock via OilPrice.com,
Sizewell C and Hinkley Point C are expected to play a major role in expanding Britain’s nuclear generation capacity and reducing dependence on fossil fuels.
Both projects have faced concerns over delays and rising costs, with Hinkley Point C’s estimated price nearly doubling from its original forecast.
The U.K. aims to increase nuclear capacity to 24 GW by 2050, supported by large-scale reactors and emerging small modular reactor technologies.
The United Kingdom is focused on diversifying its energy mix away from...
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Apr 28, 2026 / Tyler Durden
The US Grid Wasn't Built For This
The US Grid Wasn't Built For This
Authored by Tejasri Gururaj via Interesting Engineering,
Global data center power demand is projected to hit 84 GW by 2027—a 50 percent jump from 2023 levels—with AI workloads accounting for 27 percent of that total, according to Goldman Sachs Research.
The grid is strained by increasing demand from electricity-hungry data centers and electric vehicles.Getty Images
The grid cannot keep up with AI. For decades, electricity demand grew slowly and predictably, giving utilities comfortable margins to plan capacity years in advance. That model broke almost overnight. Between 2023...
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