Trump Says ‘New’ Iranian President Requested Ceasefire, Tehran Denies Claim

First Loaded LNG Tanker Clears Hormuz; First Crude Supertanker Attempts Exit While all the attention has been focused on President Trump's national security team reviewing an Iranian peace deal that would end the two-month war and reopen the Hormuz chokepoint, while deferring nuclear negotiations to a later date, new vessel-tracking data show that the first loaded LNG tanker has exited the critical waterway since the conflict began, while the first loaded crude supertanker is also attempting to exit. "The first LNG shipment since the war in Iran began two months ago...

Young Americans Expect To Buy A Home Later In Life (Or Not At All) For decades, homeownership has been a key milestone of adulthood in the United States. In recent years, however, the middle-class ideal of homeownership and suburban comfort, once an embodiment of the American Dream, has gotten out of reach for many families, as elevated home prices, high mortgage rates and a period of stagnant real wages have left many families unable to even consider it. As Statista's Felix Richter shows below, only 25 percent of non-homeowners expect to buy a house...

"Emergencies" Requiring Coal Plants To Stay Open Need Not Be Imminent, DOE Tells Court By Ethan Howland of UtilityDive The U.S. Department of Energy’s secretary has broad authority under the Federal Power Act to declare emergencies to keep power plants from retiring, and those emergencies don’t have to be imminent, DOE told a federal appeals court last week in response to challenges over its orders keeping a Michigan coal plant online. “The statute’s text grants the Secretary discretion to determine that an emergency exists,” DOE said in a March 17 brief...