US Oil Premiums Hit Record High As World Scrambles For Crude

Target Hospitality Jumps As Data Center Boom Fuels Demand For Worker Camps Target Hospitality shares jumped in premarket trading after the company announced a new contract to provide mobile housing solutions and related hospitality services for workers at data center construction projects. The 48-month contract could generate upward of $750 million in revenue for Target Hospitality, which builds, owns, leases, and operates large temporary or semi-permanent "communities" for workers of major projects. The contract covers 3,370 beds. Historically, Target Hospitality generated revenue from energy, natural resources, and government-related customers, but since the...

An Al Jazeera correspondent based in Tehran reported “unprecedented” US-Israeli strikes on the Iranian capital on Monday despite President Trump’s insistence that progress was being made toward a diplomatic solution, a claim Iranian officials have rejected. The Israeli Air Force announced that it was conducting a “wave” of airstrikes across Tehran and that it bombarded […]

Meteorologists Sound Alarm Over El Nino Plume Racing Across Pacific Like "Freight Train" Meteorologists on X are once again warning about a powerful El Niño, pointing to a new plume of warm subsurface water moving across the Pacific "like a freight train." The latest water temperature data suggest that El Niño later this year could rank among the strongest on record, with potentially significant implications for the Lower 48. "Updated El Niño forecast for this summer/autumn is 'off the charts' EXTREME with 'boiling red' map colors along Equatorial central and...