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First Two Ships Pass Through Strait Of Hormuz Since Ceasefire As Iran Demands Payment In Crypto

First Two Ships Pass Through Strait Of Hormuz Since Ceasefire As Iran Demands Payment In Crypto Last night we reported that no less than 800 ships were still trapped in the immediate aftermath of the US-Iran ceasefire agreement, unsure what the fine print of the deal meant for transits. This morning we are down to ~798, after the first two cargo vessels have crossed the Strait of Hormuz since the ceasefire, according to ship tracking data. The Liberia-flagged Daytona Beach, destined for the United Arab Emirates, crossed just before 8am UK time, while...
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May 24, 2026 / Tyler Durden
US Approves "Homing All The Way Killer" Missile Support Sale To Ukraine
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Jul 2, 2026 / Tyler Durden
NatGas, Nuclear, Coal Keep Nation's Largest Grid From Buckling Under Heat Dome
NatGas, Nuclear, Coal Keep Nation's Largest Grid From Buckling Under Heat Dome Summary: NatGas, Nuclear, Coal Power Generation Keep PJM Alive  First Day of Heat Dome Across Mid-Atlantic; Last Through Weekend  "Set Your AC To 78F": NYC Socialist Pleads With Residents As Fragile Grid Faces Blackout Risk GridStatus' website shows the PJM Interconnection under severe peak-demand stress as heat-driven cooling loads surge across the Mid-Atlantic and eastern U.S. PJM load is near 158 GW, net load is around 142 GW, and real-time power prices are sharply rising to about $929/MWh. The fuel-mix chart shows the...
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May 9, 2026 / Tyler Durden
Cameco Sees As Many As 20 AP1000 Nuclear Reactors On The Horizon
Cameco Sees As Many As 20 AP1000 Nuclear Reactors On The Horizon Cameco leadership recently made announcements during their 2026Q1 earnings call regarding an expectation that as many as 20 AP1000 reactors will be announced for construction with support from the Department of Commerce (DOC) and the Department of Energy (DOE).  Grant Isaac, the Chief Operating Officer and President of Cameco, provided some color on the call for the difference between the different department efforts and the stages of discussions under each.  We covered the announcement from the DOC at length last...
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