Iran’s Parliament Speaker Says US Violating ‘Three Clauses’ of Tehran’s Ceasefire Proposal

"Closing The Nuclear Fuel Cycle" - Newcleo's $780M War Chest And Oklo Partnership Fuel $2.4B SPAC Debut It's open season in the nuclear industry for going public, and this week's episode features newcleo, a European lead-cooled reactor developer.  The Paris-based developer of lead-cooled fast reactors (LFRs) and closed-cycle MOX fuel announced it will merge with NewHold Investment Corp III (ticker NHIC) in a deal valuing the company at roughly $2.4 billion.  A $220 million oversubscribed PIPE at $10 per share plus up to $209 million from the SPAC trust should deliver as...

"Everything About This Market Is Wild": European Diesel Futs Top $200 As Global Scramble Accelerates The global tug-of-war for fuel looks set to accelerate, with traders scrambling to secure supplies even more aggressively after President Trump showed no signs of an end to hostilities (and a reopening of the Strait) any time soon. The longer the Strait of Hormuz remains closed, the more intense the competition is likely to become. Traders have warned that Europe is at risk of diesel shortages in the coming weeks. “Everything about this market is wild,” said Philip...

Another day of intense Israeli attacks across Lebanon has left at least 36 more people killed and 209 others wounded, the majority of them civilians. Though nominally a war against Hezbollah, the attacks are increasingly targeting areas far from the front lines and without even tangential relation to Hezbollah. One of the attacks, for instance, […]