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Gulf War Leaves $58 Billion Repair Bill And Global Equipment Crunch
Gulf War Leaves $58 Billion Repair Bill And Global Equipment Crunch
Last week, JPMorgan - which correctly noted that headlines tend to focus on the fact of damage not the scale - was the first itemize the damage from the war in Iran, finding more than 60 energy infrastructure assets in the Gulf have been affected by drone and missile strikes, with roughly 50 sustaining different degrees of damage.
What about the actual dollar value of the inflicted damage?
According to Rystad, repair and restoration costs for energy-linked infrastructure as a result of...
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Jun 24, 2026 / Tyler Durden
Google's Dual Nuclear Tech Strategy Takes Shape With Kairos & GE Vernova
Google's Dual Nuclear Tech Strategy Takes Shape With Kairos & GE Vernova
Google is placing its nuclear bets through more than one channel. Elementl Power, the independent developer that received early-stage capital from Google in 2025 to prepare three US sites, has now made its first clear technology choice on at least one of them.
Elementl signed an Early Works Agreement with GE Vernova Hitachi Nuclear Energy (GVH) to deploy BWRX-300 SMRs at a nearly 700-acre site in Meigs County, Ohio.
The project targets up to 1.5 GW of power production. Elementl...
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Apr 18, 2026 / Tyler Durden
Spanberger Signs Unconstitutional Bill To Strip Confederacy-Linked Groups Of Tax Exempt Status
Spanberger Signs Unconstitutional Bill To Strip Confederacy-Linked Groups Of Tax Exempt Status
Authored by Jonathan Turley,
There has been growing criticism (and falling poll numbers) of Virginia Governor Abigail Spanberger after she ran as a moderate and then immediately veered to the far left after her election. Once in power, Spanberger and the Democrats unleashed a slew of tax increases, moved to eliminate all but one Republican district in the purple state, passed an array of anti-gun laws, and enacted other controversial measures. One of these measures is a clearly unconstitutional...
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Mar 28, 2026 / Tyler Durden
US Monitoring Surge In China's Detention Of Panama-Flagged Vessels
US Monitoring Surge In China's Detention Of Panama-Flagged Vessels
Authored by Aldgra Fredly via The Epoch Times,
The U.S. Federal Maritime Commission on March 26 accused China of detaining Panama-flagged vessels in response to Panama’s termination of Hong Kong-based CK Hutchison’s concessions for two key ports.
Panama’s Supreme Court ruled in late January that the concessions held by Panama Ports Company, a unit of CK Hutchison, for the Balboa and Cristobal terminals in the Panama Canal were unconstitutional.
The ruling followed an audit by Panama’s comptroller, which alleged irregularities in the 25-year extension...
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