U.S. Navy Deploys Sea Robots To Sweep Hormuz Chokepoint For Mines

Can Britain's Next Prime Minister Escape The Net-Zero Trap? Authored by Diana Furchtgott-Roth via Civitas Outlook, Andy Burnham has a chance to restore sanity to British politics by choosing domestic production over Chinese renewables. Britain is suffering from disruptions in both weather and politics as a heat wave grips a country where only four percent of homes have air conditioning. Sir Keir Starmer has resigned as Labour Prime Minister, and former Manchester mayor Andy Burnham, elected earlier this month as MP from Makerfield, is slated to replace him. Since former Conservative Prime Minister...

Oil Prices Extend Gains After Another Big Crude Draw, Cushing 'Tank Bottoms' Loom Oil prices are higher this morning on renewed fighting between the US and Iran (and Trump rhetoric), while API reported a major crude inventory draw (for an eighth week in a row). Additionally, in its monthly Short-Term Energy Outlook released on Tuesday, the Energy Information Administration (EIA) reported the closure of the Strait is depleting global inventories, keeping prices high. "Global oil markets remain highly volatile as very limited shipping traffic through the Strait of Hormuz has caused oil...