US Boat Strike Kills Three in the Caribbean

US-brokered Israel-Lebanon talks are already adjourned for the month of August, but as the war continues various controversies raise doubts over whether it would be worth coming back to the table in September, and indeed if Israel is taking these matters seriously. The latest round of controversies started Friday with the Israeli Foreign Ministry publishing […]

World Starts To "Build" Around Hormuz; Japan Buying UAE Oil Bypassing Strait As ADNOC To Spend $55 Billion On Pipelines Long after the Iran war is just a bookmark in the history books, one distinct consequence will persist: much of the world, at least the part that does not fall under the Chinese sphere of influence, will do everything it can to avoid the Strait of Hormuz and failing that, have a Plan B. Just like when the Biden admin weaponized the US Dollar in 2022 by booting Russia from...

UK Regulator Targets Data-Center Land-Grab On The Power Grid Authored by Tsvetana Paraskova via OilPrice.com, Britain’s energy regulator, Ofgem, on Wednesday launched a consultation on a proposed commitment fee for data center projects as part of broad reforms to ensure network capacity is used for projects that are ready and able to connect. The proposal includes a new Data Centre Commitment Fee, which would be paid by large data center developments when accepting a connection offer, Ofgem said in a statement. The fee would be refunded when the project reaches grid connection status and forfeited...