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In "Watershed Moment" China Orders Companies To Defy US Sanctions
In "Watershed Moment" China Orders Companies To Defy US Sanctions
China ordered companies in the country not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, deploying for the first time a blocking measure introduced in 2021 that was aimed at protecting its firms from foreign laws it deemed unjustified.
Refiners - including Hengli Petrochemical (Dalian) Refinery which was sanctioned last month and several other privately-owned processors - had been facing asset freezes and transaction bans. Hengli was the most ambitious target to date in China’s refining sector, and...
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Mar 24, 2026 / Tyler Durden
"Emergencies" Requiring Coal Plants To Stay Open Need Not Be Imminent, DOE Tells Court
"Emergencies" Requiring Coal Plants To Stay Open Need Not Be Imminent, DOE Tells Court
By Ethan Howland of UtilityDive
The U.S. Department of Energy’s secretary has broad authority under the Federal Power Act to declare emergencies to keep power plants from retiring, and those emergencies don’t have to be imminent, DOE told a federal appeals court last week in response to challenges over its orders keeping a Michigan coal plant online.
“The statute’s text grants the Secretary discretion to determine that an emergency exists,” DOE said in a March 17 brief...
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Apr 9, 2026 / Tyler Durden
Israel Lifts Restrictions At Jerusalem Holy Sites, Ben Gurion Airport Fully Reopened, Normalcy Returns
Israel Lifts Restrictions At Jerusalem Holy Sites, Ben Gurion Airport Fully Reopened, Normalcy Returns
Israeli cities have suffered heavy bombardment under Iranian and Hezbollah missiles over the past many weeks going back to the start of Trump's Operation Epic Fury on February 28, but the start of the fragile Iran ceasefire has seen the bombs halted, at least for now.
A sense of normalcy is finally returning across Israeli society, after millions of citizens have on a daily basis had to scramble to get to bomb shelters. Emergency restrictions have been...
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Apr 2, 2026 / Tyler Durden
Oracle's Dubai Data Center Reportedly Hit As Iran Expands Attack On AI Infrastructure
Oracle's Dubai Data Center Reportedly Hit As Iran Expands Attack On AI Infrastructure
According to Reuters national security reporter Phil Stewart on X, the Islamic Revolutionary Guard Corps has targeted a data center facility operated by Oracle in Dubai.
IRAN'S REVOLUTIONARY GUARDS SAY THEY HAVE TARGETED ORACLE'S DATA CENTER IN DUBAI - STATE MEDIA
— Phil Stewart (@phildstewart) April 2, 2026
Not much is known about the IRGC strike on Oracle's data center or what type of air-delivered munitions were involved. There is no word on what damage the facility sustained.
Context on...
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