UK Faces Summer Flight Disruptions As Jet Fuel Risks Mount

Ship Traffic Through Hormuz Chokepoint Continues As Normalization Efforts Remain "Fragile" U.S. and Iranian negotiators concluded a lengthy initial round of technical talks, backed by Qatar and Pakistan, with early progress reported. Still, the diplomatic road to a permanent peace deal remains fragile. For now, despite Tehran declaring on Sunday that the Strait was "closed," millions of barrels of crude continue to exit the Persian Gulf through the critical maritime chokepoint.  Bloomberg reports that five laden oil tankers carrying a combined 8 million barrels were seen entering or moving through...

DOE Announces $171 Million For Geothermal Expansion The DOE released a Notice of Funding Opportunity offering up to $171.5 million for next-generation geothermal field tests and resource exploration.  The program targets field-scale demonstrations of enhanced geothermal systems (EGS) for electricity generation, along with drilling to characterize and confirm hydrothermal and next-gen prospects nationwide. The funding splits into two initial open topics: up to $100 million for EGS field tests and $71.5 million for exploratory drilling. Letters of intent are due March 27, with full applications due April 30. The move directly supports...

Musk: SpaceX Is Actively Seeking More AI Compute Customers, After Anthropic Deal By Sebatsian Moss of Data Center Dynamics SpaceX's xAI subsidiary is looking to score more data center compute lease deals, after it sold all of the capacity of Colossus I to Anthropic. That deal will see Grok's competitor pay $1.25 billion a month over the next three years for the 300MW facility. The deal can be terminated by either party, with 90 days' notice. "As the recently expanded partnership with Anthropic demonstrates, SpaceX is offering AI compute as a service at significant scale," CEO Elon...