Futures, Yields And Oil All Rise As Trump Arrives In China

Tanker Owners Having The Best Week Of The Hormuz Crisis As VLCC Rates Soar By Julianne Geiger of OilPrice.com The Strait of Hormuz may be reopening, but don't tell tanker owners the crisis is over. They're making too much money. As Middle Eastern producers scramble to move crude that has spent months stranded in the Persian Gulf, tanker rates have exploded higher, turning a slow return to normal into a windfall for shipping companies. According to Reuters, the cost of hiring a tanker in the Gulf has nearly doubled in just a week, jumping...

California Startup Starts Drilling World's First Underground Nuclear Borehole Authored by Jill McLaughlin via The Epoch Times (emphasis ours), Deep Fission, a California-based nuclear energy startup, started drilling the world’s first underground nuclear borehole March 10 in Kansas, taking a major step forward in building small modular pressurized water reactors one mile below the surface. The drill rig at the Deep Fission site in Parsons, Kansas. Deep Fission The test project is being funded as part of the Trump administration’s plan to breathe new life into the American nuclear sector by investing in...

US Central Command (CENTCOM) reports three US soldiers were killed over the weekend.  According to CENTCOM, two soldiers were killed by an Iranian missile strike in Jordan, and a third is missing. Additionally, a third US soldier was killed in Iraq during the detonation of a downed Iranian drone. At least 16 American soldiers have […]