U.S. Wheat Crop Forecast To Hit Half-Century Low As Drought Hits Breadbasket

Top Admiral Visits USS Lincoln, Suggests Reports Of Dire Conditions Are Greatly Exaggerated The top US military commander in the Middle East has personally visited the USS Lincoln carrier, which is currently patrolling the Middle East after having long been engaged in operations against Iran. US Central Command (CENTCOM) chief, Adm. Brad Cooper, directly inspected the ship amid widespread reports of low morale and extremely challenging conditions amid a record extended deployment. Screenshot via CENTCOM on X. But Cooper came away with the opposite conclusions from what the headlines and some lawmakers are saying....

KKR And SK Launch South Korea's Largest Renewable Energy Platform By Tsvetana Paraskova of OilPrice.com Global investment firm KKR and South Korea’s industrial conglomerate SK Inc are launching the single biggest renewable energy platform in South Korea to help meet growing power demand from AI and chip manufacturing. KKR and SK Inc are creating the platform, valued at about $1.3 billion, or 2 trillion South Korean won, to combine 1.7 gigawatts (GW) of clean energy capacity in operation and a pipeline of projects in development that would boost the platform’s total capacity...

"Save Every Drop Of Fuel": South Korea Tells Citizens To Conserve, Ride Public Transit Amid Energy Shock The Gulf energy shock is now hitting Asian economies with full force. In Seoul, President Lee Jae Myung on Thursday urged citizens to "save every drop of fuel," a new sign policymakers are moving quickly into crisis mode as the U.S.-Iran conflict raises the risk of nasty fuel shortages across some of Asia's most energy- and Hormuz-dependent economies. Lee told lawmakers in a parliamentary address about the urgent need to conserve fuel. He warned that...