Shipping Turmoil Remains Largely Contained To Gulf, For Now

Oil Spikes As Israeli Defense Chief Says 'Required To Act Again' In Striking Iran, Achieving Objectives Summary Israeli Defense Minister Katz: "soon we will need to act again in Iran to ensure that the regime cannot threaten Israel for years to come." Oil spikes on this and new reports of Israeli defense build-up at ports, air hubs. Not giving up nuclear program: Iran will "guard" its "advanced technologies" like it does its own borders, Mojtaba Khamenei said in a written speech read aloud by state TV. It will “secure the Persian Gulf region and dismantle...

Largest US Power Grid Is 6.8 Gigawatts Short To Ensure Reliability On Historic Data Center Boom The largest US power grid failed for a third straight year to secure enough future supply commitments to ensure reliability for the future amid a historic boom in data center demand. PJM Interconnection, the largest US power grid (Regional Transmission Organization), which serves 67 million customers in 13 states and Washington, DC, said its auction to procure power for the year starting June 2028 fell 6.8 gigawatts short of what it will need to guarantee...

Derek Chauvin Seeks To Dismiss Charges In Death Of George Floyd Derek Chauvin's legal team filed a new court petition Tuesday morning seeking to dismiss the charges against the former Minneapolis police officer and vacate his convictions, arguing that the case that sent him to prison for the death of George Floyd rested on a foundation that never had legal standing to begin with. Attorney Greg Joseph submitted the 31-page filing in Hennepin County, alleging that Gov. Tim Walz, Attorney General Keith Ellison and the Hennepin County Attorney's Office engaged in...