Trump Team Proposes New Tariff Round On 60 Countries Over Forced Labor Practices

PJM Targets 15 Gigawatts Of New Power To Feed Data Center Boom PJM Interconnection, operator of the largest power grid in the United States spanning 13 states and serving more than 65 million people, has launched an emergency proposal to secure 15 gigawatts of new electricity supply, according to Bloomberg. The move aims squarely at the surging AI data center demand, which has pushed the regional grid to its limits. The plan calls for bilateral negotiations to pair proposed data centers with new power plants. PJM will begin gauging interest from developers and generators...

With Friday Treasury Action, There Goes The 'No New Sanctions' Clause Of The MOU The United States unveiled new sanctions on Iran Friday, an act which crucially breaks a key aspect of the Memorandum of Understanding (MoU) agreement signed last month - namely that no new sanctions can be imposed while the warring sides negotiate to reach a lasting peace. The ceasefire itself is already out the window, President Trump has said late this week, amid contradictory reports over indirect talks being back on. The new US Treasury action specifically targets...

Iran Rushes To Load Oil Onto Ships In Anticipation Of US Strikes Via Middle East Eye Iran is loading almost three times the amount of oil it normally does onto tankers in the Persian Gulf in a sign it is anticipating a US attack that could prevent its oil from hitting the market.  Iranian oil exports from Kharg Island reached nearly 20.1 million barrels between 15 and 20 February, Bloomberg reported on Wednesday, citing Kpler data. That is the equivalent of more than three million barrels per day (bpd) and almost three times the amount loaded over...