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ECB: Iran Peace Deal Won't Erase Europe's Energy Price Shock
ECB: Iran Peace Deal Won't Erase Europe's Energy Price Shock
By Tsvetana Paraskova of OilPrice.com
Europe will have to contend with the energy price shock for months despite the tentative U.S.-Iran agreement to end the war and reopen the Strait of Hormuz, European Central Bank (ECB) officials said this week.
The ECB last week raised key interest rates for the euro area for the first time since 2023 as the Middle East conflict hiked energy prices that have started to feed into core inflation.
The ECB raised the key interest rate by 25...
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Apr 12, 2026 / Dave DeCamp
US Lost 24 MQ-9 Reaper Drones in Iran War
The US military has lost around 24 MQ-9 Reaper drones since the US and Israel launched the war against Iran on February 28, CBS News has reported, citing unnamed US officials. MQ-9 Reapers cost at least $30 million each, meaning the US has lost at least $720 million worth of drones. Officials told CBS that […]
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Oct 16, 2026 / Tyler Durden
Princeton Researchers Find A Lower-Energy Route To Fusion Ignition
Princeton Researchers Find A Lower-Energy Route To Fusion Ignition
Authored by Haley Zaremba via OilPrice.com,
A new Princeton Plasma Physics Laboratory model finds that heating plasma first and compressing it second could sharply cut the energy needed to reach fusion ignition.
Tungsten at just one part in 10,000 could double the pressure ignition requires, a red flag for the dozen-plus next-gen machines built with tungsten walls.
The findings are theoretical, but a liquid lithium coating could keep tungsten out of the plasma as AI-era money keeps pouring into fusion.
A new model for nuclear...
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Oct 11, 2026 / Jason Ditz
Two Killed in Separate Incidents During South Lebanon Olive Harvest
It’s olive harvest season for agriculture-heavy southern Lebanon, and while more than a few olive groves have been destroyed outright by the ongoing Israeli invasion, the ones that remain are active with people trying to harvest the year’s crops. Two people have been killed over the course of the harvest of Sunday, both as a […]
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