Futures Rise, Oil Drops As Market Prices In Iran Deal For Yet Another Day

Russia said on Monday that it would observe a ceasefire with Ukraine on May 8 and May 9 to observe Victory Day, when Russia celebrates the Soviet Union’s victory against Nazi Germany in World War II, but it’s unclear if the truce will hold, as Ukrainian President Volodymyr Zelensky responded by declaring a ceasefire that […]

US Nuclear Regulator Seeks Simpler Environmental Reviews To Boost Nuclear Expansion Authored by Evgenia Filimianova via The Epoch Times, The U.S. Nuclear Regulatory Commission (NRC) on July 8 proposed narrowing environmental reviews for new and renewed nuclear reactor licenses, a move the agency said would reduce costs, as the Trump administration pushes to expand nuclear energy. In this aerial view, the shuttered Three Mile Island nuclear power plant stands in the middle of the Susquehanna River near Middletown, Pa., on Oct. 10, 2024. Chip Somodevilla/Getty Images The proposal would change how the NRC...

Hormuz Mine Threat Emerges; White House Denies Tanker Escort Update (1431ET): And there we have it: *LEAVITT: US NAVY HAS NOT ESCORTED TANKER THROUGH HORMUZ Shortly after the farce of Secretary Wright's deleted tweet on a US military-escorted tanker, CBS'  Jim LaPorta reports that U.S. intelligence assets have begun to see indications Iran is taking steps to deploy mines in Strait of Hormuz shipping lane. LaPorta added that Iran is reportedly using smaller crafts that can carry 2 to 3 mines each. While Iran’s mine stock isn’t publicly known, estimates over the years have...