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Super El Niño Could Trigger Major Coal Boom In India
Super El Niño Could Trigger Major Coal Boom In India
Authored by Tsvetana Paraskova via OilPrice.com,
The super El Niño weather phenomenon this year will significantly boost India's demand for coal-fired power generation over the next 12 months, as a generation gap could occur with higher temperatures, the Finland-based think tank Centre for Research on Energy and Clean Air (CREA) said in a report on Monday.
The El Niño, the recurrent weather pattern driving global temperatures higher, would affect most energy systems globally, but none would be as affected as India's, according...
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Mar 24, 2026 / Tyler Durden
China Condemns US Starting 'Vicious Cycle' Of 'Chaos' In Attacking Iran
China Condemns US Starting 'Vicious Cycle' Of 'Chaos' In Attacking Iran
Chinese Special Envoy to the Middle East Zhai Jun has said at a briefing after his shuttle-diplomacy trip that included recent stops in Saudi Arabia, the United Arab Emirates and Kuwait that the US-Israeli operation against Iran must immediately cease or else a "vicious cycle" toward destabilizing the region and disrupt global trade would persist.
"Should hostilities continue to escalate and the situation deteriorate further, the entire region will be plunged into chaos. The use of force will only lead to a...
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Apr 23, 2026 / Dave DeCamp
Trump Continues Yemen Drone War With Virtually No Media Attention
Since starting his second term in January 2025, President Trump has continued a drone war in Yemen that has gone unnoticed in the US, according to a report from the Yemen Data Project (YDP). From January 2025 to March 2026, the YDP found 21 reports of US drone strikes in Yemen through an investigation of […]
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May 11, 2026 / Tyler Durden
US Existing Home Sales Disappoint In April, Despite Lower Mortgage Rates
US Existing Home Sales Disappoint In April, Despite Lower Mortgage Rates
With the Spring selling season already in tatters, existing home sales were expected to rebound in April very modestly (+2.0% MoM) off recent record lows. However, the rebound was far less than expected, up just 0.2% MoM, which left sales of existing homes unchanged YoY...
Source: Bloomberg
Total existing home sales SAAR hover just above 4.00 million homes...
Source: Bloomberg
The NAR report showed the median selling price rose 0.9% from a year earlier to $417,700 last month - the highest for any...
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