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IEA Warns Escalation In US-Iran Hostilities Could Upend Oil Surplus Forecast
IEA Warns Escalation In US-Iran Hostilities Could Upend Oil Surplus Forecast
Despite the tentative recovery of oil flows through the Strait of Hormuz and the first build-up in global stocks since the war began, this week’s re-escalation of the U.S.-Iran hostilities could flip the outlook for an oil market surplus for next year, the International Energy Agency said on Friday.
Oil prices have plunged since the United States and Iran signed the memorandum of understanding (MoU) in the middle of June, with North Sea Dated prices down by $31 per barrel in...
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US Nuclear Fusion Startup To Build Radioactive Batteries For Use In Space
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Authored by Ameya Paleja via Interesting Engineering,
Avalanche Energy, a fusion energy startup, has won a $5.2 million contract to build radioactive batteries that can power a laptop-class system for months. The contract is part of the Defense Advanced Research Projects Agency’s Rads to Watts Program, which aims to build next-generation, compact, resilient nuclear batteries with higher densities.
An early prototype of Avalanche Energy’s radiovoltaic converter for the DARPA Rads to Watts program is exposed to high-energy ion-beam irradiation.Avalanche Fusion
Radioactive...
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Morgan Stanley restricts redemptions as withdrawals surge
A flurry of bad news has drawn fresh scrutiny to the roughly $2 tln private credit market, as investors question the health of loan portfolios.
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Jul 15, 2026 / Dave DeCamp
Report: Shipping Companies Refusing US-Guided Transit Scheme Through Hormuz Strait After Iranian Attacks
Shipping companies are avoiding using the US military-guided transit scheme through the Strait of Hormuz after several Iranian attacks on vessels in the area, Reuters reported on Wednesday, citing shipping and maritime industry sources. The report said that Iran had mines in shipping lanes that go through the middle of the strait, requiring ships to […]
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