Trump Lashes Out at Iranian Leadership After Tehran Says Talks With the US Aren’t Taking Place

US-Iran MOU Eases Energy Prices But Faces Sharp Pushback From Israel And GOP Hawks Summary: The US and Iran signed a preliminary cease-fire agreement at the G7 summit in France. Energy prices fell as some Saudi supertankers resumed crossing the Strait of Hormuz. The deal includes a $300 billion private reconstruction fund and temporary Iranian oil export waivers. Iranian officials declared themselves the clear winner. The agreement has opened significant new divisions within the Republican Party. Israel described the deal as a major strategic setback. US Vice President Vance will meet Iranian officials in Switzerland on Friday. Energy...

Power Transformer Lead Times Hit Record Highs As US Grid Equipment Shortage Deepens By West Garrett of Industrial Sage Summary: Power transformer lead times now average 128 weeks — nearly 2.5 years — with generator step-up transformers averaging 144 weeks Prices for power transformers have risen 77% since 2019, driven by surging demand and constrained raw material supply Cleveland-Cliffs is the only domestic producer of grain-oriented electrical steel, the specialized material transformers require Demand for generator step-up transformers has grown 274% since 2019, outpacing any increase in manufacturing capacity For industrial developers, equipment availability has replaced...

Artemis II Astronauts Prepare For Re-Entry, Splashdown Authored by T.J.Muscaro via The Epoch Times, When Artemis II crew members wake up at 11:35 a.m. ET on April 9, they will begin their last full day in space and start preparing the cabin for their return home. NASA’s Reid Wiseman, Victor Glover, and Christina Koch, and Jeremy Hansen of the Canadian Space Agency, continue to fall back to Earth on a free return trajectory aboard their Orion spacecraft, Integrity, targeting a splashdown in the Pacific Ocean at about 8:05 p.m. ET on April...