Somali Piracy Surges Amid Hormuz Blockade

The Rising Cost Of Electricity In The United States Across the U.S., Americans are paying roughly 30% more for electricity than in 2020. This graphic, via Visual Capitalist's Cody Good in partnership with the National Public Utilities Council, uses data from the U.S. Energy Information Administration to show the change in average retail electricity prices by state across all sectors from 2020 to 2025. Where Electricity Prices Rose the Most Washington, DC saw the largest increase in the country, with average retail electricity prices rising 72% between 2020 and 2025. Maine followed closely at...

Qatar Asks Vessels At Key LNG Port To Go Dark for Safety Submitted by Charles Kennedy of OilPrice.com Qatar has requested LNG vessels near its Ras Laffan LNG port to switch off their transponders as part of safety measures at the key export port of the world’s second-largest LNG exporter before the war, anonymous sources with knowledge of the plan told Bloomberg on Tuesday.   The de facto closure of the Strait of Hormuz has trapped about 20% of daily global LNG flows, mostly those previously shipping out of Qatar and part of...

Tether Freezes $344 Million USDT Stablecoins Flagged For Illicit Activity Tether froze more than $344 million in USDT across two Tron addresses on Thursday, in coordination with the US Treasury’s Office of Foreign Assets Control (OFAC), marking one of the stablecoin issuer's largest compliance actions on record. While Tether did not name the network of the frozen funds, blockchain security firm PeckShield identified the blacklisted addresses as TNiq9...QZH81 and TTiDL...pjSr9, holding approximately $213 million and $131 million respectively. The action comes weeks after the $285 million Drift Protocol exploit; an incident that...