US-Canada Trade War Threatens Electricity Imports, Prices

Shaky Lebanon Ceasefire Reached As Trump Says Iran Talks Back On; Tehran Claims Attack On US Container Ship Summary Trump has announced the "shooting will stop" in Lebanon, after phone calls with both sides. Says Iran talks back on "at rapid pace"; Lebanese presidency confirms Hezbollah agreed to US ceasefire proposal Iran announces halt to all exchanges with US, citing Israeli aggression in Lebanon. Trump says 'haven't heard' this from Tehran, vows to keep US naval blockade in place. Iran overnight initiated fresh attacks on neighboring Kuwait and even released video showing footage of...

Putin In Contact With New Ayatollah, Tells FM Araghchi Iran 'Fighting For Its Sovereignty' Amid Fresh Hormuz Proposal Summary Putin tells FM Araghchi that he's been in contact with the new Supreme Leader, and says Iran fighting for 'sovereignty' After a weekend of stalemate malaise, Iran reportedly offers new proposal for opening ship traffic, while postponing the thorny nuclear issue  Trump says peace could come via telephone rather than face-to-face meetings, also warning Iranian oil infrastructure could explode from within unless flow resumes Iranian FM has been sending written messages to US via Pakistani intermediaries  Israel strikes...

Gulf War Leaves $58 Billion Repair Bill And Global Equipment Crunch Last week, JPMorgan - which correctly noted that headlines tend to focus on the fact of damage not the scale - was the first itemize the damage from the war in Iran, finding more than 60 energy infrastructure assets in the Gulf have been affected by drone and missile strikes, with roughly 50 sustaining different degrees of damage.  What about the actual dollar value of the inflicted damage? According to Rystad, repair and restoration costs for energy-linked infrastructure as a result of...