Oil Extends Decline As Rubio Rules Out New Strikes, Iran-Oman Transit Deal Nears Finalization

Trump Admin Kicks Off American Nuclear Renaissance With $17.5 Billion Loan Program For Reactor Projects With hyperscalers set to spend roughly $800 billion on data-center capex this year alone, alongside reshoring and broader grid electrification, baseload power demand is poised to surge. We have made the case that intermittent solar and wind are no match for the scale and reliability requirements of the modern economy, and that nuclear power is emerging as the clean, always-on power source needed to power the AI era. The Wall Street Journal reports Tuesday morning that the...

US Navy Backs 3,800 MPH-Speeding Blackbeard Hypersonic Missile With First Contract Authored by Sujita Sinha via Interesting Engineering, The U.S. Navy has awarded defense technology startup Castelion its first production contract for the Blackbeard hypersonic missile. This $23.4 million deal includes 50 pre-production missiles and shows the Navy is ready to move the program past development and testing. The U.S. Navy awarded Castellion a contract to deliver Blackbeard hypersonic missiles. Castelion This contract comes as the Pentagon looks for faster, more affordable hypersonic weapons for long-range strikes. For Castelion, it is the first step...

The US Should Exit The UN Authored by Wendy McElroy via The Brownstone Institute, The future of the United Nations (UN) is in play, largely because of its refusal to censure Iran—a member nation. In May, Secretary of State Marco Rubio reprimanded the UN: “If you’re telling me that the international community and hundreds of countries cannot rally behind that, then I don’t know what the utility of the UN system is.”  Severing all ties to the UN could require an act of Congress, but the US is moving in this direction. On February...