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Trump: 'Large & Powerful Strikes' In Iran Ongoing As 'Retaliation' For Mining Hormuz Strait
Trump: 'Large & Powerful Strikes' In Iran Ongoing As 'Retaliation' For Mining Hormuz Strait
Summary
Reports of fresh US strike wave on southern Iran, oil soars
Bessent Says Hormuz Will Be "Worthless Piece of Water" In Two Years
Iran offers conditional ceasefire: Pezeshkian says Iran will return to talks if the US honors prior commitments, which Tehran says it has violated.
Tankers hit in Strait of Hormuz: Two supertankers struck exiting Hormuz, escalating energy-market risks.
Oil prices surge: Brent crude rose above $92/barrel.
Diesel supply squeezed: Refinery disruptions are driving diesel prices and margins sharply higher.
Strait of Hormuz traffic returns to...
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Trump Gets Diplomatic Win In Ukraine War, 3-Day Ceasefire Declared For Russia's V-Day
Trump Gets Diplomatic Win In Ukraine War, 3-Day Ceasefire Declared For Russia's V-Day
President Trump announced Friday that the leaders of Russia and Ukraine have agreed to his request for a three-day ceasefire and a major prisoner swap. He hailed in a Truth Social post that this could be the "beginning of the end" of the long war between them.
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Texas Hits New Peak Demand Record, Faces 80% Supply Shortfall By 2030
Texas Hits New Peak Demand Record, Faces 80% Supply Shortfall By 2030
By Marlene Wilden of UtilityDive
Peak demand in the Electric Reliability Council of Texas territory could reach 120 GW by 2030 – incredible growth of more than 30% above the new, unofficial all-time peak reached on July 22, but notably lower than ERCOT’s own forecasts, according to a market report from Ascend Analytics that was provided to Utility Dive.
The firm cites gas turbine shortages, multi-year development timelines and interconnection bottlenecks as limiting factors preventing enough new generation from coming...
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