Jeff Currie Warns Odds Of $5 Gas By Midterms Are "Extremely High"

Shipping traffic through the Strait of Hormuz remains at a minimum as President Donald Trump claims the crucial waterway is open.  The tracking agency Kpler reported on Tuesday that 32 ships transited the Strait between Friday and Monday, including just six on Sunday. 17 of the vessels used Iranian-approved shipping lanes, with only 11 using […]

Chevron Lands 20-Year Deal To Power Microsoft's AI Expansion Microsoft has signed a 20-year agreement with Chevron to power a massive new AI-focused data center campus in West Texas, underscoring the growing race among tech companies to secure reliable energy supplies, according to Bloomberg. The project, known as Project Kilby, is expected to begin generating power in 2028 and eventually reach 2.67 gigawatts—enough electricity for more than 530,000 Texas homes. Chevron is developing the project with Engine No. 1 and expects to make a final investment decision later this year. Despite the...

As the Rome talks stall between Israel and Lebanon, the IDF looks to be scaling up their operations within occupied southern Lebanon, leading to new civilian casualties as well as an incident in which the IDF troops themselves died in an explosion. An Israeli drone attacked the prayer hall in the town of Tebnine’s town […]