Fuel Price Shock Pushes Gas Cars Under 50% Of Global New-Auto Sales For First Time

Iran's Covert Oil Trade Persists As Tankers Breach US Blockade By Tsvetana Paraskova of OilPrice.com Iran continues to export its oil out of the Persian Gulf via the Strait of Hormuz using dark mode on tankers to move past the US blockade outside the world’s most vital oil chokepoint. At least two Iran-flagged supertankers fully laden with an estimated about 4 million barrels of crude have exited the Gulf via the Strait of Hormuz and through the U.S. blockade, Bloomberg reports, citing satellite imagery analyzed by energy flows intelligence firm Vortexa. The two...

US Secretary of War Pete Hegseth on Thursday started a press briefing by threatening that the US was “locked and loaded” and ready to destroy Iran’s energy infrastructure if the US-Israeli war against Iran restarts. “We are locked and loaded on your critical dual-use infrastructure, on your remaining power generation, and on your energy industry,” […]

BWXT Holds A Realistic Path To Expanding Nuclear Capacity Ananym Capital is urging BWXT to commercialize its reactor production capabilities. The investor is looking for BWXT to bring back one of their old small modular reactor (SMR) design, mPower, that was abandoned in 2017.  BWXT already produces one to three reactors each year for U.S. aircraft carriers and submarines. That steady cadence gives it unmatched experience turning complex nuclear hardware into delivered hardware on a predictable basis.  With only a handful of AP1000 units built worldwide, no other American players can claim...