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Brookfield, NextEra To Build $100 Billion AI Hub On Cold War Nuclear Site
Brookfield, NextEra To Build $100 Billion AI Hub On Cold War Nuclear Site
Authored by Alex Kimani via OilPrice,
The U.S. Department of Energy (DoE) has announced a landmark $100-billion private investment to turn the former uranium enrichment site in Western Kentucky into the new Paducah American Energy Hub, marking one of the largest economic development projects in Kentucky's history.
Led by U.S. Secretary of Energy Chris Wright, the initiative will bring together a private-sector coalition to build a massive artificial intelligence and high-performance computing (HPC) innovation campus powered by new energy...
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Jul 27, 2026 / Tyler Durden
Massive Relax
Massive Relax
By Benjamin Picton, Senior Macro Strategist at Rabobank
Oil futures are being offered this morning after President Trump on Friday declined to continue strikes on Iran. The ‘pause’ was extended over the weekend and reciprocated by the Iranians, marking the first ‘cease’ of the ceasefire in almost a fortnight.
According to Axios, Donald Trump’s advisors had provided the President with attack plans for the day but CENTCOM commander Admiral Brad Cooper reportedly advised against further strikes, arguing that Iran’s ability to disrupt shipping in the Strait of Hormuz had already been substantially...
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Oct 7, 2026 / Jason Ditz
Iran Reportedly Gave Hezbollah $200 Million to Help Lebanon’s Displaced
With Hezbollah squarely in the political opposition, Lebanese officials have been hoping for awhile that the ongoing Israeli invasion would further alienate Hezbollah from the public, as an active combatant force and, at least by Israel’s framing, the reason for the conflict. That’s been a polarizing issue, however, and Hezbollah is likely to score a […]
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Aug 9, 2026 / Tyler Durden
Fire Erupts At Saudi Aramco's Jazan Refinery As Iran-Backed Houthis Claim Drone Strike
Fire Erupts At Saudi Aramco's Jazan Refinery As Iran-Backed Houthis Claim Drone Strike
Yemen's Iran-backed Houthis claimed responsibility for a drone attack on Saudi Aramco's $21 billion Jazan refinery, located on Saudi Arabia's southwestern Red Sea coast, roughly 44 miles from the Yemeni border. The facility is strategically important because it allows Aramco to export refined products through the Red Sea without transiting the Strait of Hormuz. The attack also signals the growing vulnerability of Saudi energy assets in the region, where Houthi forces have repeatedly targeted them in recent...
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