Hegseth Meets Netanyahu During Unannounced Visit to Israel: Axios

Growing Number Of Oil Tankers Successfully Sneak Through Hormuz, Shrinking Iran's Leverage One week ago we reported that "As Gulf States Plan Bypass Pipelines, US Military Is Quietly Helping Ships Cross Hormuz." We now have more evidence that, whether with or without a US escort, a growing number of ships are transiting Hormuz.  According to Bloomberg, off the coast of Oman over the weekend, 16 tankers clustered together to transfer millions of barrels of oil that had been stranded in the Persian Gulf. A month ago, that area had been entirely empty.  They’re part...

Defiant Zelenskyy Resumes Russian Refinery Drone Strikes A defiant President Volodymyr Zelenskyy told the Financial Times on Thursday morning that Ukrainian forces will resume attacks on Russian refineries. The move certainly seems more political than anything else. Such attacks have been described as one of the drivers behind the global refining crisis, which has collided with Strait of Hormuz disruptions. "The block [on attacking refineries] is out. We're done," Zelenskyy told the FT. He said Kiev had suspended energy strikes for three days at the Trump administration's request. Even before that, the...

Goldman Details A Quiet Month For Western Nuclear While Russia And China Pick Up Speed May saw multiple significant milestones and announcements in the Western nuclear industry. One of the biggest achievements was in the US last week when microreactor developer Antares brought their pilot design critical for the first time.  There were other major wins with Constellation clearing a path to bring their Three Mile Island reactor plant back to the grid years ahead of schedule, new partnerships with data centers and reactor developers including NANO and Supermicro, and Westinghouse...