America's Nuclear Industry Doesn't Need Cronyism To Thrive Privately funded nuclear reactors are achieving critical milestones on their own, but the Trump administration wants to prop up a single company. Reason · Jun 26
UN Halts Plan To Evacuate Sailors Stranded In Strait Of Hormuz After Iranian Strike Against a Vessel The UN halted an initiative to evacuate sailors stranded in the Strait of Hormuz after Iran struck a vessel. International Business Times · Jun 26
Iran Reportedly Estimates It Could Get $40 Billion a Year From Management Of Hormuz Strait Iran estimates it could make $40 billion a year from managing shipping through the Strait of Hormuz, according to a new report. International Business Times · Jun 25
Iran Threatens Ships Seeking To Cross Hormuz Strait Without Its Approval: 'Dangerous' The Iranian revolutionary guard threatened ships seeking to transit through the Strait of Hormuz without coordination with its officials. International Business Times · Jun 25
Oil falls to pre-war levels on rising Middle East supply Oil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of Hormuz are nearing normalcy, boosting confidence despite ongoing demining efforts. Meanwhile, Iraq is contemplating leaving OPEC due to quota concerns, and Ukraine has targeted Russian oil facilities. These developments… The Economic Times · Jun 25
Energy Secretary Chris Wright Says U.S. Military Escorts Prevent Iran From Closing Hormuz Strait Energy Secretary Chris Wright said Iran no longer has the ability to close the Strait of Hormuz. International Business Times · Jun 25
IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 42% crash Aviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress in the Iran conflict. Lower fuel costs lifted sentiment for airlines, while investors assessed the potential recovery in travel demand and normalisation of global aviation operations. The Economic Times · Jun 25
Oil Price Today (June 25): Crude oil erases Iran war gains as Hormuz traffic boosts supply. What are experts saying? Brent crude has slipped below $73 a barrel for the first time since February 27, 2026. It had hit a high of $126 per barrel on April 30 and is down 42% from those levels. The Economic Times · Jun 25
Oil prices fall as tankers exit Strait of Hormuz Oil prices are dropping significantly as tankers resume passage through the Strait of Hormuz following a preliminary peace accord between the US, Israel, and Iran. This easing of supply concerns has pushed prices towards pre-war levels, surprising many analysts. Despite ongoing demining efforts, the flow of oil is expected to… The Economic Times · Jun 25
S&P 500, Nasdaq Reverse Gains And Drop Again As Rout Continues Among Chipmakers Stocks were mixed on Wednesday as the S&P 500 and the Nasdaq Composite dropped after reversing earlier gains and the Dow Jones edged higher. International Business Times · Jun 24
US announces $17.5 billion in loans for nuclear power supply chain The U.S. Department of Energy is offering $17.5 billion in conditional loans to bolster the domestic nuclear supply chain, aiming to accelerate the construction of new large-scale reactors. Seven utilities have already expressed interest in these loans, which will support Westinghouse reactors. This initiative seeks to overcome investment hurdles and… The Economic Times · Jun 24
Trump Administration Unveils $17.5 Billion Nuclear Loan Program to Fast-Track 10 New Reactors The Trump administration announced on Tuesday a sweeping $17.5 billion federal loan initiative to accelerate the construction of 10 large nuclear reactors across the United States. International Business Times · Jun 23
Populist and rightwing figures take aim at Ed Miliband and UK net zero policies at ‘anti-woke Davos’ Kemi Badenoch, who joined US anti-abortion activists and European far-right parties at ARC, described energy secretary as a ‘villain’ The Guardian - UK · Jun 23
Trump administration announces $17.5 billion in loans for 10 new large nuclear reactors The Trump administration is providing $17.5 billion to speed the development of 10 new large nuclear reactors to meet the skyrocketing power demand from massive data centers The Independent UK · Jun 23
The Guardian - US · Jun 21 Trump faces fresh bipartisan criticism on Iran deal as Vance hails peace talks Objections come as Trump threatens to renew attacks on Iran if it doesn’t rein in its proxy in Lebanon
AAP · Jun 18 Federal regulators order grid operators to speed power to energy-hungry AI data centers Federal regulators have ordered regional grid operators to help large energy users connect more quickly to the nation's inefficient and aging electric transmission system
AAP · Jun 18 Federal regulators back Trump's plan to speed power to energy-hungry AI data centers Federal regulators have agreed to let large energy users connect more quickly to the nation's inefficient and electric transmission system to accommodate surging demand from power-hungry artificial intelligence data centers
AAP · Jun 18 Europe explores energy security alternatives after Iran war's turmoil The Iran war's impact on global fuel prices has pushed Europe to explore alternative trade and energy routes
The Economic Times · Jun 15 Highly dangerous plutonium offers no quick fix to US nuclear fuel crunch America is exploring turning surplus plutonium into nuclear fuel for new reactors. This move aims to meet rising power demands, particularly from data centers. However, experts warn of high security costs and potential terrorism risks. Companies involved believe this process can be safe and economically viable, offering an alternative to…
Fortune · Jun 12 U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim Middle Eastern oil flows are rising, but U.S. crude stockpiles are still depleting.
The Economic Times · Jun 12 US military helping move 7 million barrels of oil per day out of Persian Gulf, Wright says Amidst geopolitical tensions, the US military's efforts are securing the departure of seven million barrels of oil each day from the Persian Gulf, dramatically outperforming market anticipations. Currently, no Iranian oil is making its way through the Strait of Hormuz.
We Got This Covered · Jun 12 Cost of surviving in U.S. is reportedly spiraling, but Donald Trump has his reasons for ‘loving’ the inflation Republicans have been accused of actively making the inflation worse.
International Business Times UK · Jun 11 Trump Hands Democrats Election Gift With Shock 'I Love the Inflation' Remark as Cost-of-Living Crisis Hits Three-Year High US President Donald Trump's 'I love the inflation' remark has ignited political controversy as inflation reaches a three-year high, impacting American households amid ongoing Middle East conflicts.
The Times of India · Jun 10 US announces secret Hormuz mission; Trump claims 100 million barrels of oil moved through Hormuz US President Donald Trump said on Wednesday that the United States had successfully helped move more than 100 million barrels of oil through the Strait of Hormuz as part of a previously undisclosed military operation, while simultaneously warning that Iran would face a severe US attack if ongoing efforts to…
AAP · Jun 10 Trump has a new, surprising take on the higher cost of living: 'I love the inflation' President Donald Trump has a surprising take on a new report that shows inflation spiking to its highest level in three years