Iran, Trump Exchange Threats over Hormuz

US President Donald Trump gave Iran a two-day deadline to reopen the Strait of Hormuz or have its power plants bombed, upping the ante in a war now in its…

CRUDE OIL’S CATCH-22: Pricing for Trump TACO Trade Makes it Less Likely: Russell

The crude oil futures markets are still largely pricing for an early resolution to the conflict in the Middle East that results in the full re-opening of the Strait of…

Asian Refiners Pay Record Premiums for Non-Middle East Crude

Refiners in Asia are paying huge premiums for crude that could replace some of the supply stuck in the Middle East, with the most suitable grades from Norway and the…

U.S. Bets on Natural Gas to Power 10 GW AI Buildout in Ohio

Amid the Iranian war and oil price crisis, the Department of Energy, alongside the Department of Commerce, has unveiled a public-private partnership with SoftBank and AEP Ohio that centers on…

Iran to Completely Close Hormuz if Trump Executes Threats on Iranian Energy, Revolutionary Guards Say

Iran will completely shut the strategic Strait of Hormuz if U.S. President Trump executes threats to target Iranian energy facilities, the country’s Revolutionary Guards said in a statement on Sunday.…

Vietnam, Russia sign agreement on new nuclear plant

The signing of the agreement took place on Monday during the official visit of Vietnam’s Prime Minister Pham Minh Chinh to Moscow. It was signed by Rosatom Director General Alexey Likhachev and…

The Nuclear Company launches nuclear services subsidiary

The Nuclear Company (TNC), which emerged from “stealth mode” in July 2024, says its mission is “to address surging energy demand driven by AI (artificial intelligence) data computing, onshoring manufacturing,…

UEC expands output at Wyoming mine, initiates conversion facility licensing process

Texas-headquartered Uranium Energy Corp (UEC) said it secured approval from the Wyoming Department of Environmental Quality and commenced operating three additional header houses in wellfield 11 at Christensen Ranch. It…

Kazatomprom preparing Akdala deposit’s next steps

The existing subsoil use agreement (SUA) for the Akdala deposit in Kazakhstan is with joint venture company JV SMCC LLP, which is 30% owned by Kazatomprom and 70% by Uranium…

Application submitted for Swedish SMR plant

The application – submitted by project company ReFirm Målma AB – covers a planned small modular reactor (SMR) campus in Valdemarsvik, and was formally submitted to Johan Britz, Minister for…