Two years ago, Alaska LNG was struggling to secure the private financing needed to move forward, with high Arctic construction costs, logistical complexities and massive upfront property tax burdens making lenders and potential Asian buyers hesitant to commit. But since...
By the early 2030s the US will have a “new” tank to replace the Abrams M1. The M1 was designed between 1972 and 1976, although many changes have been made over the years. The Abrams is the main heavy battle...
On 13 June 2025, Israel attacked Iranian nuclear facilities and military leadership over Iran’s uranium enrichment capacity, not even a confirmed decision of a weapon being built (Associated Press, 2025). Eight months later, a second attack, a joint US-Israeli operation,...
Batteries have been a hot topic for years amid the energy transition rush of many governments, but now, it has become even hotter as the search for alternatives to traditional energy becomes frantic. While lithium continues to dominate in both...
Recovering from the raid, Darius hallucinates his way through a promotion ceremony, only to stumble into a new disaster. Read Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 |...
Roberto Mosquera, a Cuban immigrant who has lived in the United States since 1980 and completed a prison sentence in 1996, was arrested by ICE last year and sent to a prison in Eswatini, a country in Africa he’d never...
Temperature is often treated as a reliability clock. Increase the temperature, accelerate the failure mechanism, and estimate the equivalent field life. That approach can be useful—but only when the dominant failure mechanism is known, its thermal activation behavior is understood, and the...
The Middle East conflict and the heightened threats to shipping in the Red Sea have prompted China to boost the use of the Arctic to move containers from the Chinese east coast to Europe. The fast-melting Arctic ice offers an...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 9.072 million barrels in the week ending August 7, compared to analyst expectations for a 500,000-barrel draw. In the week prior, U.S. crude oil...
Vessel traffic at the Strait of Hormuz continues to decline as last week’s hopes of negotiations of a U.S.-Iran deal began to fade, yet again. As OilPrice notes, on Monday, only six commodity vessels transited the Strait of Hormuz in either direction,...
Cambodia and China recently agreed to fast-track four priority infrastructure projects under the Diamond Hexagon cooperation framework, deepening a partnership that already accounts for roughly 75% of Cambodia’s foreign direct investment. The acceleration comes as Cambodia pursues its own ambitious...
Every country in the world, especially the United States, must now take Iran and what it want’s seriously. Vijay Prashad is the Director of Tricontinental: Institute for Social Research. His most recent book (with Grieve Chelwa) is How the International Monetary...
One year after the signing of a provisional peace deal in Washington, DC, American, Armenian, and Azerbaijani officials continue to exude optimism about the potential for stability and prosperity in the South Caucasus. But movement toward implementing the joint declaration...
Europe’s car industry has lost ground to China by failing to adapt to electrification, but it still makes up the largest share of European manufacturing jobs: if it is to survive, it will have to change quickly. Bela Galgóczi is a...
It should be obvious that it is the working class who will suffer most from climate breakdown, but sometimes the obvious must be pointed out again and again. Cross-posted from Counterfire Picture by Hong Kong Free Press Blue skies, blistering sun, scorched parks...
In purely military terms, the results of the first weeks of Operation Epic Fury were impressive. The initial strikes hit IRGC command centers, air-defense facilities, missile and drone positions, and military airfields. During the opening phase of the war, Iran’s...
As nations race to cut import exposure to geopolitical tensions, China is building the world’s only large-scale coal-to-gas (CTG) industry as a strategic buffer against supply shocks. No other country has developed synthetic gas from coal at any meaningful scale....
Iran said Tuesday that the Strait of Hormuz will remain closed unless the United States ends the war and meets Tehran’s conditions, raising the bar for a deal that would restore more oil traffic through the key waterway. Mohsen Rezaei,...
In late July, more than 30 water and wastewater systems in Minnesota were hit in a coordinated cyberattack, part of a broader campaign affecting utilities in at least seven states. Federal investigators have not formally attributed the attacks, though Iranian-linked...
Siemens has EDA tools and flows, NVIDIA has AI infrastructure, so what happens when these two companies collaborate? I’m at DAC 2026 and all the buzz this year is Agentic AI, so an came out on Sunday evening about how...
Gold pushed toward $4,450 an ounce Tuesday, its best level in about two months, as a stalled U.S.-Iran deal to reopen the Strait of Hormuz kept oil elevated and traders braced for a Wednesday inflation report that could decide whether...
This is a web version of The Lever ’s daily email newsletter. 🔥 New in The Lever : Introducing Democrats’ new billionaire kingmaker . 👀 Watch: The lawless presidency was built by Dick Cheney. 👇 Further down in this newsletter: - Why is ICE...
Russia’s seaborne crude exports fell to their lowest level since May as recovering refinery runs pulled barrels back into domestic processing and attacks disrupted loading at key ports. Russia shipped 3.71 million barrels per day in the four weeks through...
Five months after the U.S. and Israel opened a war with Iran, global fuel markets still haven't settled down, and the latest IEA data prove it. The IEA's monthly end-use price tracker, updated Aug. 7 and covering prices through July,...
The Department of Justice has accused a 33-year-old Louisiana resident named Mahmoud Amin Ya’qub al-Muhtadi of joining Hamas’ attack on Israel on the morning of Oct. 7, 2023. They say Muhtadi was a member of the military wing of the...
When the history of the 21st century is written, Dr. Anthony Fauci will likely have a prominent place in the discussion. While many considered him a savior, we now know that he was nothing of the sort. Tilting At Windmills is...
The new heatwave in France is curbing nuclear power generation in Europe's biggest nuclear electricity supplier and leading to spiking day-ahead power prices. France's day-ahead power prices soared by as much as 21.8% to $164.39 (142.5 euros) per megawatt hour...
Over the course of a few short weeks , a grim new reality has taken shape in Ukraine. Russia has shown that it need not conquer and occupy Ukraine’s entire Black Sea coastline to turn that country into the equivalent of...
In the summer of 2023, gearing up for his bid for a second term, President Joe Biden gathered with a cadre of wealthy donors at a $7.5 million mansion in Greenwich, Connecticut. As the $25,000-a-seat fundraising dinner began, the president...
The change of regime in Damascus has led to a reassessment of the status of Russia’s key military facilities, with a compromise between Moscow and Sharaa emerging as the only viable solution. Russia Has Chosen the Syrian People Russia and Syria have...
Hormuz tensions are flaring again as Iranian exports collapse, pushing Brent toward $87 and raising the risk of another run toward $100. China’s Crude Drawdown Puts Iranian Barrels Back in Demand - Shrinking crude inventories in China might spur a...
Ukraine’s military claimed another drone attack on an oil refinery in Russia in the early hours on Tuesday as Ukrainian forces continue to target Russia’s energy producing and exporting infrastructure in an escalation of drone attacks at key oil refining...
On August 2nd, Italian commandos rappelled from a helicopter onto the deck of the Toa Payoh, a Russian-linked crude carrier, in the Mediterranean. It was the second sanctioned “shadow fleet” tanker an Italian-led EU naval force had boarded in under...
Neighbors are busy rehabilitating the diplomatic standing of Myanmar’s junta-chief-turned-president Min Aung Hlaing just as his regime openly shreds the regional bloc’s peace plan. Min Aung Hlaing may have traded his general’s uniform for civilian clothes and a practiced smile...
The US House of Representatives moved to advance a sweeping Russia and Iran sanctions package on August 10, just days after the Senate approved it by an overwhelming 86-11 vote, opening the next phase of a congressional push to squeeze...
The first two years of Donald Trump’s presidency have had a dismal, yet undeniable, impact on democracy. He has inflicted considerable damage on U.S. political institutions, and this has shattered the confidence people have in the rule of law nationwide. Recent...
The national oil company of the United Arab Emirates has issued its eighth spot tender since June, trade sources told Reuters on Tuesday, as the Gulf producer that has just left OPEC pushes to sell increased crude volumes to international...
The Mecca Joint Defence Agreement, signed on August 7, 2026, by Saudi Arabia, Türkiye and Pakistan, marks an important development in the evolving security architecture of the Middle East. The agreement commits the three countries to treating an armed attack...
There were many new agentic design flows introduced at DAC this year. Some from mainstream providers and others from new startups. The increased level of activity around this technology was good to see. Most of the approaches presented at the...
Every investor pricing artificial intelligence as a chip story is missing the real bottleneck. A chip can be designed and shipped within roughly two years. A power grid cannot be rebuilt on anything close to that timeline. This gap, not...
OPEC’s total oil production jumped by 1.17 million barrels per day in July from June as many Gulf producers restored some output that was shut in for three months due to the closed Strait of Hormuz. Output at the 11-member...
Former U.S. infectious disease chief Anthony Fauci is expected to give testimony that could clear the way for Washington to pursue trillion-dollar claims against Beijing. Republicans Fail to Break Fauci The U.S. Senate questioned former chief infectious disease official Anthony Fauci over...
Vessel traffic at the Strait of Hormuz continues to decline as last week’s hopes of negotiations of a U.S.-Iran deal began to fade, yet again. On Monday, only six commodity vessels transited the Strait of Hormuz in either direction, down...
Japanese electric vehicle (EV) makers have fallen so far behind BYD and other Chinese competitors, and been so brightly outshone by Tesla, that it is easy to forget that the Nissan Leaf was the world’s first mass-market EV. People might...
Uniper on Tuesday reported more than doubled adjusted net income for the first half of 2026 from a year earlier as Germany has launched a sales process to privatize the energy giant it bailed out during the 2022 crisis. Uniper...
Syria’s court sentenced ousted leader Bashar al-Assad to death in absentia on Tuesday, convicting him of killings, torture and arbitrary arrests committed during the country’s nearly 14-year war. The ruling marks the first conviction against Assad, who was removed from...
China’s independent refiners are likely to return to buying higher volumes of Iran’s crude oil this month as stockpiles in Shandong, home to the independent Chinese refiners, have dropped to the lowest level this year after the biggest estimated monthly...
Air Attacks Increased Before Election Myanmar’s military intensified aerial attacks on civilians in the months before an election held in December and January, while all sides in the country’s civil war were accused of war crimes and serious abuses including...
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