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Pound Sterling retains gains as US CPI trims September Fed hike odds
GBP/USD trades modestly higher on Wednesday as the US Dollar (USD) comes under mild pressure followi...
US inflation eases to 3.4% in July as the Fed's September call stays on a knife edge
US inflation eased for a second month in July, with consumer prices rising 3.4% from a year earlier,...
The $30 trillion Treasury market is facing a painful reckoning. How rising yields could squeeze your portfolio.
The roughly $30 trillion Treasury market — widely seen as the bedrock of the global financial system...
U.S. Strikes Iran Again as Brent Slips Despite Escalating Conflict
The oil market is treating another US-Iran escalation as background noise. The U.S. launched another wave of strikes against Iran on Wednesday, expanding attacks on military targets along the country' ...
China Just Connected the World's Biggest Hybrid Solar Plant to the Grid
The face of energy security is changing. Historically, fossil fuels have represented security thanks to their established supply chains and round-the-clock production potential, while renewable energi ...
World-First Floating Wind Technology to Help Power Oil Rigs
It’s not often that wind power and oil and gas are mentioned in the same breath. The rare occasion concerns a new type of offshore wind turbine launched in China that will power the extraction of foss ...
China Expands Energy and Trade Partnerships in Central Asia
The chairman of Kazakhstan’s Atomic Energy Agency, Almassadam Satkaliyev, is on an extended tour of nuclear-power facilities in China, gaining insight into PRC management techniques covering the entir ...
Critical Data For India’s Largest Nuclear Plant Exposed In Massive Breach
A massive data breach has exposed approximately 19,000 highly sensitive files related to the Kudankulam Nuclear Power Plant (KKNPP) on the dark web. The documents mainly involve Units 3 and 4 of the 2 ...
Five Ways China Is Shielding Itself as the Hormuz Cease-Fire Collapses
The U.S.-Iran cease-fire that was supposed to reopen the Strait of Hormuz for good is falling apart. American forces reimposed a naval blockade on Iranian ports this week and hit dozens of targets al ...
Engie Brasil Raises $1.7B In Latest Share Offering
Brazil’s largest private electricity producer, Engie Brasil, has successfully raised 8.4 billion reais ($1.66 billion) at a price of 30.50 reais per share in a follow-on share offering, in one of the ...
PJM Auction Comes Up 6.8 Gigawatts Short As Data Centers Devour Power
The largest US power grid failed for a third straight year to secure enough future supply commitments to ensure reliability for the future amid a historic boom in data center demand. PJM Interconnecti ...
U.S. Crude Inventories Fall 1.7 Million Barrels As Iran Tensions Rattle Markets
Crude oil inventories in the United States saw a decrease of 1.7 million barrels during the week ending July 10, according to new data from the U.S. Energy Information Administration (EIA) released on ...
New U.S. Sanctions Bill Targets Russia's Oil Exports and Shadow Fleet
A bipartisan group of US senators on July 14 introduced the Sanctioning Russia Act of 2026, unveiling a revised package of sanctions and tariffs aimed at squeezing Moscow's war finances while seeking ...
Japan Trade Chief Says Hormuz Is Off-Limits as Hostilities Reignite
Commercial shipping through the Strait of Hormuz is once again off-limits in the near term as the renewed hostilities and threats to vessels led to another spike in risks of transiting the key tanker ...
IMO Urges Shippers Not to Risk Strait of Hormuz Transits
Navigation through the Strait of Hormuz remains too dangerous for ship owners and operators to brave the chokepoint, the head of the United Nations’ International Maritime Organization (IMO) said on W ...