North Dakota pushes Enhanced Oil Recovery to increase production North Dakota officials are promoting Enhanced Oil Recovery technologies to boost oil production in the Bakken region. The Trump administration has increased access to federal lands and offshore waters
Iran reasserts control over the Strait of Hormuz and threatens US bases as ceasefire talks stall, disrupting global oil supply. Iran’s Foreign Minister Abbas Araghchi reaffirmed sovereignty over the Strait of Hormuz and warned of retaliation against US regional bases, as c
Iran’s enriched uranium stockpile grows, reversing Trump-era efforts to curb its nuclear program, the IAEA reports. The International Atomic Energy Agency has determined Iran’s nuclear weapons risk is now higher than before US and Israeli strikes in February. The attacks a
Stocks rally on geopolitical optimism and lower crude prices, while US jobless claims exceed estimates for the first time in weeks. The S&P 500 closed at a record high, gaining 0.4%, as optimism over potential peace deals in Ukraine and Lebanon weighed on oil prices. WTI c
The Digital Asset Market Clarity Act's bad-actor provisions remain a key sticking point as Senate negotiations advance ahead of a tight deadline. The Digital Asset Market Clarity Act remains under scrutiny as lawmakers debate its provisions targeting illicit cryptocurrency
Iran's oil exports fell to 209,000 bpd in May Iran's oil exports have reached their lowest level in at least six years. The decline is attributed to the U.S. naval blockade, which has choked off crude shipments. In May, Iran exported 209,000 barrels per day
Increased geopolitical risks drive higher military budgets in NATO and other regions, benefiting aerospace and defense contractors. Global defense and aerospace spending is accelerating as NATO members and other nations boost military budgets amid rising geopolitical tensi
Remarks by Treasury Secretary Bessent raise questions about potential market-moving information ahead of key economic releases. Treasury Secretary Bessent remarked he wished today’s job market data had been released, adding he lacks prior knowledge of tomorrow’s figures. T
Voluntary 30-day review replaces earlier 90-day mandate, easing regulatory pressure on NVDA, MSFT, and GOOGL capex plans. President Trump signed an executive order on artificial intelligence that removes mandatory preclearance for AI model releases, replacing it with a vol
The federal government is widening its crackdown on tariff evasion and customs fraud, with recent actions targeting auto parts, aluminum, steel and rail components as importers face heightened scrutiny over country-of-origin claims, product classifications and declared customs...
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