Topic: Energy — Neutral reports only

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[2026-06-18 22:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: US AI dominance vulnerable to China amid long-term ‘structural challenges’, scholar says
Snippet: China’s advantages in energy and industrial applications could erode America’s AI ‘moat’, according to University of Hong Kong academic
Read full article: https://www.scmp.com/tech/big-tech/article/3357583/us-ai-dominance-vulnerable-china-amid-long-term-structural-challenges-scholar-says?utm_source=rss_feed
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[2026-06-18 22:30 UTC+10:00] [Li Cheng] [Factuality: 100]
Source: South China Morning Post
Title: US AI dominance vulnerable to China amid long-term ‘structural challenges’, scholar says
Snippet: China’s advantages in energy and industrial applications could erode America’s AI ‘moat’, according to University of Hong Kong academic
Read full article: https://www.scmp.com/tech/big-tech/article/3357583/us-ai-dominance-vulnerable-china-amid-long-term-structural-challenges-scholar-says
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[2026-06-18 22:28 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Futures Rise, Oil Drops As Market Prices In Iran Deal For Yet Another Day
Snippet: Futures rebounded from the post-FOMC selloff, and oil prices fell as Trump signed the Iran MOU two days early to end the war in the Middle East (in the symbolic Palace of Versailles of all place) and some energy shipments began to transit the Strait of Hormuz. As usual, tech led the parade higher.
Read full article: https://www.zerohedge.com/markets/futures-rise-oil-drops-market-prices-iran-deal-yet-another-day
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[2026-06-18 22:15 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Speculation About A SpaceX–Tesla Merger Is Already Growing
Snippet: SpaceX’s record-breaking IPO has fueled speculation that Elon Musk could take an even bigger step: merging SpaceX with Tesla to create a roughly $4 trillion technology conglomerate spanning rockets, AI, satellites, electric vehicles, robotics, energy, and social media, according to a new report from the New York Times.
Read full article: https://www.zerohedge.com/markets/speculation-about-spacex-tesla-merger-already-growing
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[2026-06-18 22:06 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: US gas prices dip below $4 for the first time since March
Snippet: A customer readies to pump gas at this Ridgeland, Miss., Costco, Tuesday, May 24, 2022. s. (AP Photo/Rogelio V. Solis, File)
Read full article: https://apnews.com/article/gas-iran-trump-aaa-72d8e7d7c9dcd0795c37a51864fce8a6
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[2026-06-18 22:05 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: US Open off to a slow and foggy start at Shinnecock Hills
Snippet: Chase Kyes lines up a putt on the first hole during the first round of the U.S. Open golf tournament at Shinnecock Hills Golf Club in Southampton, N.Y., Thursday, June 18, 2026.(AP Photo/David J. Phillip)
Read full article: https://apnews.com/article/us-open-shinnecock-hills-wind-weather-7bf63fc873c50f8efb410c88ffc2d884
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[2026-06-18 21:20 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Hormuz Normalization Begins As Saudi Supertankers Exit And A Flood Of Persian Gulf Oil Heads For Asia
Snippet: Energy flows through the Strait of Hormuz are beginning to restart on Thursday after the interim U.S.-Iran peace deal, with several Saudi-controlled supertankers transiting the critical waterway and exiting the Persian Gulf.
Read full article: https://www.zerohedge.com/energy/hormuz-normalization-begins-saudi-supertankers-exit-and-flood-persian-gulf-oil-heads-asia
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[2026-06-18 21:15 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Gas prices fall below $4 for first time in over 5 months after US-Iran agreement to reopen Strait of Hormuz
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/06/18/us-news/us-gas-prices-fall-below-4-after-us-iran-agreement-to-reopen-strait-of-hormuz/
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[2026-06-18 21:04 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: Colombia stopped energy exports to Israel - so why did South Africa and Brazil not do so?
Snippet: In July 2025, Colombian President Gustavo Petro ordered his navy to block all coal supplies to Israel in response to the genocide in Gaza.
Read full article: https://www.middleeasteye.net/news/colombia-stopped-energy-exports-israel-so-why-did-bds-allies-south-africa-and-brazil-continue
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[2026-06-18 20:38 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Live updates: US and Iran sign initial deal to end war
Snippet: President Donald Trump signed an agreement with Iran on Wednesday that calls for Tehran to dilute its stockpile of highly enriched uranium and waives U.S.-backed sanctions on the country, immediately allowing Iran to sell its oil freely in a major concession from Washington, according to details released by both countries.
Read full article: https://apnews.com/live/trump-administration-updates-06-18-2026
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[2026-06-18 20:30 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: ECB: Iran Peace Deal Won't Erase Europe's Energy Price Shock
Snippet: By Tsvetana Paraskova of OilPrice.com
Read full article: https://www.zerohedge.com/energy/ecb-iran-peace-deal-wont-erase-europes-energy-price-shock
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[2026-06-18 20:00 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: At Shinnecock, the forecast calls for a windy, wild US Open
Snippet: Joaquin Niemann hits from the rough on the third hole during a practice round for the U.S. Open golf tournament at Shinnecock Hills Golf Club in Southampton, N.Y., Tuesday, June 16, 2026.(AP Photo/George Walker IV)
Read full article: https://apnews.com/article/us-open-wind-putting-mcilroy-shinnecock-d817166e4222b7b625ce4fa4862a39fe
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[2026-06-18 19:34 UTC+10:00] [War in Ukraine] [Factuality: 100]
Source: Politico
Title: Ukrainian drones strike Moscow, setting oil refinery ablaze
Snippet: Ukrainian drones struck several targets around Moscow on Wednesday night, setting an oil refinery on fire and forcing the Russian capital’s airports to suspend flights.
Read full article: https://www.politico.eu/article/ukrainian-drones-strike-moscow-setting-oil-refinery-ablaze/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
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[2026-06-18 19:33 UTC+10:00] [WORLD] [Factuality: 95]
Source: The Japan Times
Title: Ukraine hits Moscow refinery in large-scale drone attack on Russian capital
Snippet: Scores of Ukrainian drones bore down on Moscow on Thursday, hitting the Russian capital’s oil refinery for the second time this week in what Kyiv cast as a demonstration of its growing capabilities that should force Russia to accept a peace deal.
Read full article: https://www.japantimes.co.jp/news/2026/06/18/world/ukraine-moscow-drone-strike/
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[2026-06-18 19:04 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: NT government reveals scale of bungled smart meter rollout
Snippet: Topic:Electricity Production and Distribution
Read full article: https://www.abc.net.au/news/2026-06-18/nt-electricity-jacana-power-and-water-bills-delayed/106813328
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[2026-06-18 19:00 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: Saudi supertankers sail through Strait of Hormuz following Iran deal
Snippet: Three supertankers sailing under the flag of Saudi Arabia and carrying six million barrels of crude oil onboard sailed through the Strait of Hormuz hours after the US and Iran signed their ceasefire deal, according to ship tracking data.
Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/saudi-supertankers-sail-through-strait-hormuz-following-iran-deal
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[2026-06-18 19:00 UTC+10:00] [Experimental music] [Factuality: 100]
Source: Guardian Australia
Title: ‘A sacred kind of sound’: inside a solar-powered journey to preserve the music of church organs
Snippet: Musician Michael Cloud Duguay’s new album was born from a mission to capture the sound of the majestic yet increasingly rare instruments
Read full article: https://www.theguardian.com/music/2026/jun/18/michael-cloud-duguay-album-church-organs
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[2026-06-18 18:51 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Ukraine hits Moscow oil refinery, disrupting commercial flights in major drone attack
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/06/18/world-news/ukraine-hits-moscow-oil-refinery-disrupting-commercial-flights-in-major-drone-attack/
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[2026-06-18 18:32 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: Middle East reroutes its energy networks as region navigates shifting sands - analysis
Snippet: The Middle East and wider region have positive expectations regarding the new agreement between the US and Iran. As this develops, it is clear that many countries and companies will now be seeking to take advantage of the potential reduction in conflict to secure new trade deals.
Read full article: https://www.jpost.com/middle-east/article-899811
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[2026-06-18 18:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Reopening Strait of Hormuz won’t fix world’s energy problems
Snippet: As energy security becomes a more potent force, stress tests for countries vulnerable to supply disruptions are likely to become more severe
Read full article: https://www.scmp.com/opinion/world-opinion/article/3357500/reopening-strait-hormuz-wont-fix-worlds-energy-problems?utm_source=rss_feed
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[2026-06-18 18:30 UTC+10:00] [Indonesia] [Factuality: 100]
Source: South China Morning Post
Title: Reopening Strait of Hormuz won’t fix world’s energy problems
Snippet: As energy security becomes a more potent force, stress tests for countries vulnerable to supply disruptions are likely to become more severe
Read full article: https://www.scmp.com/opinion/world-opinion/article/3357500/reopening-strait-hormuz-wont-fix-worlds-energy-problems
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[2026-06-18 18:15 UTC+10:00] [World news] [Factuality: 90]
Source: Guardian Australia
Title: Ukraine hits Moscow oil refinery in response to strikes on Ukraine – Europe live
Snippet: Ukraine hit an oil refinery near Moscow and other targets in Russia overnight in what president Volodymyr Zelenskyy called “a justified response” to recent strikes on Ukraine.
Read full article: https://www.theguardian.com/world/live/2026/jun/18/ukraine-russia-moscow-strikes-nato-defence-ministers-hegseth-rutte-latest-news-updates
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[2026-06-18 18:11 UTC+10:00] [General] [Factuality: 100]
Source: Al Jazeera
Title: Ukraine hits Moscow refinery as Zelenskyy seeks Trump support to end war
Snippet: Ukrainian drones have hit a Moscow oil refinery for the second time ⁠this week while Russia fired missiles at Kyiv, as President Volodymyr Zelenskyy seeks support from the United States and Europe to reach a deal to end the war.
Read full article: https://www.aljazeera.com/news/2026/6/18/ukraine-hits-moscow-refinery-as-zelenskyy-seeks-trump-support-to-end-war
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[2026-06-18 18:10 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Strait of Hormuz reopening may take weeks to ease shipping backlog and oil pressure
Snippet: It will take weeks to clear the backlog of ships in the Strait of Hormuz, industry executives and shipping experts have warned, as the critical waterway is set to reopen.
Read full article: https://www.cnbc.com/2026/06/18/strait-hormuz-reopening-shipping-oil.html
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[2026-06-18 18:07 UTC+10:00] [General] [Factuality: 100]
Source: AfricaNews
Title: Watch: Moment Trump signs US-Iran agreement at Versailles
Snippet: French President Emmanuel Macron hosted the ceremony shortly after the G7 summit, underlining France's role in encouraging dialogue between the parties. The agreement takes immediate effect and launches a 60-day negotiation process, with a formal follow-up ceremony scheduled in Switzerland on 19 June. Officials said the initiative is designed to reduce regional tensions and support stability in global energy markets.
Read full article: http://www.africanews.com/2026/06/18/watch-moment-trump-signs-us-iran-agreement-at-versailles/
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[2026-06-18 17:30 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Iran 'MOU' Deal Triggers Traders To Use 'Semis-Energy' Barbell As 'Source Of Funds'
Snippet: Sweden has passed a new migration law that will allow residence permits to be refused or revoked if foreign nationals are deemed not to have lived in an orderly manner, marking another major tightening of the country’s immigration system.
Read full article: https://www.zerohedge.com/geopolitical/iran-mou-deal-triggers-traders-use-semis-energy-barbell-source-funds
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[2026-06-18 17:24 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Ukraine hits Moscow oil refinery, disrupting commercial flights in major drone attack
Snippet: Ukraine hit a Moscow oil refinery for a second time in a week and disrupted commercial flights at Moscow airports in one of its biggest drone attacks since Russia’s invasion more than four years ago, Russian officials said Thursday.
Read full article: https://apnews.com/article/russia-ukraine-war-moscow-refinery-attack-oil-0ee97c720e770c392067418f9cabcbba
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[2026-06-18 16:45 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Poland Moves To Tax Fuel Windfalls Earned During Iran War
Snippet: Authored by Michael Kern via OilPrice.com,
Read full article: https://www.zerohedge.com/energy/poland-moves-tax-fuel-windfalls-earned-during-iran-war
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[2026-06-18 16:45 UTC+10:00] [General] [Factuality: 90]
Source: The Moscow Times
Title: Ukraine Sets Major Oil Refinery Ablaze in Largest-Ever Drone Attack on Moscow
Snippet: Black smoke blanketed the skies of southern Moscow on Thursday morning after Ukrainian drones struck and set fire to a major oil refinery, in what was the largest-ever attack on the Russian capital since the start of the war.
Read full article: https://www.themoscowtimes.com/2026/06/18/ukraine-sets-major-oil-refinery-ablaze-in-largest-ever-drone-attack-on-moscow-a93043
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[2026-06-18 16:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China urged to strengthen navy escorts and find other routes to secure energy supply
Snippet: Closure of Strait of Hormuz has exposed fragility of maritime chokepoints and more should be done to protect shipments, analysts say
Read full article: https://www.scmp.com/news/china/diplomacy/article/3357511/china-urged-strengthen-navy-escorts-and-find-other-routes-secure-energy-supply?utm_source=rss_feed
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[2026-06-18 16:00 UTC+10:00] [Pakistan] [Factuality: 100]
Source: South China Morning Post
Title: China urged to strengthen navy escorts and find other routes to secure energy supply
Snippet: Closure of Strait of Hormuz has exposed fragility of maritime chokepoints and more should be done to protect shipments, analysts say
Read full article: https://www.scmp.com/news/china/diplomacy/article/3357511/china-urged-strengthen-navy-escorts-and-find-other-routes-secure-energy-supply
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[2026-06-18 16:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: S. Korea, Czech Republic vow to forge closer ties in cutting-edge sectors
Snippet: SEOUL, June 18 (Yonhap) -- South Korea has agreed with the Czech Republic to broaden bilateral cooperation in cutting-edge industries, building on their recent partnership in the nuclear energy sector, the industry ministry said Thursday.
Read full article: https://en.yna.co.kr/view/AEN20260618003400320
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[2026-06-18 15:59 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Daiichi Properties clinches Triple LEED O+M Platinum and Gold Certifications for BGC portfolio
Snippet: DAIICHI Properties sets a new benchmark for sustainable office developments in the Philippines after three of its Bonifacio Global City (BGC) properties earned Leadership in Energy and Environmental Design (LEED) Operations and Maintenance (O+M) certifications, including the country’s first LEED O+M Platinum recognition for an office building.
Read full article: https://www.manilatimes.net/2026/06/18/tmt-newswire/daiichi-properties-clinches-triple-leed-om-platinum-and-gold-certifications-for-bgc-portfolio/2368154
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[2026-06-18 15:47 UTC+10:00] [Russia] [Factuality: 100]
Source: Guardian Australia
Title: Moscow oil refinery on fire after ‘large-scale’ Ukrainian drone strike
Snippet: Mayor of Russian capital claims ‌about 180 drones heading to the city were shot down as flames and smoke billow over outskirts
Read full article: https://www.theguardian.com/world/2026/jun/18/moscow-oil-refinery-on-fire-ukraine-drone-stikes
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[2026-06-18 15:31 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Drones hit Moscow oil refinery as Russia and Ukraine exchange strikes
Snippet: Moscow fends off drone attack, Kyiv targeted in second air strike this week, as Zelensky seeks Trump’s support for a peace deal
Read full article: https://www.scmp.com/news/world/europe/article/3357515/drones-hit-moscow-oil-refinery-russia-and-ukraine-exchange-strikes?utm_source=rss_feed
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[2026-06-18 15:31 UTC+10:00] [Enerhodar] [Factuality: 100]
Source: South China Morning Post
Title: Drones hit Moscow oil refinery as Russia and Ukraine exchange strikes
Snippet: Moscow fends off drone attack, Kyiv targeted in second air strike this week, as Zelensky seeks Trump’s support for a peace deal
Read full article: https://www.scmp.com/news/world/europe/article/3357515/drones-hit-moscow-oil-refinery-russia-and-ukraine-exchange-strikes
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[2026-06-18 15:08 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Posco International expands palm business with PT.PAR launch
Snippet: Posco International, the trading and energy arm of Posco Group, said Thursday that it had completed the integration of Indonesian palm oil producer Sampoerna Agro and launched a new corporate identity under the name PT Prime Agri Resources, or PT.PAR.
Read full article: https://www.koreaherald.com/article/10775681
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[2026-06-18 14:34 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Hyundai Motor to build green hydrogen power system at Antarctic research station
Snippet: SEOUL, June 18 (Yonhap) -- Hyundai Motor Group said Thursday it will introduce a clean hydrogen energy circulation system at South Korea's Antarctic research station to support sustainable scientific operations.
Read full article: https://en.yna.co.kr/view/AEN20260618005000320
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[2026-06-18 14:00 UTC+10:00] [General] [Factuality: 100]
Source: Financial Times
Title: How Uzbekistan could liberalise its economy with a push into green energy
Snippet: Uzbekistan is grappling with rising temperatures, water shortages and blackouts, so this is a race for energy security and about rebranding the country as a modern state, open to global business. In this FT film, we meet business people, officials, and investors to find out whether Uzbekistan can reinvent itself for a post-fossil fuel future.
Read full article: https://www.ft.com/video/f42eee10-7499-41e1-b1ae-9160af77beae
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[2026-06-18 13:28 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Hope for hundreds of miners after colliery $434 million in debt sold
Snippet: Thu 18 Jun 2026 at 1:28pm
Read full article: https://www.abc.net.au/news/2026-06-18/gfg-tahmoor-coal-sold-to-new-owners/106812760
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[2026-06-18 12:22 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Europe eyes new energy routes amid Iran war and global fuel price shock
Snippet: European Commission President Ursula von der Leyen speaks during a media conference at the G7 summit in Evian-les-Bains, France, Monday, June 15, 2026. (AP Photo/Vadim Ghirda)
Read full article: https://apnews.com/article/europe-energy-hormuz-trade-oil-gas-routes-6b36dd445b6ff2b77c0a4308fb2f7e4d
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[2026-06-18 11:49 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Oil falls as International Energy Agency forecasts supply glut next year after U.S.-Iran deal
Snippet: Oil prices declined Thursday after President Donald Trump reportedly signed ​a deal ​with his Iranian counterpart Masoud Pezeshkian to end the ​war in the Middle East, while the International Energy Agency flagged a supply glut next year.
Read full article: https://www.cnbc.com/2026/06/18/oil-prices-today-wti-brent.html
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[2026-06-18 11:42 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: What do Iran and US stand to gain from deal?
Snippet: CAIRO (AP) — The interim deal reached by the US and Iran to end their war will reopen the Strait of Hormuz and bring the two adversaries back to the negotiating table over Tehran’s nuclear program. It will also give Iran an immediate benefit, allowing it to sell its oil freely again, according to a text of the accord read by US officials.
Read full article: https://www.koreaherald.com/article/10774556
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[2026-06-18 11:07 UTC+10:00] [General] [Factuality: 90]
Source: The Manila Times
Title: Marcos, Putin agree to explore new cooperation in food, energy security
Snippet: MANILA, Philippines — President Ferdinand Marcos Jr. and Russian President Vladimir Putin have agreed to explore new opportunities for cooperation in food and energy security, as they sought to further enhance their bilateral relations.
Read full article: https://www.manilatimes.net/2026/06/18/news/marcos-putin-agree-to-explore-new-cooperation-in-food-energy-security/2368039
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[2026-06-18 10:52 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: "The Situation Has Become Unsustainable": Apple To Hike Prices To Offset Soaring Memory Costs
Snippet: Up until now, Americans primarily hated the flood of data centers popping up around the country like mushrooms (at least those that haven't been canceled or delayed due to regulatory pushback, lack of electricity or outright hostility) because of surging electricity prices and the rising tide of unemployment as chabots gradually make America's white collar workers obsolete.
Read full article: https://www.zerohedge.com/markets/situation-has-become-unsustainable-apple-hike-prices-offset-soaring-memory-costs
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[2026-06-18 10:30 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: From Diablo Canyon Closure Fights To Record-Speed Renewals: The Nuclear Reversal
Snippet: The Nuclear Regulatory Commission (NRC) clocked another subsequent license renewal (SLR) in under 12 months. Southern Nuclear’s application for the two-unit Edwin I. Hatch plant in Georgia cleared the finish line on June 11, extending both boiling water reactors from 60 to 80 years of operation.
Read full article: https://www.zerohedge.com/energy/diablo-canyon-closure-fights-record-speed-renewals-nuclear-reversal
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[2026-06-18 10:10 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: S. Korea to apply zero tariffs on LNG, LPG under quota scheme to tackle inflation
Snippet: South Korea plans to apply zero tariff rates on liquefied natural gas and liquefied petroleum gas within quotas in the second half of 2026 as the country seeks to tame inflation amid lingering global energy price volatility, the finance ministry said Thursday.
Read full article: https://www.koreaherald.com/article/10774388
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[2026-06-18 10:04 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Woodside sees LNG, oil sales rising 50% as investments from US to Australia pay off
Snippet: An LNG facility operated by Woodside in northwestern Australia. (Photo by Ken Kobayashi)
Read full article: https://asia.nikkei.com/business/energy/woodside-sees-lng-oil-sales-rising-50-as-investments-from-us-to-australia-pay-off
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[2026-06-18 10:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: S. Korea to apply zero tariffs on LNG, LPG under quota scheme to tackle inflation
Snippet: SEJONG, June 18 (Yonhap) -- South Korea plans to apply zero tariff rates on liquefied natural gas (LNG) and liquefied petroleum gas (LPG) within quotas in the second half of 2026 as the country seeks to tame inflation amid lingering global energy price volatility, the finance ministry said Thursday.
Read full article: https://en.yna.co.kr/view/AEN20260618001300320
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[2026-06-18 08:50 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: "Zero Hormuz Dependency": UAE Races To Rewire Energy Flows, Bypassing Chokepoint Chaos
Snippet: The shuttered Strait of Hormuz is expected to reopen within days, though conflicting reports suggest the US-Iran memorandum of understanding could be formally signed as early as today, Thursday, or Friday. Either way, the interim peace deal appears likely to be signed within the next 48 hours, setting the stage for energy flows through the critical maritime chokepoint to begin normalizing, a process that could take many months.
Read full article: https://www.zerohedge.com/geopolitical/zero-hormuz-dependency-uae-races-rewire-energy-flows-bypassing-chokepoint-chaos
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