China Rapidly Building Unique Amphibious Assault Ship with Aircraft Catapult
China is constructing a large, unconventional Type 076 amphibious assault ship featuring a catapult system for launching fixed-wing aircraft, marking a significant advancement in naval capabilities.
Americans Moving to Climate-Risk Areas for Affordable Housing
Despite increasing climate risks, many Americans are relocating to areas prone to flooding and wildfires in search of more affordable housing options.
Oil Prices Surge as Tensions Rise in Middle East
Oil prices are increasing due to escalating tensions between Israel and Iran, with the US sending forces to the region.
Global oil supply glut looms as U.S. refineries reduce operations
Major U.S. refiners are planning to reduce operations, potentially leading to a global oversupply of crude oil and further weakening prices.
Natural gas prices hit record negative levels in West Texas
Natural gas prices at the Waha Hub in West Texas have been negative a record number of times so far this year due to oversupply issues.
Energy Market Implications of Uptick in US Inflation
A slight increase in US inflation is expected, but it's unlikely to deter a Federal Reserve rate cut in September, potentially impacting energy markets.
Lucid Motors Receives $1.5 Billion Lifeline from Saudi Arabia's PIF
Saudi Arabia's Public Investment Fund (PIF) has committed $1.5 billion to support struggling electric vehicle maker Lucid Motors.
Nuclear Arms Race Looms as US Confronts Two-Peer Problem
Experts warn of a new nuclear age as the US faces potential nuclear parity with both russia and China by 2035, prompting calls for strategic recalibration.
Electric Plane Concept Aims to Revolutionize Short-Haul Air Travel
Startup Elysian unveils plans for a battery-powered jet capable of carrying 90 passengers up to 500 miles on a single charge.