energy
5 briefs
The Waiver Is Gone. India Is Next.
Bessent just ended the sanctions relief that let India buy Russian and Iranian oil. He also threatened secondary sanctions on the banks that helped them do it.
The First State to Say No to AI
Maine just passed the nation's first statewide moratorium on AI data centers. The governor hasn't signed it yet, and that's where the real story begins.
The Toll Booth at the End of the War
The ceasefire is two weeks old. The Strait of Hormuz is still closed. Iran is charging ships for the privilege of passing through.
The Ceasefire Happened. The Ships Are Not Coming Back.
Maersk, Norwegian shipowners, and every major tanker operator say the ceasefire is not enough to resume Strait of Hormuz transits. The gap between 'political agreement' and 'safe passage' is where the energy crisis lives.
China and Russia Kill the Hormuz Lifeline
Beijing and Moscow didn't veto a resolution protecting shipping. they vetoed the idea that the UN Security Council has any authority over a war they're quietly backing.