Washington Counts 40 Ships Through Hormuz. Commercial Trackers Count a Dozen.
US officials describe dozens of escorted ships and up to 18 million barrels a day crossing Hormuz. Commercial trackers record about a dozen transits against a pre-war hundred — and the insurance market has already picked a side.
The “Biggest Oil Deal in World History” Pays Venezuela Less Than It Earned Last Year
Trump announced US majority control of 65 billion barrels of Venezuelan reserves. Caracas put the figure at $209 billion over 25 years — about $8.4 billion a year, against the $18.4 billion Venezuela earned in 2025. No contract text exists, and $170…
Small Modular Reactors Finally Have Concrete in the Ground. The Economics Are Still Unproven.
Two SMR projects broke ground in 2026 and the first Western unit is due in 2030. But Ontario's four-reactor build is costed at C$20.9 billion, and the last project that tried to prove the economics died on price.
The Senate’s Quantum Grid Bill Directs FERC to ‘Consider’ Q-Day. Considering Is All It Requires.
S.5313, the Quantum-GUARD Act, has one cosponsor and one real instruction: FERC should consider quantum threats when it reviews grid reliability standards. The post-quantum algorithms have been final since August 2024 — what's missing is any obligation…