President Trump is once again threatening to seize Kharg Island, Iran's main oil export hub and a high-value target in the months-long war.
The big picture: Attacks on the small island's oil infrastructure — or a full-blown takeover — could choke Iran's revenue, but there's no guarantee the stark escalation would persuade Iran to accept Trump's terms.
Most people worry that electric vehicles are going to further strain America's aging power grid, but the opposite is true, says the head of California's largest utility.
Why it matters: A parked EV can be an extension of the grid, a distributed energy storage asset that can send power back when it's needed most.
Amazon says its data centers use water more efficiently than the industry average and is urging others to improve as scrutiny of data centers intensifies.
Why it matters: Water use has emerged as one of the biggest pressure points in the AI data center buildout, pushing companies like Amazon to publicly defend their efforts.
President Trump said the U.S. will hit Iran with new strikes Thursday and threatened to seize Kharg Island, Iran's main oil export hub.
Why it matters: This will be the third consecutive night the U.S. military strikes Iran. U.S. officials say the goal is to push Iran to show more flexibility in the negotiations over its nuclear program.
Inflationhit the highest rate in over three years in May, as the economic fallout from the Iran conflict ripples through the U.S. economy.
Why it matters: Inflationary pressures tied to the war keep building, squeezing household budgets and raising the risk that interest rates stay higher for longer.
With the Iran war now over 100 days old, here's the latest rolling snapshot of how it's driving changes in energy markets.
The big picture: Global oil use is going down (in the short term), UN climate officials are using the crisis to push for clean energy, and coal is getting more use in the Asia-Pacific region.
Antares' advanced reactor, Mark-0, hit criticality this month at Idaho National Laboratory, meaning it reached a self-sustaining chain reaction.
Another chain reaction within the national security community quickly followed.
Why it matters: Today's battlefields and bases are rife with energy hogs. Drone batteries need charging; computers and servers and networks and radars need to stay online.
