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28.04.26 - 18:42
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Formula 1 May Reschedule One Middle East Race Canceled Due to Iran War (Bloomberg)
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Speaking with Bloomberg's Francine Lacqua at the Norges Bank Conference in Oslo, Formula 1 Chief Executive Officer Stefano Domenicali talks about the possibility of adding more races in the US. He says the demand from fans is very high. He also says it may only be possible to reschedule one of two races in the Middle East that were canceled earlier this season. (Source: Bloomberg)...
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28.04.26 - 18:32
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Gas prices at highest level since beginning of Iran war (The Hill)
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The average cost of gas in the U.S. on Tuesday reached its highest level in four years — a result of skyrocketing energy prices triggered by the U.S.-Israeli conflict with Iran. The national average reached $4.18, a 40-percent jump since the conflict began on Feb. 28, according to data from AAA. States in the West......
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28.04.26 - 17:42
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US Energy Chief Says Hormuz Can Reopen Without Clearing All Mines, Warns Iran Shut-ins Could Be Devastating (ZeroHedge)
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US Energy Chief Says Hormuz Can Reopen Without Clearing All Mines, Warns Iran Shut-ins Could Be Devastating
US Energy Secretary Chris Wright said that not all mines placed by Iran in the Strait of Hormuz need to removed for ships to resume transiting the vital passageway: “You just need a pathway for ships to be moved in and out,” Wright said in an interview on the sidelines of the Three Seas Summit and Business Forum in Dubrovnik. “I think that can happen quickly” he added suggesting that a restart can happen far sooner than the full demining timeline. Fully clearing the strait of mines could take six months, a Pentagon official said during a classified Congressional briefing last week, the Washington Post reported.
Iran has said it laid mines along the most frequently used routes of the narrow waterway, which has been effectively closed since February 28, and through which roughly one-fifth of the world's oil and gas transited before the US and Israel launched a war on the Islamic...
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