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19d06/23

Europe’s Top Gas Distributor to Invest $14.8 Billion in AI-Backed Networks

Italian gas distributor Italgas plans to invest nearly $15 billion by 2032 as it accelerates the use of AI in increasingly smarter and flexible networks, Europe’s largest natural gas distributor said on Tuesday. Total planned investments under the company’s Strategic Plan 2026-2032 unveiled today will be 13 billion euros, or $14.8 billion, through 2032. This would be a 14.6% increase compared to the previous strategic plan. A total of $9.5 billion (8.3 billion euros) is earmarked for the develop

◇ unclassifiedmiddle-east · russia · usa
19d06/23⚠ war-conflict · 4/5

Traders Question How Much Iranian Oil Can Really Return to Market

US-Iran talks and a 60-day sanctions waiver have eased supply fears, but traders remain cautious on the outlook for Iranian oil exports. From War Shock to Weather Shock: Super El Niño Threatens Fresh Commodity Chaos - Record high sea temperatures in the Pacific Ocean are paving the way for an unprecedentedly severe ‘Super’ El Niño, with equatorial temperatures currently 1.7C above the 30-year average. - This summer would witness the largest temperature deviation from the historical average for t

◇ unclassifiedmiddle-east · russia · usa
19d06/23⚠ war-conflict · 3/5

Novak: Russia Considers Complete Ban on Diesel Exports

Russia is considering a full ban on diesel exports as authorities scramble to stabilize the domestic fuel market amid refinery disruptions, rising prices, and supply shortages linked to Ukrainian attacks on energy infrastructure. Deputy Prime Minister Alexander Novak said Tuesday that the government is weighing a complete prohibition on diesel exports alongside other measures to support domestic fuel supplies. Speaking at a government meeting chaired by President Vladimir Putin, Novak acknowledg

◇ unclassifiedmiddle-east · russia · usa
19d06/23⚠ war-conflict · 3/5

China’s Antimony Ban Sent Prices Up 2,600%. Rare Earths Are Next

In 2024, China announced export controls on antimony. It’s a metal most people have never heard of, but antimony goes into more than 200 types of military munitions. Within weeks, the price went from $1,400 per ton to $38,000 — a 2,600% spike — and shipments to the United States fell 97%. Today, Beijing is setting up for something bigger. And REalloys (NASDAQ: ALOY) — a U.S.-based mine-to-magnet rare earth company — has spent years getting ready for it. The company holds an exclusive 80% offtake

◇ unclassifiedmiddle-east · russia · usa
19d06/23⚠ shipping-routes · 3/5

Tankers Emerge from Dark Mode amid Tentative Hormuz ReopeningTankers Emerge from

A growing number of oil tankers have been broadcasting their position and intention to pass through the Strait of Hormuz in recent hours, in a sign that a tentative recovery of traffic through the chokepoint is underway. Before the U.S. and Iran signed the memorandum of understanding to negotiate a peace deal, most tankers were moving through and around the Strait of Hormuz in the so-called dark mode, with transponders and AIS positioning switched off. Once the hallmark of Iran’s sanction-evadin

◇ unclassifiedmiddle-east · russia · usa
19d06/23⚠ war-conflict · 2/5

Trump says Iran agreed to nuclear inspections into 'infinity', Tehran denies US claims

This article shows just how Iran is profiting economically and geopolitically from these negotiations from the fist few days: "The United States waived sanctions on Iran for 60 days" - Real income in the billions for Iran. "Foreign Ministry spokesperson Esmail Baghaei said...[Iran] had no plans for the U.N. nuclear watchdog to inspect Iran's damaged nuclear facilities" - Iran continues not to give anything on the nuclear issue, far behind JCPOA so far. "They agreed on a mechanism to end fighting

Social◇ unclassifiedusa · iran · israel
19d06/23

Russia considers fuel imports amid Ukraine’s strikes on refineries: newspaper

Russia is considering fuel imports ‌and corresponding subsidies to cap prices as ways to mitigate supply disruptions of petrol and diesel caused by Ukrainian strikes on oil refineries, Vedomosti daily reported on Tuesday, citing two unnamed sources. Numerous regions across Russia, the world’s third-largest crude oil producer, have reported restrictions on fuel sales, rising prices of oil products ⁠and long queues at filling stations due to supply shortages. Apart from supplying crude oil...

◇ unclassifiedchina · asia · europe
19d06/23⚠ war-conflict · 3/5

U.S. and Iran Signal Progress Toward Peace Deal

Iran and the United States cited progress in talks toward reaching a final peace deal, though comments from both sides highlighted the fragile state of negotiations. Hours after US Vice President JD Vance left Switzerland on June 22 after a round of talks over the weekend that he said made "good progress," President Donald Trump issued a warning to Tehran that "I will do what I have to do" if it does not stick to its agreement with Washington. "If Iran ‌doesn't live up to their agreement, or if

◇ unclassifiedmiddle-east · russia · usa
19d06/23

Europe’s Battery Storage Installations Set to Quadruple by 2030

further accelerate through 2030 as utility-scale projects lead growth, the SolarPower Europe association said in a new report on Tuesday. Last year, the European battery storage market saw 36 gigawatt-hours (GWh) of new installations, up by 48% from 2024, when growth had slowed. Installations rebounded strongly in 2025, and are set to continue accelerating. This year, annual installations are expected to top 50 GWh, SolarPower Europe said. The annual pace of new additions is then projected to ju

◇ unclassifiedmiddle-east · russia · usa
19d06/23⚠ shipping-routes · 3/5

IOC's Tanker Tender Comes Up Empty as Hormuz Risk Lingers

Indian Oil Corporation (IOC), the biggest refiner in the country, did not receive any bids in a tender to charter three tankers to pick up crude and gas from the Persian Gulf and ship the volumes through the Strait of Hormuz, trade sources with knowledge of the development told Reuters on Tuesday. Since the Strait of Hormuz tentatively reopened at the end of last week, vessel traffic has picked up, especially for outbound tankers that have been stuck for months in the Gulf. But many shipowners a

◇ unclassifiedmiddle-east · russia · usa
19d06/23⚠ war-conflict · 3/5

Royal succession crisis strains Malaysia’s governing alliance ahead of polls

Malaysia’s rare postponement of a meeting of its royal council has pushed a throne dispute in the state of Negeri Sembilan beyond palace walls, threatening to turn a customary succession row into an electoral liability for Prime Minister Anwar Ibrahim’s uneasy governing alliance ahead of snap polls. The June 23–25 meeting of the Conference of Rulers – a council of Malaysia’s hereditary Malay rulers and state governors – was called off at the eleventh hour amid concerns that allowing Negeri...

◇ unclassifiedchina · asia
19d06/23⚠ shipping-routes · 2/5

Iran Says U.S. Agreed to Unblock $12 Billion in Frozen Funds

Iran and the United States have reached an agreement under which the U.S. would release $12 billion in frozen Iranian funds, Mohammad Bagher Ghalibaf, Iran’s top negotiator, said on Tuesday, as carried by Al Jazeera. On his way back from Switzerland, where the first round of “encouraging” talks were held on Sunday and Monday, Ghalibaf told reporters that “the U.S. and Iran can work together to reopen the Strait of Hormuz.” Yet, the top Iranian negotiator said that the Strait of Hormuz would neve

◇ unclassifiedmiddle-east · russia · usa
19d06/23

Pension reform: sustainability factor

The pension reform includes a total of 33 points that I would like to work through piecemeal. Who knows what else can be found there. While researching, I stumbled across the sustainability factor, which should be reactivated and which increases or decreases the pension depending on the relationship between pensioners and employees. Taking demographic change into account, it should be clear what effect this factor has. The forecast above makes this clear again. Here is the source: ht

Social◇ unclassifiedgermany · europe
19d06/23⚠ war-conflict · 1/5

[Spain] Is worth the revolut 3.51% TAE interest-bearing account

The other day, I saw that Revolut is having a that promotion on their interest-bearing account, up until 25.000€ and until October (After that it would go down to a 2.27% TAE). I have a mortgage with an interest rate that is below the 2.5% and the interest-bearing account on Openbank is giving me a 1.50% (TIN, although I doubt there's difference with the TAE here, but that's why I'm asking here, lol). My emergency fund is less than 25k, my actual liquidity is slightly over that number, and I hav

Social◇ unclassifiedeurope · usa
19d06/23⚠ sanctions · 3/5

Iran Moves to Tap Key Asian Markets as U.S. Waives Oil Sanctions

Iran is pitching its oil to Asian buyers outside China, contacting India, South Korea, and Japan, as the United States issued a temporary two-month waiver allowing Iranian oil sales, including in U.S. dollars, until August 21. As part of the 14-point memorandum of understanding with Iran, the United States on Sunday authorized the production, delivery, and sale of crude oil, petrochemical products, and refined oil products of Iranian origin through August 21, 2026. Representatives of the Nationa

◇ unclassifiedmiddle-east · russia · usa
19d06/23

Chinese man jailed after flat’s high electricity usage exposes breeding of 300 snakes

A man living alone in eastern China was sentenced to jail for breeding over 300 pythons at home. This shocking incident was revealed by state media CCTV in late June as a case of “serious” harm to rare and endangered wildlife. Pythons are classified as Grade Two protected animals in China, and laws prohibit the buying, selling, breeding, and transporting of this species without official permission. The violator came to police attention after a senior citizen in Taizhou, Zhejiang province,...

◇ unclassifiedchina · asia · usa
19d06/23

Australia refuses release of climate fund reports for Pacific nation Tuvalu

Australia has refused to release internal papers about a trust fund for a climate-vulnerable Pacific nation, telling Agence France-Presse (AFP) that the documents could inflict diplomatic “damage”. Gravely threatened by rising seas, low-lying island nation Tuvalu relies on a US$200 million trust fund to help foot the ballooning costs of climate change. The trust has been invested on Tuvalu’s behalf in funds exposed to coal mining, gas exploration and the world’s largest crude oil refinery, an...

◇ unclassifiedchina · asia · australia
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