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26d06/17

China Bets on Ultra-Deep Shale Gas to Boost Energy Security

China’s state-owned oil and gas major and top refiner Sinopec is ramping up exploration in the shale formations of the Sichuan basin with a view to increasing the country’s shale gas production by a third over the next ten years. Currently, China’s shale gas total is below government targets, Reuters noted in a report on the news, adding shale gas represents only a tenth of China’s total natural gas production. Beijing has a shale gas output target of 80 to 100 billion cu m by 2030. This has pro

unclassifiedmiddle-east · russia · usa
26d06/17

How to best replenish emergency fund?

Hi all, I have an emergency fund of around 30k (6 times my monthly income) but will need to use 3 to 4K for necessary expenses on the roof of my property. At the moment, I save monthly about 200€ in my emergency fund, 200€ for travels and I invest 500€ monthly in an ETF. What would be the most efficient way to replenish the emergency fund? Do I prioritise it and stop investing until it is back at 30k? Do I make a split? I don’t have much room to save/invest more atm because of a big mortgage… In

Socialunclassifiedeurope
26d06/17shipping-routes · 3/5

Oil Tankers Reverse Course on Hopes of Hormuz Reopening

Two tankers that were heading to Africa have changed course and are now moving to the Middle East, Bloomberg reported today, citing ship-tracking data. One of the tankers, a Suezmax, which was originally sailing for Gabon, is now signaling its destination as Fujairah, the UAE port just outside the Strait of Hormuz, Bloomberg said. The other vessel, a very large crude carrier, was originally en route to South Africa but is now also signaling Fujairah as its destination. News about a peace deal be

unclassifiedmiddle-east · russia · usa
26d06/17

New UK party emerges as a threat to Farage. And, it’s even more far-right

A new political party called Restore Britain is threatening the rise of Nigel Farage’s hard-right group, with a tougher anti-immigrant stance and the backing of tech trillionaire Elon Musk. Led by businessman and ex-football chairman Rupert Lowe, Restore is tipped to deprive Farage’s Reform UK party of victory over the ruling Labour Party in a crunch special election on Thursday. Lowe, 68, formed Restore as an alternative on the right of British politics in February following his split from...

unclassifiedchina · asia · uk
26d06/17war-conflict · 3/5

For traumatised Indian sailors, Hormuz reopening brings little relief

Captain Raman Kapoor was loading oil at an Iraqi port when word reached him that the United States and Iran were at war. Within hours, his tanker was trapped north of the Strait of Hormuz with 24 crew members aboard, as missiles began arcing across the sky overhead. “We were stuck inside the war zone and everyone was so scared and clueless about what to do,” Kapoor, 48, recalled. “We all felt so trapped. We were helpless, totally helpless.” He and his crew would stay that way for 75 days. The...

unclassifiedchina · asia · usa
26d06/17

$JHG: Looked appealing but quickly became very uninteresting due to non-recurring earnings and a pending merger

Janus Henderson Group (JHG) screens cheaply on the surface with a quote around $47 a share, a Price to Earning (P/E) of 9.9 and Price to Book value (P/B) of 1.56 but there is more to the story. There looms a pending acquisition by Trian and General Catalyst that was announced at the end of December in 2025 that values JHG at $49 per share. Most of the analysis covering this stock focus on the merger arbitrage angle but I am going to take a different approach. I am going to apply Benjamin Graham’

Socialunclassifiedindia
26d06/17war-conflict · 2/5

Gulf gamble: will South Korea step up for Strait of Hormuz security?

The expected reopening of the Strait of Hormuz under a US-Iran ceasefire framework could ease pressure on South Korea’s energy-dependent economy while creating a thornier diplomatic problem for Seoul: how much should it contribute to securing the waterway? That question is likely to shadow President Lee Jae Myung’s visit to the Group of Seven summit this week in Evian-les-Bains, France, where the wars in Ukraine and Iran are expected to dominate talks among G7 leaders and several invited...

unclassifiedchina · asia · usa
26d06/17war-conflict · 3/5

The Smartest Way to Play the AI Boom in 2026

If you've been investing in the AI boom, you probably own most of the same names everyone else does. NVIDIA for the chips. Microsoft, Google and Amazon for the cloud. Maybe Meta for the consumer side. Maybe Palantir or one of the AI software names. Possibly TSMC for exposure to the manufacturing layer. And that playbook has worked well for investors. NVIDIA alone has minted more wealth in two years than most companies create in a century. The hyperscalers have all hit fresh highs. AI software st

unclassifiedmiddle-east · russia · usa
26d06/16

China Reclaims Solar Crown With Record-Breaking Perovskite Panel

Last year, South Korea’s Qcells set the world record for large-area silicon solar cell efficiency, a development that promised to dramatically shrink the size of solar projects and slash costs. Qcells, a subsidiary of South Korea’s giant conglomerate Hanwha Corp, set the world record after achieving 28.6% efficiency by combining a top light-absorbing layer of perovskite with a bottom silicon layer to capture a broader spectrum of sunlight. For some context, high-end commercial solar panels typic

unclassifiedmiddle-east · russia · usa
26d06/16war-conflict · 3/5

Taiwan’s Energy Crisis Shows the Cost of Import Dependence

The issue of energy dependence and its consequences has, in recent months, become a major topic of discussion. The Hormuz crisis has brought energy security to the political agenda with a vengeance amid fuel price caps, rationing, and warnings of severe shortages. A lot of countries have been used as examples of either low dependence and therefore insulation against shocks, or high dependence that has resulted in a lot of economic pain. In the latter category, Taiwan stands out as a particularly

unclassifiedmiddle-east · russia · usa
26d06/16

Don’t count the Russia-India-China triangle out just yet

The Russia-India-China (RIC) dialogue is back in the diplomatic conversation. It has not formally restarted, and no summit is on the horizon. But the signals are here. In 2025, Moscow again pushed for reviving the RIC format. India said any meeting would have to be arranged in a “mutually convenient manner”, a cautious but open formula. China said it was willing to maintain communication with Russia and India on trilateral cooperation. This month, Russian President Vladimir Putin again spoke...

unclassifiedchina · asia · russia
26d06/16

US Crude Oil Inventories Down Again, Losing 52 Million Barrels in 9 Weeks

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 8.33 million barrels in the week ending June 12. Analysts had expected a 4.5 million draw. In the week prior, US crude oil inventories fell by a rather large 9.119 million barrels. Although inventories have been falling rapidly for the last 2+ months, shedding 52 million barrels over the last nine weeks, US crude inventories are only down 1.4 million barrels so far this year, according to API

unclassifiedmiddle-east · russia · usa
26d06/16

Egypt Clears $6 Billion in Energy Debt and Opens Door to a New Gas Boom

The announcement from Egypt’s petroleum and mineral resources minister Karim Badawi that the country has paid all its outstanding debts to foreign oil firms is as welcome to international oil companies and their governments as it is to the country itself. Egypt has become one of the West’s prime targets in the hunt for replacement gas supplies after the loss of Russian flows following the 24 February 2022 invasion of Ukraine. Officially, it holds around 93 trillion cubic feet (Tcf) of proven nat

unclassifiedmiddle-east · russia · usa
26d06/16

AI Power Hunger Sparks Push for Energy Efficiency

The surge of AI and the data center boom have started to pose challenges to the global energy system amid soaring power demand, spiking energy bills, and a higher environmental footprint. As much as AI is changing the world and the economy, it could also offer assistance to one of the energy sector’s most pressing needs in times of rising demand, uncertainty in fossil fuel supply, and inflationary and supply-chain pressures in the renewables industry—energy efficiency. AI could be the tool to he

unclassifiedmiddle-east · russia · usa
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