Rocky Mountain Voice

Tag: Energy Markets

Trump Announces Historic Iran Peace Deal as Strait of Hormuz Reopens
Just The News, Approved, National

Trump Announces Historic Iran Peace Deal as Strait of Hormuz Reopens

By Ben Whedon | Just the News The terms of the agreement were unavailable as of Sunday night, but a top Pakistan mediator said both sides have declared the immediate and permanent termination of all military operations. President Donald Trump has unveiled a deal to end 47 years of hostilities with Iran, bringing months of U.S.military operations to an end and opening the Strait of Hormuz in a one-two punch certain to ease oil prices ahead of the midterm elections. "Let the oil flow!” Trump declared Sunday on social media after completing the deal on his 80th birthday and the day the U.S. began its 250th anniversary celebration with an historic UFC Freedom 250 mixed martial arts fight on the White House South Lawn. A signed ceremony was set for Friday in Switzerland. ...
Oil Surges Past $100 As Middle East War Disrupts Global Supply
Breitbart, Approved, National

Oil Surges Past $100 As Middle East War Disrupts Global Supply

By: John Carney | Breitbart Oil prices surged past $110 a barrel on Sunday evening, topping $100 for the first time in nearly four years, as the war in the Middle East entered its ninth day with no end in sight and the Strait of Hormuz remained effectively closed to tanker traffic. Brent crude, the international benchmark, briefly topped $110 soon after markets opened Sunday evening, while West Texas Intermediate rose to $109.05. Both benchmarks were trading around $60 a barrel in early January. President Trump on Sunday night sought to reassure Americans that oil prices would come down in short order. “Short term oil prices, which will drop rapidly when the destruction of the Iran nuclear threat is over, is a very small price to pay for U.S.A., and World, Saf...
China Scrambles As U.S Israeli Strike On Iran Upends Xi’s Middle East Strategy
National Review, Approved, National

China Scrambles As U.S Israeli Strike On Iran Upends Xi’s Middle East Strategy

By: Zineb Riboua | National Review The U.S.–Israeli military campaign has created palpable problems for China. The men in Zhongnanhai do not rattle easily. Decades of patient statecraft, a foreign policy built on studied ambiguity, and an economy engineered to absorb external shocks have granted Beijing’s leadership a remarkable tolerance for turbulence. Operation Epic Fury, the U.S.–Israeli military campaign now dismantling Iran’s military architecture, has produced something unusual in the corridors of Chinese power: visible confusion. Xi Jinping is scrambling — and that word is not used lightly. For a leader who has built his image on strategic composure and long-horizon thinking, Xi faces an acutely dangerous moment — not because China faces a direct military thr...
Global climate agenda unravels as nations retreat from costly commitments
GregWalcher.com, Approved, Commentary, National

Global climate agenda unravels as nations retreat from costly commitments

By Greg Walcher | Commentary, GregWalcher.com Over 70,000 people just left Belém, Brazil after attending the annual UN climate change party, called COP30 because it was the 30th annual “Conference of the Parties.” This year there were 56,118 delegates, appointed by governments who are parties to the 1992 UN Framework Convention on Climate Change. Besides the delegates themselves, there were over 14,000 observers, journalists, lobbyists, skeptics, protesters, and opponents of the entirely predictable recommendations. Those recommendations attempted to address four political issues. First, where COP recommendations used to be threats against all the industrialized countries, this year it devolved into a debate about whether such countries should even be asked to do better. Second, how ...

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