Russia’s main Baltic Sea ports, Ust-Luga and Primorsk, have been out of action for two weeks straight because of drone strikes that damaged key infrastructure. These ports normally handle most of Russia’s oil exports, but now refineries are scrambling to find backup routes. The attacks, which hit Us
An oil spill off the southwest coast of the Mediterranean didn’t just leave a dark slick on the surface—it quietly rewired the entire underwater food chain. Scientists tracked what happened to plankton, the microscopic plants and animals that power ocean life, over 18 days. Right after the spill, ti
Alaska’s state budget talks just got heated over how much money each resident should get from the Permanent Fund dividend—a yearly cash payout meant to share oil wealth. A key committee voted 6-5 to move forward with a plan that could send residents around $3, 800 each, but only if they dip deep int
The Strait of Hormuz is a narrow waterway where a fifth of the planet’s oil moves. Iran sits on one side and Oman on the other. For decades this choke point gave Iran almost no leverage over global trade, but that changed when war broke out in late February. Since day one, Iran’s Revolutionary Guar
Every year, olive oil factories leave behind piles of leftover plant material that many see as trash. But inside those dry leaves, sticky pomace, and murky wastewater hides a hidden goldmine of molecules that fight damage in our bodies. Instead of letting these by-products rot or pollute soil, resea
The House of Representatives in Alaska, on March 25 1976, passed a change to the state constitution that would later become known as the Permanent Fund. The vote was 36‑1, with only one legislator opposing it. That single “no” came from Nels Anderson of Dillingham, who feared the state’s pipeline wo
In Alaska, people have long asked oil companies to share more of the money they make. Each time a new bill is introduced, the same argument pops up: “If we tax you, you’ll leave. ” The companies say this and the politicians often listen. The claim is simple and scary. If taxes rise, oil firms wil
A single trader just made a bold $80 million bet that Bitcoin will fall while oil prices will rise. This trader used Hyperliquid, a decentralized exchange, to take a huge short position on Bitcoin and a long position on Brent crude oil. The bet relies on a 7x leveraged contract, meaning small price
Venezuela’s government is making a move to take back control of Citgo, its prized U. S. oil company, but it’s not as simple as just appointing new leaders. The Trump-appointed interim president, Delcy Rodriguez, wants to replace Citgo’s current board—chosen by Venezuela’s opposition back in 2019—but
A week after Britain’s Prime Minister told the armed forces it could board Russian ships that violate sanctions, data shows at least 25 of those vessels still travel through UK coastal waters. The move was meant to push the ships onto longer routes, but the numbers have not dropped. The UK has list
