As the U.S. paves the way for a nuclear renaissance to power the AI data center boom, the next frontier is building small nuclear reactors offshore to power coastal facilities and merchant ships. Strangely, the momentum could begin in California, a state that banned building new nuclear plants 50 years ago. This summer, the Port
President Donald Trump has reversed his threat to impose a 20% tariff on all cargo transportation through the Strait of Hormuz, as the United States fights to break Iran’s control over the waterway. He said the toll would be replaced by trade and investment deals with Gulf states, just hours before the United States resumes
In Trump’s Truth Social post on Monday, he insisted that the strait “will remain OPEN, with or without Iran.” “From now on, the United States will be known as “THE GUARDIAN OF THE STRAIT OF HORMUZ,” but as such, and as a matter of JUSTICE, it will be reimbursed, at a rate of 20% of