Author: franperez66q@protonmail.com

Three supertankers from Saudi Arabia loaded with 6 million barrels of oil have crossed the Strait of Hormuz, according to data from the global trade intelligence firm Kpler. The Saudi tankers switched their transponders on Thursday in the Gulf of Oman after hiding their location for more than two months. The crossings come after President Donald Trump and Iranian President Masoud Pezeshkian signed a deal Wednesday that is supposed to reopen Hormuz. Vice President JD Vance told reporters later Thursday that more than 12 million barrels of oil passed through Hormuz overnight. “That is a high since the beginning of…

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People pass by The Spheres in downtown Seattle, Washington, on June 25, 2025. Juan Mabromata | AFP | Getty ImagesA group of Amazon engineers said they’re being investigated by the company after they criticized the breakneck expansion of artificial intelligence data centers and called for stronger government regulation. Earlier this month, five Amazon employees testified at Seattle City Council meetings where officials sought public feedback on a year-long pause on the construction of new large-scale data centers to give the city time to regulate the projects. Seattle passed the moratorium in a unanimous vote on June 9.The employees criticized the…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.SpaceX has hit out at the EU’s plan to restrict access to its satellite spectrum, saying the move risks poorer connectivity in Ukraine where its Starlink service has been critical to communications since Russia’s full-scale invasion.In a document shared with European officials and seen by the FT, SpaceX said: “The proposal creates a significant likelihood that Europeans will be left without direct-to-device satellite services or that new European operations will create global interference problems, including to emergency services like those in Ukraine.”The…

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Fomer US president Barack Obama and his wife Michelle Obama arrive at the opening of the Barack Obama Presidential Center in Chicago.Kent Nishimura | Afp | Getty ImagesFormer President Barack Obama opened his long-awaited presidential center in Chicago on Thursday, drawing a who’s who of former presidents, dignitaries, celebrities and musical performers to an invite-only dedication ceremony on the city’s South Side.The Obama Presidential Center, a $850 million campus more than a decade in the making, officially opens to the public Friday. Thursday’s ceremony featured guests such as Oprah Winfrey, Steven Spielberg, Stephen Colbert and Tom Hanks, with performances from…

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Three months ago, during a flashy event at its Washington, DC, headquarters, NASA announced that it was shifting the focus of its lunar plans from an orbital space station to a Moon base on the surface. As part of this, officials said work would be paused on the Lunar Gateway planned to orbit the Moon. Of the two elements that were furthest along, NASA also revealed that one of them—the  Power and Propulsion Element—would be repurposed to serve as a core module for a nuclear-electric propulsion demonstration in deep space. Less was said about the fate of the other major…

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Next week’s inflation data just got even more important after the latest Federal Reserve meeting. Next Thursday’s release of the Fed’s preferred inflation gauge follows this week’s FOMC meeting that marked a sea change for the central bank. After new chairman Kevin Warsh signaled a more hawkish direction than investors were anticipating from the Trump appointee — the former Morgan Stanley banker famously said “inflation is a choice” — stocks pulled back, the bond market came under pressure and short-term yields pushed higher. On Wednesday, the yield on the 2-year Treasury — sensitive to short-term Fed policy — spiked more…

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