Oil is above $100 dollars as the Strait of Hormuz disruptions squeeze supply

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Oil remains above $100 dollars a barrel as attacks around the Strait of Hormuz slash Gulf crude flows.
Brent traded near $108.14, while WTI held above $100.54, keeping U.S. fuel prices and inflation risks elevated.

U.S. plans to restart 3 nuclear plants with $4.4 billion dollars in federal loans, restoring 2.25 for data centers.

Venture Global signed deals for 16 power units that could support 10 gigawatts of computing capacity, targeting major off-grid electricity for AI data centers and LNG operations.


#hormuz #wti #brent #oil #nuclear