Oil & Gas
Fighting intensifies across Yemen as humanitarian crisis deepens
Fighting between government forces and Houthi fighters has intensified across multiple fronts in Yemen amid a spiralling humanitarian crisis. Eight soldiers loyal to the internationally recognised Yemeni government were killed during heavy clashes on the al-Maqatirah front in Lahij governorate, the government-affiliated Tur al-Bahah military axis said in a statement on Saturday. Elsewhere in Taiz, government forces said they broke a Houthi attack on the al-Shaqab front, while government-aligned Homeland Shield Forces reported destroying a Houthi supply vehicle with a drone in al-Wazziyah. The Southern Giants Brigades also said they targeted Houthi positions with precision strikes in al-Madaribah, near the Lahij border. Meanwhile, government troops and allied Popular Resistance fighters pressed ahead with their offensive in al-Jawf and Marib. Military officials reported using artillery barrages and drone strikes against Houthi military positions, barracks and troop assemblies in al-Jawf, while coalition aircraft bombed Houthi command hubs and supply depots.
US inflation rises more than expected ahead of midterm elections
US inflation rose by more than expected in the year to September, according to official figures, in the final data release before the midterm elections next month. The pace of price rises increased to 3.7%, up from 3.4% in the 12 months to August. Inflation was above forecasts, driven by higher gasoline prices which have spiked following disruption to Middle East energy supplies due to the US-Israel conflict with Iran. The elections are being fought over cost of living pressures across the US. Inflation is the rate at which the price of products or services increase over time.
The Politics of Solar Energy Are Getting Weird, Mean, and a Little MAGA
A mysterious super PAC that doubles as a pro-solar energy outfit is funding some of the most knives-out attack ads of the midterms season. A mysteriously named political action committee has started running ads reminding voters in Colorado about that time GOP representative Lauren Boebert of Colorado and her date were caught on camera in 2023 getting handsy during a performance of the musical Beetlejuice . That same PAC is producing a spot hitting Anthony Constantino, a Trumpist congressional candidate in upstate New York, because someone used his sticker-printing company to briefly make stickers that read, " Kill the Police ." Attack ads are everywhere in the last month ahead of November's election. But these spots are a little different.
Everyone Hates 'Digger.' It's the Perfect Climate Movie
The deeply uncomfortable film forces audiences to confront what types of stories we tell ourselves about who has economic and political power. Should you see a Looney Tunes-esque satire that stars Tom Cruise in prosthetics portraying a loud caricature of an American oilman, that's currently on track to be one of the biggest box-office failures of all time? Absolutely yes--and it's a movie that rewired my expectations of what a movie about climate change should be. The deeply uncomfortable film forces audiences to confront what kind of characters we're the most comfortable making into climate villains . The film stars Tom Cruise as Digger Rockwell, an oil billionaire who only wears cowboy boots and lives in a mansion covered in antlers and polar bear skin rugs. At the start of the film, one of Digger's oil-drilling platforms accidentally causes a massive iceberg to break loose, resulting in a huge methane leak.
How Trump's Policies Are Testing Farmers' Loyalty Ahead of Midterms
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They War-Gamed Dimming the Sun. It Went Even Worse Than You Think
Solar geoengineering could buy humanity time against climate change--or trigger a dangerous new arms race. A first-of-its-kind simulation offered a glimpse of what happens when geopolitics takes the wheel. When it comes to deciding the fate of the planet, Colleen Golja always thought science and reason would have a seat at the table. That was until one morning last September in London, when the climate researcher took part in the first in a series of war games. The goal: to prevent an uncontrolled global race to develop a technology aimed at cooling the planet but that comes with vast, unknown risks that could reshape life on Earth. "I thought that would be such an easy thing. Like, we can all agree to do ethical research and make sure it's for the better of all humans," she told WIRED.
Trump announces deal for Russian diesel as Zelensky criticises 'gift to Putin'
Trump announces deal for Russian diesel as Zelensky criticises'gift to Putin' US President Donald Trump says he has reached an agreement with Russian President Vladimir Putin allowing Moscow to immediately release diesel into the global market. He said Putin had agreed to release 300,000 tonnes of diesel immediately, followed by 500,000 tonnes in November and another million after that. Diesel Prices for Americans and, indeed, the World, will be COMING DOWN, IN RECORD NUMBERS, AND FAST! Trump wrote on Truth social. An envoy to Putin welcomed the deal, but Ukraine's president said any easing of sanctions on Russia played into Moscow's hands and would prolong a war that must be ended. Diesel prices in the US have doubled since the war with Iran began in February, putting pressure on Republicans ahead of the midterm elections over the rising cost of living.
US stock market hits all-time high as investors bet big on AI
The United States stock market has hit an all-time high as excitement around artificial intelligence continues to fuel a buying frenzy on Wall Street. The S&P 500, the benchmark stock index, closed 0.58 percent higher on Tuesday, topping the previous peak reached in mid-August. Tech stocks were among the top performers, with each of the "Magnificent Seven" apart from Meta closing higher. Amazon led the pack with a 1.95 percent gain, followed by Microsoft and Tesla, which rose 0.78 percent and 0.51 percent, respectively. Apple and Alphabet both rose 0.22 percent, while Nvidia gained 0.14 percent.