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News & Articles By Sterling Ashworth
08/21/2026
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By Sterling Ashworth
£320 Billion Bill: The True Cost of Britain’s Clean Power Gambit
A new report states that the United Kingdom’s clean power program will cost £320 billion by 2030, according to the report’s authors. The program, led by Energy Secretary Ed Miliband, is intended to make the U.K.’s electricity system carbon-free by 2030. The report said the figure exceeds previous government estimates. The total includes wind, solar, […]
08/19/2026
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By Sterling Ashworth
IATA: Middle East Airlines Projected to Post $4.3B Net Loss in 2026
Airlines operating from the Middle East are projected to post a $4.3 billion net loss in 2026, a swing from a $7.2 billion net profit in 2025, according to the International Air Transport Association’s (IATA) June outlook as reported by Middle East Eye (MEE) [1][2]. The forecast follows the Feb. 28, 2026, air strikes launched […]
08/19/2026
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By Sterling Ashworth
U.S. Quietly Builds New Energy Foothold in Iraq With LNG Terminal
The United States is establishing a new energy presence in Iraq through a project led by Excelerate Energy, a U.S.-based firm, to build the country’s first liquefied natural gas (LNG) import terminal. According to project details, the terminal will be located at the Port of Khor Al Zubair and is expected to begin operations in […]
08/18/2026
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By Sterling Ashworth
Iran Stands Firm on Strait of Hormuz as Trump Warns Americans of Higher Gas Prices
Iran’s Deputy Foreign Minister Kazem Gharibabadi said early Saturday that the Strait of Hormuz “will be opened and closed only under Iran’s command” and that Tehran would keep enforcing its blockade until Washington accepts “the reality of defeat,” according to his post on X. The statement reflected a broader Iranian calculation that military pressure can […]
08/14/2026
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By Sterling Ashworth
Gasoline Prices Hold Near $4 Per Gallon as Iran Conflict, Refining Issues Hit Supply
The U.S. national average for a gallon of regular gasoline has held near $4 as the war with Iran disrupts shipping through the Strait of Hormuz and refiners contend with tightening supply, according to industry data. As of Aug. 3, the average for 87-octane gasoline stood at $4.09, marking the second consecutive week above the […]
08/10/2026
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By Sterling Ashworth
China Expands World’s Largest Rare Earth Mine by 50% with $74M Investment
China is expanding the Bayan Obo rare earth mine in Inner Mongolia by 50% with a $74 million investment, according to project details published by China Northern Rare Earth Group (CNREG). The project is intended to increase ore processing capacity at the site, the company said. Bayan Obo is listed in official records as the […]
07/30/2026
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By Sterling Ashworth
Japan finds heavy rare earths dominate seabed deposit near Minamitori Island
Japan discovers seabed deposit rich in heavy rare earths Japan announced that medium and heavy rare earth elements account for about 54% of the rare earth content in deep-sea mud recovered near Minamitori Island, according to Japanese officials. The government-backed vessel Chikyu recovered approximately 50 tonnes of mud from a depth of about 6 km […]
07/27/2026
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By Sterling Ashworth
Gold and Silver Prices Plunge as Middle East Conflict Drives Oil Toward $100
Gold and silver prices fell sharply on July 23 as escalating Middle East hostilities pushed crude oil toward $100 per barrel and hardened expectations that the Federal Reserve will resume raising interest rates, according to market data. Comex gold for August delivery traded at $4,059.50 an ounce (oz), down 2.4% from the previous close, after […]
07/27/2026
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By Sterling Ashworth
Lithium Prices Hit Five-Month Low as Mine Restarts Fuel Oversupply Concerns
Lithium carbonate prices on the Guangzhou Futures Exchange reached a five-month low this week as the restart of idled mine capacity in China triggered fears of a global supply surplus, according to a report by Alex Kimani for Oilprice.com. The price decline, which follows a sharp drop in late June, has erased nearly all the […]
07/24/2026
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By Sterling Ashworth
U.S. Gasoline Prices Climb Back Above $4 Per Gallon Amid Middle East Conflict
The national average price for a gallon of regular gasoline in the United States climbed back above $4 on July 20, 2026, according to American Automobile Association data. The average stood at $4.0030, marking a return to a level that analysts describe as a politically sensitive threshold for American consumers. [6] The increase followed a […]
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