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EPA Administrator says the US is proposing to rescind all major greenhouse gas emission standards for all power plants

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The EPA Administrator announced a proposal to rescind all major greenhouse gas emission standards covering all power plants across the United States.

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Geopolitics

IRGC Navy says the Strait of Hormuz is closed and remains under the control of the IRGC Navy, reports Tasnim; The supertanker "Algaya", which was attempting to pass through the restricted area south of the Strait of Hormuz, exploded after hitting a mine

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Citi (C) expects FY DOTCE to finish a bit above the 11% top end of its 10-11% guidance range

CGeopolitics

Iran's Rezaee says don’t get distracted by US President’s mixed signals from no negotiations to we’re ready to talk, stakes around oil and straits have changed, damage control won’t stop what’s coming, no talks until Iran's conditions are met period!