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Daily Energy Update: Strait of Hormuz Traffic Returns, FERC Issues New Grid Rules
Traffic through the Strait of Hormuz has increased to over 12.5 million barrels, the highest since the conflict began, as the U.S. lifts its naval blockade. The Federal Energy Regulatory Commission has issued new directives for connecting data centers to the grid, while the National Science Foundation has reversed plans to dismantle ocean monitoring systems. Additionally, the UN is seeking funds to assist those affected by El Niño weather patterns.
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JD Vance
Laura Swett
Brett Guthrie
Lisa Murkowski
Jeff Merkley
Our neutral summary
Traffic through the Strait of Hormuz has increased to over 12.5 million barrels, the highest since the conflict began, as the U.S. lifts its naval blockade. The Federal Energy Regulatory Commission has issued new directives for connecting data centers to the grid, while the National Science Foundation has reversed plans to dismantle ocean monitoring systems. Additionally, the UN is seeking funds to assist those affected by El Niño weather patterns.
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