BRENT CRUDE HITS $115 AMID MIDDLE EAST ATTACKS!
Oil and natural gas prices spiked Thursday, as Iran ramped up strikes on energy infrastructure across the Middle East and attacked one of the world’s most important liquefied natural gas (LNG) facilities in Qatar.
Brent crude, the global oil benchmark, extended the previous day’s gains, rising nearly 8% to $115 a barrel. On Wednesday, Brent settled at $107.38 a barrel, its highest closing level since mid-2022. WTI, the US benchmark, rose around 1% to $96 a barrel.
In Europe, benchmark natural gas prices surged 24% and have now more than doubled since the war began on February 28.
QatarEnergy said Wednesday that its Ras Laffan LNG hub had sustained “extensive damage,” after being attacked by Iranian missiles twice in 12 hours. Ras Laffan is the largest LNG facility in the world, according to the International Energy Agency.
📰 Via Cnn
On the morning of June 22, 1918, a locomotive pulling empty passenger cars rear-ended the Hagenbeck-Wallace circus train near Hammond, Indiana. The wreck and subsequent fire—likely ignited by the oil lamps in the circus train's wooden sleeping cars—resulted in 86 deaths and 127 injuries. Most of the dead were buried five days later in a nearby cemetery, their graves marked with nicknames like "Baldy" and "Smiley" since many bodies could not be formally identified. What caused the collision?
Drafted into the German army at age 18, Remarque served in World War I and was wounded several times. From his experience of trench warfare, he drew a grimly realistic picture of the horror of battle in his first novel and masterpiece, All Quiet on the Western Front. It was an immediate international success, and Remarque went on to write several other novels. All Quiet on the Western Front was later burned by the Nazis, who guillotined which of his family members in 1943?
This holiday in
In addition to establishing the foundations of classical mechanics and introducing his law of universal gravitation, Isaac Newton's 1687 text The Mathematical Principles of Natural Philosophy explored his rotating bucket argument, which has been studied by scientists for centuries. In it, he opposed the dominant view of motion—devised by Rene Descartes—that space is actually the extension of matter. How did Newton use a hypothetical bucket to try to make his point?
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