The news. The narrative. The timeline.
Bureau: London
X reads thinned Hormuz traffic and dark AIS tracks as a blockade and an insurance collapse; the Lloyd's market says war cover repriced, never vanished, and 88% of hull syndicates still want the risk.
X reads gigawatts of data-center requests as a settled AI boom or a coming blackout; ERCOT and PJM screen out the speculative, and one project can sit in two queues at once.
X turns one flooded underpass into a regional catastrophe, but the rainfall outlook grades flash-flood odds by the mile and refuses to let a tornado clip stand in for a flood.