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A House Democrat with a background in physics is sounding the alarm over what he views as a lack of a plan to deal with Iran’s nuclear sites during the U.S. offensive campaign.

After a classified briefing Tuesday with top administration officials, Rep. Bill Foster, D-Ill., said lawmakers were not presented with a clear plan to secure or neutralize Iran’s stockpile of enriched uranium.

‘We have heard that they never had a plan for that nuclear stockpile of enriched uranium — to destroy that, to seize it or to put it under international inspection,’ he

The U.S. intervention was publicly justifiedby the Trump administration as a necessary step to stop Iran from developing a nuclear weapon. 

U.S. forces have struck more than 1,700 targets across Iran, including ballistic missile launch sites, air defenses, naval assets and command centers. Core nuclear facilities, however, have not been among the primary targets.

‘Until that happens, Iran will be very, very close to making — as many observers have pointed out in a nonclassified situation — Iran can use that material to make a handful of Hiroshima-style nuclear devices,’ Foster told Fox News Digital. ‘Not the sort you can put on a missile, but the sort you can deliver by a number of other ways and are very hard to stop.’ 

Foster was referring to Iran’s stockpile of highly enriched uranium, material that, if weaponized, could be used to build a nuclear explosive device.

Experts note that building a compact warhead that fits on a ballistic missile is technically complex and requires advanced engineering. But a simpler, larger nuclear device — similar in basic concept to the bomb the U.S. dropped on Hiroshima, Japan, in 1945 — would not need to be miniaturized to fit on a missile. Such a device could not be delivered by long-range rocket but could theoretically be transported by other means.

Foster argued that containing Iran’s nuclear materials, most of which are buried deep underground, would likely require U.S. forces to enter Iran.

Recent satellite imagery shows damage to support buildings and access points at Iran’s Natanz enrichment site, though the deepest underground infrastructure at key nuclear facilities has not been confirmed as a primary target in the current campaign.

U.S. and international officials previously have acknowledged that while strikes can damage enrichment infrastructure, stockpiled enriched uranium stored underground may remain intact and potentially retrievable unless physically secured or removed.

‘You have to go in there with boots on the ground and grab a bunch of equipment,’ Foster said. ‘You have to go underground into those facilities and lose a lot of soldiers’ lives doing that.

‘They’re unwilling to do that, or they’ve decided not to or they’ve decided it’s impossible. In any case, they did not present to us any plan that would actually get the material under control.’

Without securing the nuclear material, he argued, military operations may push Iran closer to a nuclear weapon than diplomatic negotiations would have.

‘The only positive thing about the ayatollah is that he had a fatwa against building nuclear weapons,’ Foster said. ‘Who knows what the next generation of ayatollahs are going to feel? They’re going to be under a lot of pressure from the IRGC, which was not so much against having a nuclear weapon.’

Ayatollah Ali Khamenei, who was killed in the joint U.S.-Israeli operations, had previously issued a fatwa, a religious edict, opposing the pursuit of nuclear weapons. Analysts have long debated how binding or durable that ruling was.

At a White House briefing Wednesday, press secretary Karoline Leavitt said the administration believes Iran ‘wanted to build nuclear weapons to use against Americans and our allies,’ framing the strikes as necessary to prevent Tehran from advancing its nuclear ambitions.

Missile suppression strategy faces ‘math problem’

Senior administration officials have emphasized that the current phase of the campaign is aimed at dismantling Iran’s ability to project force with missiles, drones and naval assets. 

Defense Secretary Pete Hegseth has highlighted strikes on Iran’s ballistic missile systems, air defenses and naval capabilities, describing the effort as a push to degrade the conventional tools Tehran uses to threaten U.S. forces and regional allies. 

Secretary of State Marco Rubio similarly has said the United States is working to ‘systematically take apart’ Iran’s missile program, so it could not ‘hide behind’ it to develop a nuclear weapon. 

While the broader justification for intervention centered on preventing a nuclear-armed Iran, the most immediate threat facing U.S. troops and partners has been Iran’s ongoing missile and drone launches. Administration officials contend Iran’s missile buildup was meant to create a deterrent buffer, shielding its broader strategic ambitions, including its nuclear program, from outside attack.

Lawmakers emerging from classified briefings said the campaign has become, in part, a question of sustainability.

‘We do not have an unlimited supply,’ Sen. Mark Kelly, D-Ariz., said of U.S. and allied interceptor inventories. He warned the conflict could become a ‘math problem,’ balancing launch volumes against finite air defense munitions and the ability to replenish them without weakening readiness in other theaters.

‘At some point — and we’re probably already in this — this becomes a math problem,’ Kelly added.

He said he pressed defense officials on how interceptor stocks are being replenished and whether diverting munitions to the Middle East could strain U.S. readiness elsewhere.

‘How can we resupply air defense munitions? Where are they going to come from? How does that affect other theaters?’ he said. ‘The math on this currently seems to be an issue.’

Sen. Andy Kim, D-N.J., said he also sought clarity on interceptor inventories but did not receive detailed answers.

‘I am very concerned about that,’ Kim said. ‘I did not get any specificity today. … Something akin to ‘trust us’ is not good enough for me.’

Republicans, however, pushed back on the notion that interceptor supplies are strained. 

Sen. Markwayne Mullin, R-Okla., said officials told lawmakers U.S. forces are ‘in great shape,’ dismissing concerns about shortages.

Ehud Eilam, a former Israeli defense official and national security analyst, said that while a nuclear weapon remains the most serious long-term threat, missile and drone systems pose the most immediate danger if intelligence assessments conclude Iran is not on the verge of assembling a device.

‘As long as it is estimated Iran cannot produce a nuclear weapon soon, then the focus moves to missiles and drones,’ Eilam said, noting that ballistic missiles would ultimately be required to deliver any future nuclear warhead. Suppressing mobile launchers, crews and command networks can reduce Iran’s firing tempo, conserving interceptor supplies while degrading Tehran’s broader military capacity, he said.

The concern is not theoretical. 

During the intense June 2025 Iran–Israel conflict, U.S. forces reportedly fired more than 150 Terminal High Altitude Area Defense interceptors, roughly a quarter of the global inventory, along with large numbers of ship-based Standard Missile interceptors to shield allies. 

Analysts note that replenishing high-end air defense systems such as Patriot, THAAD and SM-3 interceptors could take more than a year under current production rates.

The Pentagon also is balancing competing demands. The same missile defense systems used to protect U.S. bases and Gulf partners are being supplied to Ukraine to defend against Russian cruise missile attacks, creating what some analysts describe as a ‘zero-sum’ competition for inventory between Europe and the Middle East.

‘There is a limit to how many THAAD missiles can be used,’ Eilam said. ‘These are not systems you can reproduce overnight.’

The White House and Pentagon could not immediately be reached for comment. 

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Every year around this time, Jews read the ancient Scroll of Esther and remember a Persian courtier named Haman who plotted ‘to destroy, to kill and to annihilate all the Jews’ of the empire in a single day. The story feels less like distant history and more like a chilling parallel to our present reality, because, once again, a regime in Persia — today’s Islamic Republic in Iran — openly dreams of annihilation and domination, with Jews as a central target but far from the only ones.

The holiday of Purim is often presented as a children’s tale of costumes and noisemakers, but at its core is a political battle between good and evil. A powerful ideologue identifies a people as an intolerable obstacle to his vision, secures state power behind his hatred and issues a bureaucratic death sentence. It takes courage, unity and a willingness to fight back to stop this brutal plot. Replace scroll and signet ring with rockets and proxies, and you have the worldview of today’s Iranian regime toward Israel, the United States and now, several neighboring Persian Gulf States.

When Hamas stormed Israeli communities on Oct. 7, murdering, raping and kidnapping civilians, it did not act in an ideological vacuum. Hamas has long relied on Iran’s regime for training, funding and supplying weapons.

The terror group sits within a wider ‘axis of resistance’ Tehran has painstakingly built around Israel and across the region. Whether or not Tehran signed off on the exact timing, the regime has spent decades forging a regional ‘ring of fire,’ including Hamas in Gaza, Hezbollah in Lebanon, militias in Syria and Iraq, the Houthis in Yemen, explicitly to make good on its promise that Israel is a ‘cancerous tumor’ to be removed and that American power in the Middle East must be driven out.

But in the 21st century, the Iran regime’s war is not only against Jews and not only fought with rockets and drones. It is fought with code, cameras and carefully crafted narratives aimed at Israelis, Arabs, Americans, Europeans, dissident Iranians and anyone who stands in the way of the regime’s revolutionary project. The regime has developed a sophisticated influence apparatus that uses botnets, fake personas and social media influencers to shape how global publics understand the conflict and how free societies see themselves.

Investigations have exposed networks of inauthentic accounts on X, Facebook, Instagram and Telegram pushing divisive, demoralizing content at scale. In one documented campaign, bots flooded Hebrew‑language discourse with tens of thousands of posts in under two days, amplifying internal Israeli divisions and sowing panic about the fate of hostages. Other operations have impersonated Israelis, Americans and Europeans online, pushing narratives that call for Western retreat, civil conflict and the abandonment of allies from Israel to Ukraine.

This is not the random trolling we’ve seen for years. It is state‑directed information warfare intended to achieve strategic goals, including to weaken Israeli morale, to crush the Iranian opposition, to fracture Western support, and to invert victim and aggressor in the eyes of the world. When regime‑linked operations amplify incendiary content about ‘Zionist control,’ repackage anti‑Jewish conspiracy theories as anti‑Israel ‘anti‑colonialism,’ and simultaneously smear Iranian dissidents as foreign agents, they are targeting anyone who challenges Tehran’s ambitions.

The West should recognize how a hostile regime is using every tool, including terror proxies abroad, repression at home, campus activism in the West, and algorithm‑hacking online to delegitimize democratic allies and normalize violence against minorities and dissidents. The same regime that arms Hamas and Hezbollah also guns down women removing their headscarves in Tehran, supplies drones to Russia for use in Ukraine and threatens Persian Gulf Arab states that dare to work openly with Israel. The ideological hatred that animated Haman has simply been updated and universalized.

That is why this Purim, we can all be considered like the Jews who were in the regime’s crosshairs in the sense that the story demands a vulnerable minority singled out by a power that cannot tolerate their existence, ordered to bow and vanish for the sake of someone else’s totalizing ideology. To stand with Israel after Oct. 7 is not to ignore other victims of Iran’s regime; it is to understand that the same system that dreams of erasing the Jewish state also dreams of crushing Americans, Europeans, Sunni Arabs, women on the streets of Mashhad, Shiraz or Esfahan, and students on Western campuses who refuse to chant its slogans.

Purim ends with the intended victims standing up, fighting back and surviving. For Israel and the Islamic Republic’s other targets to do the same today, free nations must be willing to confront the regime across all fronts: degrade its military capabilities, defeat its terror proxies on the battlefield, support its domestic dissidents, harden our information space against manipulation and deny Tehran the impunity it has enjoyed for far too long. The lesson of the Scroll of Esther is not parochial. It is that when a regime builds its identity around annihilation, indifference is complicity and by the time the decree reaches your own door, it may be too late.

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Secretary of State Marco Rubio delivered one of his bluntest defenses yet of President Donald Trump’s strikes on Iran Tuesday, sharply rejecting criticism and describing the regime as ‘lunatics’ as he argued the president acted at the right moment to prevent Tehran from obtaining a nuclear weapon.

‘Let me explain to you guys this in simple English, okay? Iran is run by lunatics, religious fanatic lunatics,’ Rubio told reporters.

‘They have an ambition to have nuclear weapons,’ Rubio said. ‘This is the weakest they’ve ever been. Now is the time to go after them.’

Rubio said Trump made the ‘right decision’ to dismantle Iran’s military capabilities before they could shield a nuclear program.

‘The president made the decision to go after them, take away their missiles, take away their navy, take away their drones … so that they can never have a nuclear weapon,’ Rubio said.

He acknowledged ‘there will be a price to pay,’ but argued it would be far lower than allowing Iran to become nuclear-armed.

‘That is a much lower price to pay than having a nuclear armed Iran,’ he said.

Rubio grew visibly sharper when pressed on whether Israel dictated the timing of the operation.

‘Your statement is false,’ he told one reporter who suggested the U.S. acted because Israel was about to strike.

Rubio confirmed Monday that Israel was prepared to act independently.

‘We knew that there was going to be an Israeli action. We knew that that would precipitate an attack against American forces,’ Rubio said. ‘And we knew that if we didn’t preemptively go after them … we would suffer higher casualties.’

He emphasized Tuesday that the decision ultimately rested with President Donald Trump.

‘The president determined we were not going to get hit first,’ Rubio said. ‘If you tell the president of the United States that if we don’t go first, we’re going to have more people killed and more people injured, the president is going to go first.’

Speaker Mike Johnson, R-La., said after a classified briefing that Israel was ‘determined to act … with or without American support,’ and that U.S. officials concluded ‘a coordinated response was necessary.’

‘I am convinced that they did the right thing,’ Johnson said.

Despite Rubio’s harsh rhetoric toward Iran’s clerical leadership, administration officials have emphasized that the mission is not aimed at overthrowing the regime but at dismantling its military capabilities.

Rubio repeatedly framed the operation as focused on destroying Iran’s ballistic missiles, launchers, drone capabilities and naval assets.

‘Iran cannot have a nuclear weapon,’ he said. ‘It cannot have the things it was hiding behind to have a nuclear weapons program.’

So far, U.S. and Israeli strikes largely have targeted missile infrastructure and military facilities. Officials have not indicated that nuclear enrichment sites have been the primary focus of the campaign.

Some Democrats questioned whether the administration demonstrated an imminent threat to the United States.

‘There was no imminent threat to the United States of America by the Iranians. It was a threat to Israel,’ Sen. Mark Warner, D-Va., said after the briefing. ‘We equate a threat to Israel is the equivalent of an imminent threat to the United States. Then we are in uncharted territory.’

Sen. Chris Murphy, D-Conn., said after the classified briefing, ‘I have no idea what the objective is, and I didn’t get any additional clarity.’

Rubio brushed aside the criticism, predicting opponents would emerge from briefings claiming they ‘didn’t hear anything’ while insisting the administration complied with congressional notification requirements.

‘This is an action by the president to address a real threat,’ Rubio said. ‘The world will be a safer place when these radical clerics no longer have access to these weapons.’

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Iran postponed a planned farewell ceremony in Tehran for its late supreme leader, Ayatollah Ali Khamenei, who was killed Saturday in U.S.-Israeli strikes as part of Operation Epic Fury.

The three-day program was scheduled to begin Wednesday at 10 p.m. local time at Imam Khomeini Prayer Hall, where large crowds were expected to gather to pay their respects, according to Tasnim, a semi-official Iranian news agency. 

Hojjatoleslam Seyed Mohsen Mahmoudi, head of the Islamic Propaganda Coordination Council of Tehran Province, said the postponement followed widespread requests to participate and the need to provide adequate infrastructure and facilities to accommodate attendees.

‘It was decided to hold the ceremony at a more appropriate time,’ he explained.

No additional reason for the postponement was given, and it was not immediately clear when the ceremony would be rescheduled.

Israel’s Defense Minister Israel Katz warned Iranian leadership in a post on X that any successor who tries to ‘destroy Israel, to threaten the United States and the free world and the countries of the region, and to suppress the Iranian people’ will be an ‘unequivocal target for elimination.’

‘It does not matter what his name is or the place where he hides,’ Katz said.

The funeral of Ayatollah Ruhollah Khomeini, the founder of the Islamic Republic of Iran, drew massive crowds in the country’s capital on June 11, 1989, with an estimated 10.2 million people in attendance, roughly one-sixth of the nation’s population at the time. 

According to Guinness World Records, it drew the largest percentage of a population ever recorded at a funeral.

Khamenei’s death triggers a closely watched succession process overseen by Iran’s Assembly of Experts, the clerical body responsible for appointing the supreme leader.

‘The IRGC is a key stakeholder in this process, and will heavily influence its outcome,’ Jason Brodsky, policy director at United Against Nuclear Iran, told Fox News Digital.

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SSR Mining (NASDAQ:SSRM,TSX:SSRM,OTCPL:SSRGF) has agreed to sell its majority stake in the Çöpler gold mine in Turkey for US$1.5 billion in cash, shifting the company’s portfolio towards the Americas as the yellow metal continues to surge amid rising geopolitical tensions.

The Denver-based miner announced it has signed a binding memorandum of understanding to sell its 80 percent interest in the Çöpler operation and related assets to Cengiz Holding A.S., one of Turkey’s largest industrial conglomerates.

Under the terms of the agreement, the full US$1.5 billion purchase price will be paid in cash at closing, which is expected in the third quarter of 2026, subject to regulatory approvals and customary conditions.

“Over the last two years, we have worked diligently to progress the Çöpler mine to allow for a safe and responsible restart of operations,” SSR Mining executive chairman Rod Antal said. “We have also concurrently worked closely with the Turkey government authorities to address each requirement to secure the necessary approvals to restart operations.”

“We are also conducting a strategic review of our remaining platform in Turkey, including our 20 percent earned interest in the Hod Maden development project,” Antal added.

SSR Mining said the transaction, alongside its 2025 acquisition of the Cripple Creek & Victor mine in Colorado, is a deliberate shift toward an Americas-focused portfolio.

Cengiz Holding, the buyer, is a major Turkish industrial group with operations spanning mining, construction, energy, metallurgy, and chemicals.

The transaction requires a US$100 million deposit from Cengiz Holding, which will be credited toward the purchase price at closing. The agreement also includes a reciprocal break fee of US$50 million.

Either party may terminate the agreement upon payment of the US$50 million termination fee.

The deal comes during a period of heightened investor interest in gold, as geopolitical tensions in the Middle East push investors toward traditional safe-haven assets.

Gold prices recently surged close to record levels, climbing above US$5,400 per troy ounce at one point as escalating conflict involving Iran raised fears of a broader energy crisis.

Analysts say gold has benefited from a growing “global uncertainty premium” as investors reassess traditional defensive assets.

“We are seeing bonds again failing to provide protection against risk-off events, even as gold delivers,” Seb Barker, chief market strategist at hedge fund firm Marshall Wace, told the Financial Times.

At the same time, disruptions to global supply chains are adding another layer of volatility to the precious metals markets.

Dubai, which handles about 20 percent of the world’s gold trade, has seen logistics disruptions after air traffic was suspended following military strikes in the region.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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As the Middle East conflict escalates, many cruise passengers in the region have been left stranded, searching for ways to get home.

Celestyal Journey, Celestyal Discovery and MSC Euribia were all grounded in the last few days.

Thousands of passengers were on ships in the affected areas during the U.S.-Israeli strikes on Iran. Many of the vessels have been ordered to halt all activity, Fox News Digital has learned.

‘MSC Cruises is working continuously with airline partners in the region, particularly Emirates and Etihad Airways, to identify and secure return flights for our guests,’ MSC Cruises, headquartered in Geneva, told Fox News Digital in a statement. 

The highly limited number of flights is creating another layer of chaos.

‘We are requesting priority for our guests from our partners. At present, airlines [that are] operating flights have indicated that they will follow an order of priority based on the original flight date,’ MSC Cruises continued.

‘In order to speed up the repatriation, we are working on other options such as chartering flights from Dubai, Abu Dhabi or Muscat,’ the cruise company added.

‘Each evacuation presents a different problem set.’

Across seven major Middle East airports, the total cancellations exceeded 12,000 flights on Tuesday, according to TravelPirates.

‘Right now, the biggest danger is direct fire or debris from Iranian missiles and drones. Iran has targeted the airports and prominent hotels,’ Dale Buckner, a retired U.S. Army colonel and CEO of security firm Global Guardian, based in Virginia, told Fox News Digital.

‘Each evacuation presents a different problem set,’ Buckner continued. ‘One of the biggest challenges has been the chaos at the different UAE-Oman land crossings, where officials are overwhelmed by the influx.’   

At least six ships from four different companies were affected by the conflict in the region, according to Cruise Hive.

‘The situation on board remains calm. We are providing guests with regular updates on the situation,’ MSC Cruises said.

‘We are in constant contact with local authorities, embassies and foreign offices,’ the group added.

Celestyal Cruises, based in Athens, Greece, had two voyages scheduled to depart March 2.

‘We regret to inform our guests and travel partners that, in view of the current circumstances in the Middle East, the Celestyal Journey cruise scheduled to depart from Dubai on March 2, and the Celestyal Discovery cruise scheduled to depart from Abu Dhabi on March 2, have been [canceled],’ Celestyal said in a statement shared with Cruise Critic.

Celestyal Journey will stay in Doha until March 7, according to a statement made by the company on social media. Passengers have been told they can remain on board or disembark.

Celestyal Discovery passengers are not permitted to disembark in Dubai as of now.

‘Once disembarkation is approved, we will provide support to assist guests with transfers from the ship to Abu Dhabi Airport,’ the cruise line said.

Cruise passengers who were booked on the canceled voyages will receive a full refund or future credit.

Norwegian Cruise Line has vessels that travel to the Middle East, but there are no current sailings.

‘We are closely monitoring the evolving conflict in Iran and the broader region,’ a spokesperson for Norwegian Cruise Line told Fox News Digital.

‘We recognize that broader regional disruptions, including airline cancellations and airspace restrictions, may impact some guests’ ability to travel,’ the spokesperson continued.

‘Guests who are unable to reach their embarkation port due to airline-canceled flights related to these events will be eligible for a future cruise credit,’ the company added.

Dubai, which at one time was considered a safe haven in the region, has become a pressure point during a deepening conflict.

‘To date, the UAE has been targeted by around 1,000 Iranian munitions, including drones and ballistic missiles,’ Buckner said.

Kristy Ellmer, a consultant from New Hampshire, had been traveling in Dubai with her husband, Matt Carwell. 

She was promoting her upcoming book and taking time to relax with her husband. Everything changed Saturday.

‘We were just sitting on the beach,’ Ellmer told Fox News Digital in an interview. ‘All of a sudden, we felt explosions.’

Ellmer was originally scheduled to leave Dubai on Sunday night. She had flights canceled for Sunday, Monday and Tuesday.

She finally got onto a flight headed for Munich on Wednesday as part of her journey home. 

‘It was very calm’ at Dubai International Airport, she said. ‘It was clear where you needed to go.’

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President Donald Trump will host executives of major tech companies at the White House Wednesday afternoon to sign a pledge ensuring the tech giants protect Americans against higher electricity bills tied to data center power demand.

Google, Microsoft, Meta, Oracle, xAI, OpenAI and Amazon are expected to sign the Ratepayer Protection Pledge Wednesday afternoon, Fox News Digital learned. 

The pledge will have the companies agreeing to ‘build, bring, or buy new generation resources and cover the cost of all power delivery infrastructure upgrades required for data centers,’ the White House said.

The Trump administration has promoted the proliferation of artificial intelligence to keep the U.S. as the world’s tech leader, which has included the creation of new data centers and mounting concern energy prices could increase for everyday Americans. The pledge works to combat these concerns and protect Americans against spiking electricity bills. 

The pledge will also have the companies vow against passing expenses to American households.

It also commits companies to hiring and training talent from within communities where they build and operate data centers, which will create thousands of jobs and enhance workforce skills.

‘President Trump’s ratepayer protection pledge will deliver more affordable, reliable, and secure energy for the American people and help stop the rising electricity prices that started during the previous administration,’ Energy Secretary Chris Wright said ahead of the event. ‘This plan will strengthen American energy dominance, while also ensuring the United States wins the AI race.’

Wright added: ‘We will continue partnering with technology leaders to strengthen America’s competitive edge, while keeping energy costs low for hardworking families.’

Michael Kratsios, assistant to the president and director of the White House Office of Science and Technology Policy said Trump ‘continues to ensure the U.S. leads the world in AI while strengthening the grid and driving down energy costs for American families.’

As for the tech companies, Matt Garman, chief executive officer of Amazon web services, said they are signing the pledge ‘to reinforce our commitment to paying our full energy costs and ensuring our data centers do not increase electricity bills for consumers.’

‘We welcome the Administration’s leadership on this issue and support the pledge’s commitments, which establish a clear baseline to protect ratepayers while enabling responsible, long-term energy partnerships that strengthen the grid and the communities where data centers operate,’ he said.

Microsoft vice chair and president Brad Smith also touted the pledge, calling it an ‘important step,’ with Meta president and vice chair Dina Powell McCormick saying the pledge ‘ensures families aren’t the ones footing the bill for AI’s energy consumption.’ 

McCormick said the pledge ‘gives companies like Meta the certainty we need to keep up the momentum, ensuring that American AI dominance and the prosperity of American families go hand-in-hand.’

And Ruth Porat of Alphabet and Google said the pledge affirms the company’s ‘long-held commitment to protect energy affordability for American households, accelerate breakthroughs to secure America’s energy future, and deliver energy infrastructure – all of which are critical to maintaining America’s global leadership in this era of innovation.’

‘Building the infrastructure to advance AI is vital for America’s economic competitiveness and for ensuring the benefits of AI reach everyone,’ OpenAI chief operating officer Brad Lightcap said. ‘As demand for AI continues to grow, we believe the infrastructure that enables AI should benefit the communities that make it possible, and that’s why we’re proud to support the White House’s Ratepayer Protection Pledge.’

The White House said the pledge will contribute to ‘lower electricity costs, stronger grid infrastructure, and enhanced grid resilience during emergencies.’

The president announced the Ratepayer Protection Pledge during his State of the Union address in February. 

‘Tonight, I’m pleased to announce that I have negotiated the new ratepayer protection pledge,’ he said. ‘You know what that is? We’re telling the major tech companies that they have the obligation to provide for their own power needs.’

‘We have an old grid,’ he said. ‘It could never handle the kind of numbers, the amount of electricity that’s needed. So I’m telling them, they can build their own plant. They’re going to produce their own electricity. It will ensure the company’s ability to get electricity, while at the same time, lowering prices of electricity for you.’ 

The AI race has pitted the U.S. against China as tech leader, with the Trump administration amplifying efforts to not cede ground to the Asian nation since January 2025. Texas, Louisiana and Pennsylvania are among states seeing expanded data center campuses and AI growth. 

A White House official previously told Fox Digital that the president and administration have been working on the initiative for a while, including Trump posting about the issue on Truth Social in January. 

The pledge comes as affordability concerns continue to be a top issue for voters heading into the midterm election season. Democratic candidates in just a handful of races in the off-year 2025 cycle campaigned on promises of lowering costs for everyday Americans, which proved to be a winning strategy on election night. 

Trump has consistently pushed back on Democrats promoting affordability, pointing to sky-high inflation under the Biden administration as evidence that liberal policies have left Americans’ pocketbooks with less cash. 

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Turkey’s Defense Ministry said on Wednesday that a ballistic missile launched from Iran towards its airspace was intercepted by NATO defense systems, marking a first in the conflict with Iran. A senior NATO military official confirmed to Fox News Digital that the alliance conducted the interception.

Turkey’s Head of Communications Burhanettin Duran said that the missile was detected after it crossed into Iraqi and Syrian airspace before it was intercepted by NATO units in the eastern Mediterranean.

‘Turkey’s resolve and capacity to ensure the security of our country and our esteemed nation remain at the highest level. All necessary steps to defend Turkish territory and airspace will be taken without hesitation,’ Duran said in a statement posted on X, adding that the country’s response to ‘any potential hostile acts’ would be in accordance with international law.

‘We reiterate our warning to all parties to refrain from steps that could escalate tensions in the region and lead to the spread of the conflict to a wider area. It is of great importance that all parties act with a sense of responsibility,’ Duran added.

Turkey’s Defense Ministry issued a similar warning, saying that ‘Every step taken to defend our territory and airspace will be taken resolutely and without hesitation.’ 

‘We remind all parties that we reserve the right to respond to any hostile actions against our country,’ it said.

Turkish ⁠foreign minister Hakan Fidan reportedly spoke with Abbas Araghchi after the incident and conveyed his displeasure, according to Reuters, which cited a Turkish diplomatic source.

A NATO spokesperson told Fox News Digital that the alliance condemned the incident and affirmed that it stood by Turkey.

‘We condemn Iran’s targeting of Turkey. NATO stands firmly with all allies, including Turkey, as Iran continues its indiscriminate attacks across the region. Our deterrence and defense posture remains strong across all domains, including when it comes to air and missile defense,’ a NATO spokesperson told Fox News Digital.

NATO has parts of a broader European ballistic missile defense system on Turkish soil, including an early-warning radar at the Kurecik base that can detect missiles from Iran.

Since the launch of Operation Epic Fury on Feb. 28, Iran has carried out a series of retaliatory attacks against U.S.-allied countries in the region. Turkey is the first NATO ally to have an Iranian missile encroach upon its airspace. On March 1, an Iranian retaliatory attack killed six U.S. Army Reserve soldiers supporting Operation Epic Fury in Kuwait.

The Associated Press contributed to this report.

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This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the Suicide and Crisis Lifeline at 988 or 800-273-TALK (8255).

The House of Representatives is launching an internal investigation into a GOP lawmaker accused of having an affair with and sexually harassing an aide who committed suicide last year.

The House Ethics Committee revealed on Wednesday that it is launching an investigative subcommittee on Rep. Tony Gonzales, R-Texas, in response to allegations he ‘engaged in sexual misconduct towards an individual employed in his congressional office’ and ‘discriminated unfairly by dispensing special favors or privileges.’

Gonzales narrowly avoided defeat in his GOP primary race on Tuesday night but failed to clinch an outright majority of the vote. He’ll be facing conservative social media personality Brandon Herrera in a runoff election in May.

The Texas Republican has denied the affair with his Uvalde-based late aide, Regina Santos-Aviles, and accused her husband of extortion.

‘During my six years in Congress, not a single formal complaint has been levied against my office. Now days away from an election, coordinated political attacks reign in. IT WON’T WORK. Halfway through early voting and the intensity resides w/ TG voters. I’d rather be us than them,’ he posted on X in late February.

He told Fox News Digital in response to the probe on Wednesday, ‘I welcome the opportunity to present all the facts to the committee.’

It’s not immediately clear what impact the allegations had on his performance or how they will play out between now and his next election. Gonzales defeated Herrera by less than 2% in his 2024 Republican primary.

But the growing scandal has spurred calls for his resignation, notably by some of his fellow House Republicans.

‘I would encourage him to consider resigning,’ Rep. Anna Paulina Luna, R-Fla., told reporters last week.

His fellow Texas lawmaker, Rep. Brandon Gill, R-Texas, urged Gonzales not to run for re-election. ‘America deserves better. Tony should drop out of the race,’ he posted on X.

Rep. Nancy Mace, R-S.C., who has also called for his resignation, announced just this week that she is forcing a vote on a measure requiring the House Ethics Committee to disclose information on lawmakers accused of sexually harassing their staff. 

She told Fox News Digital that Gonzales’ situation was the impetus for her effort, ‘I mean, literally, this girl killed herself in the most heinous way. She literally lit herself on fire and died, and we’re just going to sit here and say, let the process play out? No.’

Gonzales, for his part, previously told reporters that he had no intention of resigning.

The traditionally secretive House Ethics Committee does not give a set timeline for its probes, nor does it typically forecast regular updates on them.

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Copper prices have surged since the middle of 2025, as tariffs, rising demand and supply disruptions came together to create the perfect storm for metals traders.

These factors are helping raise awareness of the challenges copper producers will face in the coming years, as supply deficits are expected to become more pronounced amid aging mines and a lack of new operations.

Colin Hamilton, Teck Resources’ (TSX:TECK.A,TECK.B,NYSE:TECK) vice president of market research and economic analysis, spoke on changing copper market dynamics at the 2026 Prospectors & Developers Association of Canada (PDAC) convention.

In his talk, Hamilton highlighted China’s role as the world’s largest consumer of copper, and the country’s increasing influence on the global copper market.

China’s role in copper markets

There are few parts of the economy that copper doesn’t touch. It’s used in construction, manufacturing, the transmission of electricity and in many high-tech products like mobile phones and electric vehicles.

Copper is a fundamental commodity for the global economy, and demand for it is only going to grow in the coming years on a variety of factors.

The red metal is essential for changing dynamics in the global south, where a greater share of the population is moving to urban centers and upward economic mobility is driving demand for household appliances like air conditioners, refrigerators and washing machines.

Adding to this demand are emerging sectors like the energy transition, where wind and solar require greater copper inputs, as well as AI and the data centers that support it.

Hamilton told the PDAC audience that China, the world’s largest consumer of the red metal, sits at a confluence of demand generation.

The country is often considered the world’s factory for its manufacturing glut, it has a growing middle class, and its tech sector is booming. These factors are also driving significant growth in its electricity grid.

“A decade ago, China was more or less in parallel with the rest of the world,” Hamilton said. “China has surged ahead in terms of that electricity share, and it’s going to continue in a world where artificial intelligence is arguably the next geopolitical battleground.”

He explained that because of its manufacturing base, China’s energy grid has benefited from significant investment, a trend that is set to continue.

“China is planning to increase grid investment by 40 percent over the next five years. This is huge spending that is continuing to come through, and that will be copper-intensive spend,” Hamilton said.

China isn’t the only country that needs to expand its electrical grid. Hamilton also noted that Europe has an energy problem that it is solving, in the short term, by buying Chinese-produced solar technology, adding further copper demand to already constrained Chinese supply.

Smelting supply shortfalls

The biggest issue impacting copper markets and causing increased prices is a lack of supply.

This has led to a shortfall of copper concentrate supply for smelters to refine.

“To keep it in simple terms, we see a situation where smelting demand over 2025 is going to be 600,000 to 650,000 metric tons more than the available concentrate in the custom market,” Hamilton said. “That’s really what sets that raw material constraint. There’s just not enough copper supply to go around.”

The lack of supply in concentrates has pushed treatment and refining charges, which are typically paid by mining companies to smelters, down to zero. Hamilton said these historically low charges outline how acutely tight the market really is. He explained that it’s a trend that won’t moderate in the short term, as supply growth is failing to keep pace with refining capacity.

Hamilton noted that 10 years ago the expectation was that copper supply would be in the 20 million to 30 million metric ton per year range by 2026. In reality, supply is expected to be 23 million metric tons this year, closer to the lower end of the range.

“Not to say projects haven’t come online, but we have seen depletion of existing assets,” he said.

China’s copper supply strategy

In addition to being the leading consumer of copper, China is also leading in adding new supply to the market.

“Who has been successful at growing copper supply is China, not necessarily in the country, but a lot through investments, particularly in the Democratic Republic of the Congo,” Hamilton said.

Those investments have contributed to the DRC adding 2.5 million metric tons of annual supply over the last decade, as well as increases in Peruvian production from the Las Bambas and Toromocho operations, owned by China-based MMG and Chinalco, respectively.

This dominance by China has led the rest of the world to play catch-up. Hamilton pointed to Chile, the world’s top copper producer, noting that Chilean production has been flat for 20 years. While there is growth planned, he said it’s going to take some time and a change in mindset within the industry.

In the long term, Hamilton suggests China will take what is available from the concentrate market; however, he pointed out that fallout from the copper tariffs last year led US traders to buy up significant quantities of copper cathode.

“Now that material is not available for price formation yet,” he said. “It is locked in economically to the US. It will come back to the market at some point. So we have to be aware that is a little bit of an inventory overhang, but I do believe trading houses will slowly bleed this out into the market in a managed form.”

What comes next?

The market needs to adapt to changing times, Hamilton emphasized, in much the way copper smelters have in the face of difficult copper market conditions.

“Smelters have really pulled the levers they can pull as the whole economics of the value chain changes to maintain profitability. That’s good, that’s what we like to see, that healthy change in business model to changing market conditions,” Hamilton said.

Hamilton suggested that there needs to be some evolving perspectives within the industry, in which every part of the value chain works together, and they should be able to make money.

China, he points out, has focused on a commodity-first business model, in which it imports raw materials from wherever they are available and uses its domestic processing capacity to upgrade them.

Although growth in its domestic processing capacity has stalled, he suggested that its funding of processors outside the country is likely to increase.

“China started to dominate the copper exports of (semirefined products) and cable into the world. I do think that’s a trend that will continue, though it does mean there will probably be some trade barriers,” Hamilton said, noting the trend could also extend to finished products.

He went on to say that copper has delivered consistent premiums, spending nearly 50 percent of the time since 2000 in the 90th percentile of the cost curve.

“The industry has just been using the money, the free cash flow, to do dividends and buybacks and servicing debt, but we haven’t actually seen that capital allocation back towards growth,” Hamilton said.

While keeping shareholders happy is important, so too is growth of the business.

“Capital intensity is hugely important. Where companies have got mining projects wrong, in many cases, over the past decade has been blowing out in terms of capital intensity, so you have to look for smart solutions,” he said.

Hamilton noted that the easiest copper resources have already been developed, and the next ones will become increasingly more challenging. With prices reaching record highs, it should unlock some projects.

“At these copper price levels, if you’ve got a shovel-ready project, you can bring it to market pretty quickly. Those big greenfield projects are much harder,” he said.

Using capital efficiently will be critical as companies look to open these new assets. However, Hamilton believes that copper’s solid fundamentals, and new energy sectors, will drive industry growth.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

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