Markets Surge Into Positive Gains For Year

The latest attempt by Saudi Arabia to kill off the threat from US shale oil has sent oil prices slumping to their lowest level since the depths of the global recession seven years ago. [The Guardian]

New congressional legislation to empower nuclear energy through R&D infrastructure in a way that benefits private sector investment into advanced reactor technologies has been introduced to the House. [The Hill]

A fire on an oil platform in the Caspian Sea burned on Monday for a fourth day, and the Azerbaijani company that operates the site warned that the fire could spread to the oil wells that feed the platform, heightening the risk of a spill. [The NY Times]