Daily on Energy: A boost for nuclear, Cuba may get lifeline, and a permitting deadline

The Trump administration has unveiled a significant financial boost for nuclear energy, offering $17.5 billion in loans to build 10 new large nuclear reactors, aiming for operational start by the mid-2030s. This move signals a renewed commitment to nuclear power as a key energy source, possibly reshaping the energy landscape in the U.S. Meanwhile, rising traffic in the Strait of Hormuz underscores global geopolitical tensions, potentially affecting energy supply routes. This development is crucial as it may influence the future of domestic energy policies and international relations.