SMR Nuclear Boom, Wheat Climbs 30%, and $102 Diesel Spreads

Escalating military strikes knock offline more than 97% of Black Sea grain export capacity, sending global wheat prices up 30% year-on-year as Midwest crop tours reveal below-record corn yields and European drought losses top €2.3 billion. In energy, US diesel crack spreads hit a historic $102.20 per barrel while China displaces Indian buyers for Russian seaborne crude, tightening Asian product balances. Simultaneously, heavy industry turns to factory-built small modular reactors and captive Australian solar grids to power AI data centers and cut extraction costs amid rigorous global regulatory reviews of utility and mining mega-mergers.https://www.commoditiesinstitute.comFOLLOW US @commoditiesinstituteInstagram - https://www.instagram.com/commoditiesinstituteFacebook - https://www.facebook.com/61584221970761TikTok - https://www.tiktok.com/@commoditiesinstituteYouTube - https://www.youtube.com/@commoditiesinstituteListen to the Podcast:Spotify Podcast - https://open.spotify.com/show/6eO2y40mmH5J8boeF0ANjJApple Podcast - https://podcasts.apple.com/us/podcast/the-commodities-institute-podcast/id1826784341Commodities Market Oil Metals News Trading Agriculture Policy Politics Energy