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"Planet's Strongest Heat Dome" To Bake America's Heartland
What some meteorologists are calling the "planet's strongest heat dome" is set to build over America's heartland next week. Triple-digit temperatures are expected across the northern Plains, with dangerous heat pushing eastward into parts of the Mid-Atlantic.
"The planet's strongest heat dome will develop over the Intermountain West and Plains into next week," meteorologists Ben Noll wrote on X, adding, "This will produce rare levels of heat up to around 110 degrees in Idaho, Wyoming, Montana and the Dakotas. On Sunday, Billings, Montana, could be hotter than Phoenix!"
The planet's strongest heat dome will develop over the Intermountain West and Plains into next week.
This will produce rare levels of heat up to around 110 degrees in Idaho, Wyoming, Montana and the Dakotas.
On Sunday, Billings, Montana, could be hotter than Phoenix! pic.twitter.com/rM60lGjUVS
Meteorologist Jeff Berardelli also sounded the alarm, saying, "Whopper of a heat dome coming, and that's no exaggeration! In all aspects: size, longevity, and especially intensity this will be extreme. The heat dome should shatter all-time records for upper level pressure in the Northern Plain States."
‼️ Whopper of a heat dome coming, and that’s no exaggeration! In all aspects: size, longevity, and especially intensity this will be extreme. The heat dome should shatter all-time records for upper level pressure in the Northern Plain States. Actual Temperatures (not heat index)… pic.twitter.com/C3HF7N2nbL
— Jeff Berardelli (@WeatherProf) July 8, 2026Bloomberg data for the Lower 48 show that forecast high temperatures will be comparable to those recorded during the last heat wave from late June into early July.
High temperatures in Washington are expected to reach 100F by midweek.
Temperatures in New York City are expected to reach the high 90s by Wednesday.
It is likely that the PJM Interconnection grid will withstand the second round of heat, as the Trump administration has made it a priority to ensure maximum power generation during hot days when cooling demand surges.
Beyond grid stability concerns during peak-load hours, attention will likely turn to agricultural markets as critical growing regions bake under extreme heat. Wheat futures in Chicago surged 3% on Friday.
Tyler Durden Sun, 07/12/2026 - 09:55Trump reveals details of tragic final phone call with Lindsey Graham the night he died
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Tehran Declares Hormuz Closed, But Ships Are Still Transiting
The Strait of Hormuz’s southern shipping channel remained open Sunday morning despite a sharp escalation in tit-for-tat attacks, with the US launching a third round of airstrikes on Iran and Tehran retaliating against US-linked targets across Arab Gulf states.
"Commercial traffic through the Strait of Hormuz continued at reduced levels, with vessels transiting via both the southern Omani corridor and the northern Iranian-controlled route," the Joint Maritime Information Center wrote in a note early Sunday.
JMIC added, "Traffic patterns continued to reflect operator caution following recent attacks."
US Central Command said the overnight strikes on Iran were to neuter its ability to attack commercial ships in the Hormuz chokepoint after a Cyprus-flagged container vessel was heavily damaged near the critical waterway. Iranian media reported explosions across key coastal and energy facilities, including Bushehr, Asalouyeh, and Bandar Abbas.
Our overnight US-Iran wrap detailed that Tehran retaliated with missile and drone attacks on US-linked military facilities in Jordan, Qatar, Kuwait, Bahrain and Oman. Qatar said it intercepted incoming missiles, while air-defense sirens were reported across several Gulf states. Read the report here.
Despite Tehran declaring the Hormuz chokepoint "closed until further notice," JMIC's update on the southern Omani shipping corridor and Bloomberg data show a trickle of activity, which may only suggest Tehran's total control of the strait is waning.
As for the normalization of tanker flows in the Hormuz chokepoint, the timeline now appears to be slipping. Many institutional desks had already priced in a gradual reopening and lowered their Brent and WTI forecasts (Citi was the latest), but that outlook now looks on hold.
Tyler Durden Sun, 07/12/2026 - 09:20
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US Population Growth Prospects Corrected Downwards
The population of the United States is projected to keep on climbing beyond 2100. However, the rate of increase that can be expected until 2050 has been significantly corrected downwards over the last couple of years.
As Statista's Katharina Buchholz reports, according to the Congressional Budget Office, 349 million people live in the United States in 2026. In 2050, this is expected to have risen to 364 million. In 2019, previous to the coronavirus pandemic, the 2050 forecast had still shown a U.S. population of 389 million.
You will find more infographics at Statista
As seen in the data, U.S. population projections were substantially impacted by Covid-19, as the country experienced high excess mortality and projections kept being corrected downwards due to this fact. In the years when the pandemic subsided, forecasts showed higher expected population numbers again, while 2025 and 2026 projections trended lower once more. The latest 2026 forecast reached a new low compared to the previous years' ups-and-downs as U.S. net immigration fell majorly in 2025.
As a reversal of low birth rates seem more and more unlikely, immigration continues to keep U.S. population growth afloat. Immigrants have contributed more to it than net births have since the second year of the coronavirus pandemic. At this point, net births (births minus deaths) took a major hit from which they never fully recovered. The Congressional Budget Office expects U.S. net births to turn negative around 2030, at which point only immigration will be contributing to U.S. population growth.
But the U.S. population is not just growing slower, it is also aging in the process. While in 2026, there are 2.7 working-age Americans (25 to 64 years old) per one American aged 65 or over, this will have changed to 2.2 to 1 in 2056 as the big cohort of baby boomers continues to cross this age threshold. As a result, more strain is expected on safety net system like Social Security, Medicare or Medicaid.
Tyler Durden Sun, 07/12/2026 - 08:45