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The world's oil piggy bank is being smashed open. What can go wrong?Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...
Jet fuel supplies are lagging. What does that mean for airlines and travelers?A looming jet fuel shortage in Europe and Asia, triggered by the Iran war and the closure of the Strait of Hormuz, could significantly disr...
Trump began Iran talks as allies warned war risked disasterUS President Donald Trump paused his plan to strike Iran’s power infrastructure after allies and Gulf nations warned of severe risks, inclu...
Trump’s Venezuela oil revival plan is a $100 billion gambleReviving Venezuela’s oil industry under a US-led plan would take years and cost more than $100 billion, analysts said, as decades of underi...
AI boom sends power bills soaring across the US gridElectricity bills are rising in several US states. The reason is the increasing demand from data centers powering artificial intelligence. ...
Making a $1 billion investment in the US? Trump pledges expedited permits - but there are hurdlesPresident-elect Donald Trump pledged to expedite federal permits for billion-dollar projects, including environmental approvals. Environmen...
Donald Trump's call for 'energy dominance' is likely to run into real-world limitsPresident-elect Trump plans to create a National Energy Council led by North Dakota Gov. Doug Burgum. The council aims to establish America...
Harris and Trump offer starkly different visions on climate change and energyVice President Kamala Harris and former President Donald Trump propose contrasting approaches to addressing climate change and energy suppl...
Harris and Trump offer starkly different visions on climate change and energyUS Vice President Kamala Harris and former President Donald Trump have differing visions on managing climate change and energy needs. Harri...
Climate fight is becoming the foundation for a new trading systemThe Group of Seven nations just reaffirmed their commitment to building a “carbon club.” The idea is to coordinate climate-related standard...
No OPEC oil shakeup as Russian price cap stirs uncertaintyIt is not yet clear how much Russian oil the two sanctions measures could take off the global market, which would tighten supply and drive ...
The G7's price cap on Russian oil begins to take shapeOfficials in G7 countries, including U.S. Treasury Secretary Janet Yellen, say the unprecedented measure, set to begin Dec. 5, will cut the...
Natural gas soars 700%, becoming driving force in the new Cold WarIt’s the war in Ukraine that catalyzed the gas crisis to a new level, by taking out a crucial chunk of supply. Russia is cutting back on pi...
Paytm Payments Bank denies it leaked data to China; Trell to lay off hundreds of employeesBloomberg reported that the RBI acted against Paytm Payments Bank as it had allegedly leaked data to entities in China. The company has ref...
What does a US ban on Russian oil accomplish?A full embargo would be most effective if it included European allies, which are also desperate to stop the violence in Ukraine and the dan...
Members of oil cartel to meet as coronavirus rattles demandThe group has to reach agreement among its member countries and the additional members in the group known as OPEC Plus, which is led by Rus...
Trump sanctions could give Biden a bargaining chip in deal talks with IranBiden supports returning to diplomacy with Iran if it comes into compliance with the 2015 nuclear deal Washington struck with Tehran and fi...
First solar, then steel - is Trump's next trade target nuclear?The uranium suppliers are invoking the same section of the Trade Expansion Act that the Trump administration used to slap tariffs on steel ...