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DEPARTMENT OF ENERGY SHUTDOWN
US-Iran peace deal brings relief, but India turns to a risk at homeIndia just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditio...- Higher gasoline prices likely pushed up US consumer inflation again in MayMay is poised to bring a notable rise in consumer prices across the United States, signaling the steepest hike in three years. Fueled by es...
- From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
- Data center used 30 million gallons unnoticed — is America’s AI boom quietly pushing local water systems toward crisis?Georgia AI data center water crisis is now raising serious questions across the United States. Investigators found that a massive data cent...
- Inflation in U.S. jumps to 3-year high, shows CPI report. How will latest data impact U.S Fed Interest Rate Cut decision?Inflation in U.S.: U.S. consumer prices rose at a brisk clip for a second straight month in April, resulting in the largest annual increase...
- Iran juggles oil cuts and storage strain to resist US blockadeTightened US naval restrictions in the Strait of Hormuz have sharply reduced Iran’s oil exports, forcing the country to cut production as s...
- India’s heat exposes a fragile grid as energy crunch deepensIndia is bracing for an intense summer with heat waves set to persist. Power grids are under immense pressure due to rising demand and ener...
- Iran sends proposal for negotiations with US to mediator PakistanIran has sent a new proposal to the United States through Pakistani mediators. This move could help end the ongoing war. Global oil prices ...
- India in the hot seat as blackout risks rise with temperatureAs the summer heatwave intensifies, India is preparing for relentless heat well past June. Power networks are under immense strain due to i...
- US Stock Market: US inflation jumps as war-driven fuel costs complicate Fed outlookU.S. inflation surged in March, driven by rising gasoline prices amid the Iran conflict, with the PCE index recording its sharpest monthly ...
- Donald Trump gets lifeline: U.S. economic growth data reveals shocking findings after President's approval rating crashedU.S. Commerce Department has said its Personal Consumption Expenditures Price Index (PCE) rose in line with expectations in March.
- US economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlookThe U.S. economy grew at a modest 2% annual pace in the first quarter of 2026, recovering from a weak 0.5% expansion in the previous quarte...
- How the Iran war oil and gas supply shock compares with past disruptionsA major oil supply disruption is underway due to the US-Israeli war with Iran and the closure of the Strait of Hormuz. This event is the wo...
- US wholesale prices surged 4% last month after the war in Iran sent energy prices soaringU.S. wholesale prices surged last month as the Iran war drove up the cost of energy.
- US filings for jobless aid jump to 219,00 last week but remain within stable range of past few yearsU.S. applications for unemployment benefits rose last week before Iran, Israel and the U.S. announced a two-week ceasefire deal that inject...
- US economy growth sluggish at 0.5% in Q4, government says, downgrading previous estimateThe American economy, slowed by last fall's 43-day government shutdown, grew at a sluggish 0.5 per cent annual pace from October through De...
- US economy grew a sluggish 0.5% in fourth quarter, government says, downgrading previous estimateThe economic landscape of America took a notable downturn in late 2025, where growth plummeted to a mere 0.5 percent in the last quarter. T...
- Shutdown into fourth week, US nuclear-agency furloughs most staffIn a stark turn of events, America's nuclear weapons agency finds itself in a bind as it furloughs most of its workforce. The decision come...
- Trump administration starts laying off over 4000 federal workers amid US government shutdown chaosThe Trump administration has begun laying off over 4,000 federal workers amid the government shutdown, with job cuts impacting agencies lik...
- Trump cancels $1 billion energy grants in Washington and other blue statesThe Trump administration is cutting over $1 billion in energy project grants in Washington and 15 other states. The Department of Energy sa...
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