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ENERGY COSTS US
Iran digs up ‘tens of billions’ in gas wealth as US energy showdown heats upIran has discovered a major gas field in southern Fars province containing 7.5 trillion cubic feet of gas, with 5.7 trillion cubic feet rec...- Markets brace for more hawkish ECB as energy risks threaten to keep inflation elevatedMarkets are increasingly pricing in a more hawkish European Central Bank as geopolitical tensions, elevated energy costs and depleted gas i...
- 'We took the head off the snake': US to enter 'new phase' in Iran war very soon, says US House Speaker Mike JohnsonUS House Speaker Mike Johnson expects a new phase in the Iran conflict soon. He believes allied nations will provide crucial support during...
- A Manhattan office building began freezing water at night; the stored ice now helps cool it during peak summer demandIn the heart of Manhattan, Eleven Madison Avenue has adopted an innovative cooling method utilizing an ice battery. This system freezes wat...
- Charting the Global Economy: UK payrolls slide, inflation risesThe latest figures show the UK labor market is faltering, with job vacancies reaching a five-year low. Inflation rates have intensified, fu...
- Earlier this year, 1,124 wind-turbine blades were sitting in a Wyoming landfill. Now, a Missouri cement plant has given 7,000 more a second life, offering a different ending for retired renewable-energy equipmentWyoming buried 1,124 wind turbine blades. Now, a Missouri cement plant is giving more than 7,000 retired blades a second life. The contrast...
- Global Market: European shares little changed as bond yields rise and gulf tensions lift oilEuropean shares were little changed on Friday, with the STOXX 600 heading for a second straight weekly decline as rising bond yields and hi...
- Global Market: Eurozone bond yields edge lower after turbulent week in global debt marketsEurozone bond yields eased Friday but remained set for weekly gains amid global bond-market stress, persistent inflation and fiscal concern...
- India reworks oil map with Venezuela as Hormuz battlefield keeps Gulf flows in doubtIndia is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...
- Global Market: European shares flat as oil prices offset bond market reliefEuropean shares remained flat on Thursday as rising crude oil prices and inflation worries counteracted a recovery in global bond markets f...
- The Iran war energy crisis is just getting startedThe Iran war has severely impacted global oil refining, causing diesel and gasoline prices to remain elevated. Refined product prices have ...
- California tightens tire rules: New standards could save drivers money but eliminate many tiresThe California regulatory board has officially sanctioned fresh guidelines aimed at enhancing replacement tire energy efficiency. Stricter ...
- Why rising Treasury yields are becoming a growing risk for the US economyA sell-off in U.S. Treasuries has pushed yields higher, raising borrowing costs for households, companies and the federal government. Highe...
- In 2025, U.S. researchers developed an air-conditioning system that stores cooling in a salt solution; a Miami simulation projected a 93% cut in peak electricity demandInnovative air conditioning technology now harnesses the power of saltwater solutions to store energy. Developed by researchers at NREL, th...
- Global Market: Samsung, SK Hynix lead KOSPI rout amid global risk-off moodKospi plunged 4.65% as rising global bond yields and Middle East tensions triggered heavy selling in semiconductor shares. Samsung Electron...
- Global Market Today: Asian equities decline as chip selloff extendsAsian stock markets witnessed a downturn as semiconductor shares plummeted sharply. The rise in bond yields and escalating oil prices contr...
- Global Market: European shares slip as rising oil prices, bond yields weigh on sentimentEuropean shares edged lower on Tuesday as rising crude prices and euro zone bond yields heightened inflation concerns. The STOXX 600 fell 0...
- An Australian farmer put sheep beneath solar panels; he reported 15% more wool and green grass surviving through droughtSheep grazing beneath solar panels not only boosts farmer profits but also leads to purer wool. This innovative approach creates shaded env...
- Global Market: Euro zone bond yields hover near 15-year highs as Middle East war fuels inflation fearsEuro zone bond yields stayed near 15-year highs as Middle East conflict-driven energy inflation raised expectations for ECB rate hikes. Ger...
- Bonds face a bigger threat than the Fed as global rates climbAs central banks worldwide, notably in Japan, Canada, and the euro zone, signal plans for sharper interest rate increases than the US, glob...
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