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China’s growing debt burden limits space for economic stimulus
Mounting interest payments restrict headroom to revive domestic demand, say experts...
US hits commercial tanker in Gulf of Oman as tensions flare
The ship tried to break through America’s naval blockade of Iranian ports, Central Command says of i...
Tanker Rates Soar to Record as Oil Crisis Becomes Shipping Crisis
The cost of shipping crude oil soared to record highs last month as the Iran war reshuffled trade ro...
Washington's Plan to Neutralize Iran’s Hormuz Leverage
For decades, Iran has relied on the Strait of Hormuz as its most effective geopolitical weapon -- a crucial energy chokepoint through which up to a third of the world’s oil is transported and about a ...
Super El Niño Could Trigger a Major Coal Boom in India
The super El Niño weather phenomenon this year will significantly boost India’s demand for coal-fired power generation over the next 12 months, as a generation gap could occur with higher temperatures ...
Severe Storms Leave More Than 620,000 U.S. Customers Without Power
Severe storms have left more than 620,000 customers in the United States without power as of late on Sunday amid extreme weather in several states in recent days, with up to 2% of customers without el ...
More European Investors Oppose Norway’s Push for Arctic Oil Drilling
Six more financial institutions from Northwestern Europe have voiced their opposition to plans by Norway to pursue Arctic oil drilling in a bid to boost Europe’s supply security. According to the oppo ...
Pakistan Buys Second Spot LNG Cargo as Supply Crunch Persists
Pakistan has bought its second spot market LNG cargo in as many weeks, in a sign that flows of liquefied gas out of the Persian Gulf have been slow to recover. According to Bloomberg, the country boug ...
Big Tech’s $3 Trillion Struggle to Secure Enough Electricity
For most of modern history, oil was the world’s most valuable resource. It powered industrial growth, decided wars, reshaped geopolitics, and created the largest corporations in history. Then oil los ...
The Era of Cheap U.S. Natural Gas May Be Coming to an End
U.S. natural gas prices are set to rise through 2035, following a decade of low Henry Hub prices, as the AI data center boom and the expansion of U.S. LNG export infrastructure will underpin strong de ...
Europe's Hottest June on Record Traced to Climate Change
Many countries across Europe have experienced the hottest June on record, as heatwaves sweep the region. Countries in Northern Europe that are not used to weeks of 30°C-plus heat are suffering due to ...
Largest Data Center Project Ever Proposed Is Officially Dead
The largest data center project ever proposed in the U.S. is officially dead. Blackstone-owned QTS Realty Trust withdrew its appeal to the Virginia Supreme Court on July 2, closing out a three-year le ...
Courts and Congress Are Undoing Trump's War on Wind Power
There has been significant back-and-forth on offshore wind power in the United States. As part of ambitious plans for a green transition, the former Biden administration strongly supported offshore wi ...
Copper's Next Move Depends On Washington, Not The Strait Of Hormuz
Six months after Operation Epic Fury upended the metals complex, the Strait of Hormuz still can't decide if it's open. Days after the two countries signed a memorandum of understanding on June 17, Ira ...
Russia Scrambles for Asian Jet Fuel as Crisis Deepens
Russia's fuel crisis has reached the point where one of the world's biggest oil producers is preparing to import jet fuel. According to Reuters, Russia is set to receive at least 200,000 barrels of je ...