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Two More Oil Tankers Attacked Near Strait of Hormuz
Two more tankers were attacked near the Strait of Hormuz on Sunday, one in Hormuz and the other off ...
Asian shares are mixed and oil prices fall about $1.50 as Trump says US will buy diesel from Russia
BANGKOK (AP) — Asian shares were mixed and oil prices fell about $1. President Donald Trump’s plan t...
‘Worrying omens’ lurk over global economy despite resilient growth
Research for the FT shows major economies are withstanding the Iran shock but concerns about rising ...
The Trillion-Dollar Problem at the Heart of the AI Boom
Take your pick of alarmist projections about the future of the global economy from top tech leaders. Monzo’s founder, Tom Blomfield, reckons unemployment will surge over the next five years as more an ...
Electric Aviation Won't Kill Jet Fuel - But It Could Take the Best Routes First
Aviation is often treated as one of oil's safest remaining markets. In 2026 that still looks like a reasonable assumption. Airlines are expected to consume around 104 billion gallons of fuel this year ...
Just 7% of America’s Nuclear Fuel Comes From Home
The Trump administration is pushing for a homegrown nuclear power renaissance. The United States is still the largest producer of nuclear energy in the world, but that won’t last long without drastic ...
Russia's Oil Industry Is Running Out of Room to Absorb More Shocks
Following a year of tighter sanctions and Ukrainian attacks on refineries, ports and tankers, Russia’s crude output has fallen further in the second half of 2026, severely affecting the nation’s crude ...
Mexico Is Betting on Biofuel to Tackle Its Seaweed Crisis
Over the past 15 years, Mexico has faced a severe seaweed problem, with vast quantities of a brown seaweed known as sargassum washing up on beaches along the Caribbean coast and hitting the tourism in ...
Somali Piracy Surges Amid Hormuz Blockade
The effective closure of the Strait of Hormuz has forced hundreds of commercial ships onto longer routes around Africa, and Somali pirates are moving quickly to exploit the sudden increase in traffic ...
Ranked: How Dirty Are the Eight Biggest Names in AI
Big Tech companies are quietly moving farther and farther away from their decarbonization goals. Back in 2019, Amazon pledged to become carbon neutral by 2040, thereby setting a goalpost ten years ahe ...
Why a Record-Strength El Niño Still Might Not Save Europe's Gas Market
Only an exceptionally strong El Niño will meaningfully ease Europe's LNG needs this winter, and forecasters currently rate that outcome as a long shot. Rystad Energy's analysis indicates that European ...
Oracle’s $165 Billion Data Center Plan Hits a Gas Pipeline Delay
Oracle’s proposed $165 billion data center project in New Mexico has run into a decidedly low-tech problem: the natural gas pipeline meant to help power it won’t be ready on time. Energy Transfer subs ...
Trump’s Tougher Russia Stance Puts Kazakhstan in a Difficult Position
Since returning to the White House in early 2025, President Donald Trump has consistently argued that the war in Ukraine should end through negotiations. He initially believed that direct engagement w ...
US Oil Drillers Add Even More Rigs As Oil Prices Stay Higher
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US rising to ...
South Africa’s Top Court Blocks Shell Wild Coast Exploration
South Africa’s Constitutional Court has blocked Shell-led exploration along the country’s Wild Coast, adding another legal setback to an offshore sector already struggling to keep pace with neighborin ...