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Saudi Arabia Plans Massive Expansion of Oil Pipeline to Bypass Hormuz
Saudi Arabia plans to raise the capacity of its East-West onshore oil pipeline that helps it bypass ...
Fed’s Waller: Trump is a threat to Fed independence
Federal Reserve (Fed) Governor Christopher Waller said in the Bloomberg New Economy Forum 2026 discu...
IMF Warns Middle East War Could Derail Global Economic Growth
The energy crisis sparked by the war in the Middle East remains the biggest risk for the global econ...
Greek LNG Ship Safely Clears Hormuz After Maritime Incident
A Greek-owned liquefied natural gas carrier was involved in an “incident” in the Strait of Hormuz at the end of last week while exiting the waterway, the owner company said in a statement, as quoted b ...
Oil Prices Plunge 5% as Trump Halts Iran Strike Plans
Oil prices fell sharply in early Asian trade on Monday after President Trump called off another round of military strikes on Iran, raising hopes that a diplomatic route to reopening the Strait of Horm ...
Saudi Oil Reroutes Hit Capacity and Security Limits
When Iran shut down the Strait of Hormuz, Saudi Arabia quickly redirected its oil flows to the Red Sea. Now, that route has become dangerous because of the Houthi blockade, so Saudi is rerouting to Eg ...
China's Car Market Stalls Even as Global Demand Keeps Growing
China’s domestic car sales have fallen significantly this year; however, sales of Chinese cars have risen substantially in some international markets, such as Mexico, demonstrating the growing global ...
China Doubles Down on Clean Energy Even as Coal Keeps Growing
China has announced plans to double down on its already ambitious renewable energy targets by massively expanding its solar and wind capacity by the end of the decade. China has been rapidly growing i ...
Record Vaca Muerta Output Fails to Lift Argentina’s Wider Economy
Argentina’s Vaca Muerta is booming as the key shale province outside the United States has seen record oil and near-record natural gas production in recent months. Vaca Muerta’s fortunes, however, app ...
AI’s Electricity Demand Is Not the Real Problem. Its Inflexibility Is
The electricity demand created by artificial intelligence is usually presented as a simple supply problem. AI requires increasingly large data centers, those facilities consume enormous amounts of ele ...
Suriname's $26 Billion Oil Bet Is Finally Paying Off
Middle East turmoil, centered on the U.S. war with Iran, is playing havoc with world energy markets. An ongoing dispute over access to the Strait of Hormuz, through which a fifth of world oil and natu ...
The Controversial Space Mirrors Designed to Boost Solar Power
In line with greater funding for renewable energy and cleantech in recent years, several companies have sought to use innovative technologies and techniques to enhance clean energy production. Tech an ...
Finland's Sand Battery Cuts Emissions 70% Without a Single Rare Earth
Europe is falling far behind on energy storage installation exactly when it’s most needed. The continent’s energy security is under significant threat as it contends with its third energy crisis in fo ...
The Bank of England Is Moving Away From Coal
Environmental groups have been campaigning to encourage banks and other financial institutions to divest from fossil fuels for years, with efforts growing stronger since the Covid-19 pandemic and the ...
VC Money Floods Into U.S. Nuclear Startups as AI Power Demand Explodes
Venture capitalists are taking a major interest in nuclear energy start ups. Funding is surging for both nuclear fusion and fission firms as the technology becomes an increasingly essential part of a ...