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The global economy is starting to look K-shaped. Here are the winners and losers, and where the U.S. fits.
IMF sees a split global economy, with countries less exposed to the oil shock and benefiting from AI...
United States Dollar Index eases from 18-month peak; slips below 102.50
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, drifts lower d...
WTI holds gains above $92.00 on persistent Middle East supply risks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $92.05 during the early...
Why Southeast Asia's Clean Energy Surge Could Stall Before It Starts
Southeast Asia has been hit harder than anywhere else on Earth by the energy crisis stemming from the War in Iran, leaving many nations scrambling to shore up localized energy supply chains. The newfo ...
Airlines Scramble for Jet Fuel as Hormuz Disruption Drags On
The months-long closure of the Strait of Hormuz has led to severe fuel shortages around the globe, as companies battle to continue operations. Airlines have been hit hard as they struggle to obtain en ...
Berkeley Lab's New Fusion Materials Breakthrough, Explained
Scientists at UC Davis and Lawrence Berkeley National Laboratory just made a major breakthrough in the design of nuclear fusion reactors. The team is at the vanguard of a new field of nuclear fusion r ...
Iran Says Hormuz Stays Closed Until U.S. Meets Six Sweeping Demands
Iran has effectively rejected expectations of an imminent reopening of the Strait of Hormuz, laying out sweeping conditions that would require the United States to fundamentally change its policy towa ...
Europe Bets Billions on North Africa’s Clean Energy Potential
Europe is deepening its ties with North Africa to develop stronger clean energy connections between the two regions in support of a green transition. The European Union and several European countries ...
EU Locks In Plan To Triple Energy Storage Capacity By 2030
Europe desperately needs an energy storage revolution. As the region gets rocked by the third energy crisis in four years, the continent’s insufficient indigenous energy systems, and backups to those ...
Oil Traders Stay Bearish Despite Deepening Middle East Disruptions
Despite continued hostilities in the Middle East and an expansion of the war to the Red Sea, oil traders have remained largely bearish on the commodity, betting on a quick peace deal—and they might ge ...
China Is Betting on Quantum Tech to Fix Its Power Grid
Global energy grids are under unprecedented stress as energy flows become more complex with the addition of intermittent energy sources and the artificial intelligence boom drives demand to new height ...
Energy Affordability Trumps Climate in US Midterm Races
Elevated US gasoline and electricity prices are seeping into the upcoming midterm elections in November. Candidates are prioritizing consumer affordability over the environment, with Democrats linking ...
Russia’s Labor Shortage Worsens as Central Asian Workers Stay Away
The bad economic news keeps coming for the Russian economy. An analysis of Russian government data by the business daily Vedomosti shows that the influx of Central Asian labor migrants to Russia fell ...
Citi Lifts Brent Outlook but Still Sees Oil Falling in 2027
Citi has raised its third-quarter Brent crude forecast to $80 per barrel from $75 as the U.S.-Iran war drags on and repeated attempts at a deal fail to restore normal oil flows through the Strait of H ...
Norway’s $2.3-Trillion Fund Opposes SEC Idea to Rescind Climate Reporting
The world’s biggest sovereign wealth fund, Norway’s $2.3-trillion Government Pension Fund Global, does not support the U.S. Securities and Exchange Commission’s (SEC) proposal to scrap requirements fo ...