Energy
The AI Boom Is Driving a New Era of U.S. Power Demand
Global data-center electricity demand is growing at a remarkable pace, and no country is driving that growth more than the…
Category: Energy
Energy
Energy
Strait of Hormuz Traffic Ticks Higher Amid New Diplomatic Push
Commodity vessel traffic at the Strait of Hormuz rose slightly over the past 24 hours amid diplomatic efforts to discuss…
Energy
Europe Heads Into Winter With Gas Storage at a Two-Decade Low
Europe is heading for the winter with one of the lowest levels of gas in storage in the past two…
Energy
Trump’s War on Offshore Wind Leaves U.S. Workers in Limbo
United States President Trump has strongly criticised wind power since coming into office, introducing several executive actions aimed at restricting…
Energy
Venezuela’s Oil Revival Gains Momentum
The United States’ plans to revitalize Venezuela’s oil sector are moving at a snail’s pace. But it seems that plans…
Energy
Iran War Adds $330 Billion to Global Energy Import Bill
The war between the United States, Israel, and Iran has caused the oil and gas import bill of the world…
Energy
U.S. Eyes 18th-Century Law to Seize and Sell Iranian Oil
The US government is exploring an unusual legal route for dealing with Iranian oil and ships captured as part of…
Energy
Oil Shrugs Off Trump’s ‘Toughest Sanctions in History’
Oil holds near $90 despite sweeping Iran sanctions as uncertainty over Hormuz transits keeps markets on edge. Friday, August 28,…
Energy
The Iran War Has Handed Russia a Strategic Opening in Europe
The war with Iran has handed Russia a strategic advantage in Ukraine. Washington is burning through the weapons Europe needs…
Energy
Oil Selloff Outruns Reality in Hormuz
WTI crude oil futures were trading at $83.51 late Thursday, down $3.13, or 3.61%, for the week. The market opened…