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Dow Surges Over 300 Points, Crude Oil Hits Over 3-Month Lows Amid Iran Deal Talks — Bessent Issues 60-Day Authorization For Iranian Oil Sales
The S&P 500 index gained about 0.3%, while the Nasdaq Composite edged up by 0.08%....
U.S. oil prices fall below $74 a barrel on 60-day pause on Iranian oil sanctions
Oil prices fall on hopes that more Iranian crude will hit the global market as supplies near critica...
Heatwave, Hormuz Threats and Qatar Blast Push European Gas Prices Higher
Europe’s benchmark natural gas prices rose by nearly 2% on Monday morning in Amsterdam as a heatwave...
Mexico’s Renewable Energy Revival Sparks $4.75 Billion Investment Wave
After years of delays and restrictions to private investment, Mexico’s renewable energy sector is expected to undergo a transformation as President Claudia Sheinbaum encourages greater private sector ...
Beijing’s Silence Is Fueling the Hormuz Crisis
Even though the Xi–Trump summit in Beijing was supposed to project stability, the outcome was clearly the opposite. In real terms, the meeting could ultimately be remembered as the moment the world be ...
Big Oil Rushes Into Argentina’s Vaca Muerta Shale
Local and international energy companies are vying for additional exploration blocks in Argentina’s Vaca Muerta shale basin as the Middle East crisis and the blocked Strait of Hormuz are reigniting a ...
China’s Battery Breakthrough Could Challenge Lithium-Ion Dominance
Researchers have been exploring the use of different technologies to improve battery storage as part of the race to accelerate the deployment of renewable energy and shift away from fossil fuels. Whil ...
Turkey and Armenia Move Closer to Historic Normalization Deal
Turkey and Armenia have taken a major stride in settling their historical differences, agreeing on a bureaucratic framework to promote direct trade between the two states. The Turkish Foreign Ministry ...
The Fertilizer Shock That Could Trigger a Global Food Crisis
Following the United States-Israeli attack on Iran and the ongoing war, trade has been severely disrupted between Asia and Europe. According to the International Energy Agency (IEA), the world is curr ...
China Spent More on Clean Energy Than the Rest of the World Combined
China has been outspending the rest of the world on clean energy for years now, and new data shows that the investment is paying off in spades. Beijing’s lead in the global clean energy race is wider ...
Canada Clears Path for West Coast Oil Pipeline Build
The Canadian government and Alberta have reached a carbon pricing deal that could finally move a long-discussed West Coast oil pipeline from perpetual Canadian debate into actual construction, with a ...
Trump Administration Pledges SPR Refill With Bonus Oil Barrels
The Trump administration will put back into the Strategic Petroleum Reserve whatever oil it takes out—and then some—during the current emergency drawdown period, Energy Secretary Chris Wright said at ...
US Oil Rig Count Jumps amid Rising Crude Prices
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, bringing the total rig count in the US to 551 ...
Vaca Muerta Emerges as Top Alternative to Middle East Oil Supply Risk
As the Middle East conflict exposes the fragility of global supply chains built around the Strait of Hormuz, energy companies and importing nations alike are reassessing where the next generation of r ...
Xi-Trump Summit Disappoints as Oil Bulls Regain Momentum
Oil prices surged $7 this week as Iran tensions, Hormuz risks, and weak signals from the Xi-Trump summit overshadow bearish OPEC and IEA demand forecasts. Friday, May 15, 2026 In a week that started o ...