254 articles
Estimates show the Iran conflict reduced diesel supply more than the Russia-Ukraine war, driving global prices to record highs despite President Trump's claims. Analysts confirm Middle East shortages
Canadian Prime Minister Mark Carney accepted the EU's proposal for associate membership to reduce dependence on the U.S., citing deeper integration in critical minerals and energy. The move aims to en
The Trump administration's rollback of federal greenhouse gas rules for power plants and vehicles delays emission cuts by a decade. Analysts project this could raise US CO2 emissions by approximately
President Trump urged Ukraine to stop attacking Russian diesel facilities as U.S. fuel prices hit records and the IEA warned of global supply disruptions. Strikes on refineries have significantly redu
Canadian PM Mark Carney launches an investment summit to fund natural resource infrastructure like LNG and mines following US tariff threats, aiming to attract $70 trillion in assets to offset economi
President Trump urged Ukraine to halt attacks on Russian diesel refineries following record fuel price surges. The strikes contribute to global supply shortages, pushing US diesel above $6 per gallon
A US appeals court rejected the Trump administration's order to keep Michigan's J.H. Campbell coal plant running past its 2025 retirement, ruling the Energy Department exceeded its authority. This imp
A federal appeals court invalidated a Trump administration order requiring the J.H. Campbell coal plant in Michigan to remain operational beyond its planned retirement. The ruling halts efforts to pre
President Trump predicts oil prices driven by the Iran conflict will remain high until after U.S. midterm elections. Global crude surpassed $100/barrel, causing significant spikes in gasoline, diesel,
Sherwin-Williams employees are required to work five days a week at their Cleveland headquarters due to a city tax deal, a decision discussed in a local podcast covering broader economic topics.
Wacker Chemie risks closing its Tennessee polysilicon plant after new U.S. trade policies drove away customers, highlighting challenges in protecting domestic semiconductor and solar material supply c
European natural gas prices stabilized after President Trump suggested Iran strikes would be short-lived, easing conflict fears. However, EU inventories remain below average at 65%, while Norwegian su
President Trump announced a deal granting US access to 17 Venezuelan oil fields via intermediary Alejandro Betancourt, claiming $100 billion investment despite expert doubts on feasibility.
President Trump stated Venezuela will decide its own OPEC status after a deal granting the U.S. partial control over Venezuelan oil reserves. ExxonMobil was identified as one of the companies entering
The Trump administration announced a deal for U.S. participation in Venezuelan oil reserves to lower fuel prices, but the $100 billion investment source remains unclear, casting doubt on feasibility a
President Trump announced an agreement granting US access to 65 billion barrels of Venezuelan oil reserves, potentially lowering US gas prices and filling strategic petroleum reserves through a new pr
President Trump claims a new oil deal grants U.S. majority control over 65 billion barrels of Venezuelan reserves at no cost, aiming to double domestic stocks and lower gasoline prices before midterm
President Trump will meet major US oil refiners next week to address persistently high gasoline prices driven by Middle East tensions. Discussions will cover refining capacity expansion, Venezuelan cr
California sued the Trump administration over a $120 million deal to cancel an offshore wind lease, alleging legal violations. The agreement requires Golden State Wind to invest in oil and gas project
President Trump signed an executive order banning foreign bulk-power system equipment from the U.S. electricity grid due to national security risks, specifically citing vulnerabilities in Chinese sola
President Trump announced the removal of all mines in the Strait of Hormuz and warned of a zero-tolerance policy against new mines, potentially impacting global energy shipping logistics.
The US and Canada engage in an escalating tariff war impacting key sectors like steel, aluminum, lumber, and food commodities. Negotiations frequently collapse over issues ranging from digital taxes t
President Trump authorized temporary tariff-free beef imports to curb rising prices, sparking opposition from ranchers concerned about market stability. While aiming for lower grocery costs, critics a
President Trump indicated a possible revival of the Keystone XL oil pipeline during U.S.-Canada trade talks, prompting energy firms like South Bow to reconsider projects using existing infrastructure.
President Trump authorized 90-day tariff relief on 300,000 metric tons of ground beef imports to lower prices during a domestic cattle shortage. Additionally, live cattle imports from Mexico are set t
Federal courts have blocked the Trump EPA's efforts to weaken environmental rules, reinstating soot standards and protecting climate grants. These rulings ensure continued emissions compliance obligat
UAE suspended trade with Iran as tensions escalate over the Strait of Hormuz, where ship traffic dropped significantly following attacks on vessels and oil refineries. US President Trump denied planne
Biopharmaceutical executives express cautious hope that President Trump's nominee Heidi Overton will bring stability to the FDA following his social media announcement praising her capabilities.
President Trump announced a three-day pause on 50% tariffs targeting $20 billion in Canadian imports, impacting sectors like lumber, wine, and dairy, while potentially reviving the Keystone XL Pipelin
Energy stocks hit record highs as oil prices climb amid Middle East tensions and supply constraints. Major producers including Chevron and ExxonMobil reported substantial earnings growth driven by ele
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