Oil Prices Head for a Weekly Loss Despite Escalating Iran Tensions
Crude oil prices were on course to book another weekly loss despite no sign of any progress being…
Thailand to Shift From LNG Toward Renewables in Wake of Iran War
(Bloomberg) — Thailand plans to shift away from imported gas and embrace renewables and nuclear power as it…
Romania Moves to Safeguard Nuclear Plant on Record Low Danube
(Bloomberg) — Romania is taking additional emergency steps to maintain cooling water supplies for its Cernavoda nuclear power…
Macron and MBS to Focus on Hormuz, Deals in Paris Talks
(Bloomberg) — French President Emmanuel Macron and Saudi Arabian Crown Prince Mohammed bin Salman are set to oversee…
Denmark Publishes Emergency Grid Law That Puts Data Centers Last
(Bloomberg) — Denmark introduced an emergency law to overhaul access to its power grid, including by making most…
Second Nord Stream Sabotage Suspect Arrested in Croatia
(Bloomberg) — German prosecutors secured the arrest of a second person in its Nord Stream gas pipelines sabotage…
Energy Stocks Soar to Record as Oil Rises on Trump’s Hard Line
(Bloomberg) — Energy stocks are closing in on record levels reached earlier this year amid the Middle East…
India Readies Big LPG Output Boost as Hormuz Uncertainty Lingers
(Bloomberg) — India has directed its state companies and private refiners to prepare for a sharp increase in…
US Military Option for Cuba Fades as Trump Focuses on Sanctions
(Bloomberg) — The Trump administration’s Cuba strategy is increasingly focused on ramping up sanctions and economic pressure rather…
Oil Extends Gain on Doubts Over Hormuz Deal Despite Upbeat Tone
(Bloomberg) — Oil advanced for a sixth day on skepticism about the prospects for a deal that would…
New Iranian Leader Sends a Hardline Message on Hormuz Deal
The war of words over the Strait of Hormuz continued Tuesday, with both sides attempting to control market…