Oil Prices Slide 3% as Hopes for Iran Peace Deal Grow
Crude oil prices started the week with a dip on renewed optimism about a possible peace deal between…
Oil Traders Brace for Iran Escalation After U.S. Elections
Oil traders appear to be preparing for a resumption of hostilities in the Middle East following the U.S.…
Europe’s Leaders Have Few Tools to Ease War-Driven Energy Shock
(Bloomberg) — European Union leaders are searching for ways to ease soaring energy prices, but President Donald Trump’s…
Trump Says Russia and Ukraine Agreed to ‘Energy Ceasefire’
(Bloomberg) — President Donald Trump said Sunday that Russia and Ukraine had agreed to an “energy ceasefire” effective…
Germany Agrees on Fuel-Tax Cut, Price Cap as Pump Prices Spike
(Bloomberg) — Germany’s government agreed on a fuel-tax cut and a state-set cap on pump prices to ease…
Germany Leads Last-Minute Push to Avoid EU Carbon Market Glut
(Bloomberg) — Germany is seeking to reduce the risk of a glut of permits in the European Union…
Trump Announces Russia-Ukraine Energy Truce; Kyiv Says Not Yet
(Bloomberg) — President Donald Trump and Ukraine offered differing accounts of a supposed agreement with Russia to stop…
Spain Got a Head Start on Renewables — Now It Needs a Battery Revolution
(Bloomberg) — Spain’s big bet on renewables got started early, if slowly. By the mid-1990s, the industry was…
England’s Water Network Buckles Under Sudden Summer Drought
(Bloomberg) — The severe “flash drought” that has gripped England is pushing an already struggling water network toward…
Oil Prices Climb as U.S.-Iran Peace Hopes Fade
Crude oil prices moved higher today as the chances of a lasting peace between the United States and…