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Energy

Oil Supply Shrinks 1.8M Barrels Daily as Hormuz Closure Bites

The International Energy Agency reports a rapid contraction in global supply, with cumulative losses exceeding 1 billion barrels since the Iran conflict began.

EnergyMay 13, 2026

US Nuclear Buildout Hits 8 Reactors as Industry Targets 2050 Quadrupling

Two advanced reactor projects broke ground within a single week last month, framing an industry push to quadruple US nuclear capacity by 2050 with new federal backing and private capital.

EnergyMay 12, 2026

Portugal's Clean Power Success Masks a Fossil Fuel Hangover

Electricity is clean and cheap to produce, but junk fees on power bills and an aging gas network are slowing the country's push to electrify everything else.

EnergyMay 11, 2026

Japan Receives First Central Asian Oil as Hormuz Crisis Bites

A tanker from Azerbaijan arrives Tuesday, marking Japan's first Central Asian crude import since the Iran war choked off 70% of its normal supply route through the Strait of Hormuz.

EnergyMay 6, 2026

Oil Prices Plunge 7% as US-Iran Peace Deal Nears

Axios reports a one-page memorandum could end the four-month war and restart nuclear talks, but 23,000 seafarers remain stranded in the Gulf.

EnergyMay 2, 2026

Airlines Say EU's 2030 Green Fuel Target Is Impossible

Industry CEOs demand the EU delay its 6% sustainable aviation fuel mandate, calling current production levels and costs an insurmountable barrier.

EnergyMay 2, 2026

EV Battery Prices Plunge 97%, Driving Global Sales Past 16 Million

A three-decade price collapse in lithium-ion batteries has made electric vehicles cheaper than ever, but China's control of the supply chain is forcing the US and Europe into a manufacturing race.

EnergyApril 30, 2026

US Gas Hits $4.30 as Hormuz Blockade, Iran Deadlock Deepen

The spike adds $1.12 to the year-ago price, squeezing households as the president rejects Tehran's preliminary deal to reopen the critical oil chokepoint.

EnergyApril 30, 2026

Belgium to Buy All Nuclear Reactors From Engie in Full U-Turn

The government will acquire the entire fleet, including five recently shut reactors, reversing a two-decade-old phase-out law to secure energy independence.

EnergyApril 28, 2026

Fuel Spike Propels EVs, China Gains Global Auto Dominance

Surging gasoline costs and policy shifts are accelerating electric vehicle adoption, fundamentally altering the global automotive landscape and supply chains.