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The Middle Eastern oil shock, Houthi edition
Global energy markets face renewed pressure as oil prices near key psychological thresholds amid Middle Eastern shocks.
Energy
103 trends tracked about this subject — the full history, oldest to newest below.
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Business
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Trump expands a voluntary pledge to protect consumers from high utility bills from AI data centers
Trump announces a voluntary industry pledge aimed at shielding consumer utility bills from the power demands of AI data centers.
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23 governors sign Trump's cost pledge for data centers, backbone of AI
Twenty-three governors have signed a voluntary pledge led by Trump to mitigate the impact of AI data center energy usage on consumer utility bills.
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Live updates: Oil nears $100 as Red Sea attacks mark new escalation in Iran conflict
Global oil prices have surged past $100 per barrel following a dangerous escalation of conflict involving Iran and attacks in the Red Sea.
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World
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EU agrees new sanctions on Russia as Greece secures LNG exemption
The EU has approved its 21st sanctions package against Russia, targeting financial services and crypto assets while granting a specific LNG exemption to Greece.
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Need backup power? Automakers want you to look no further than their vehicles in your driveway
Automakers are transforming electric vehicles into residential power stations to provide a streamlined backup energy solution for homeowners.
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GE Vernova stock drops despite surging AI-driven orders as wind segment drags
GE Vernova shares drop despite raising full-year revenue targets and beating earnings projections as ongoing wind segment losses weigh on results.
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Exclusive | Utilities Join Trump Pledge to Limit AI-Driven Increases in Electricity Bills
US utilities and states have joined a Trump administration pledge to protect residential electricity bills from costs driven by AI data center growth.
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Oil rises to highest level in six weeks as Middle East war escalates
Global crude markets experience significant upward pressure as escalating conflict in the Middle East tightens supply chains.
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The Iran war’s big oil mystery: No one seems to want it
Global oil markets face volatility as U.S.-Iran conflict and Houthi blockade threats drive prices toward five-week highs.
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U.S. Emergency Oil Reserve Hits Lowest Levels Since 1983: Why It Matters
The U.S. Strategic Petroleum Reserve has plummeted to its lowest level since 1983, leaving the nation's energy cushion thin amid an ongoing war with Iran.
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Oil settles up on renewed US-Iran hostilities and threat of Red Sea closure
Oil settles higher as renewed US-Iran hostilities and Red Sea closure threats spark market turbulence.
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World
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Putin Suffers Humiliating Popularity Plunge as Crisis Spirals
Vladimir Putin is experiencing his steepest approval rating decline since the invasion of Ukraine, driven by a domestic gasoline crisis.
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World
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Russia roils global market for diesel after Ukraine attacks
Russian fuel shortages intensify globally as domestic refining stalls under pressure from recent Ukrainian strikes.
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Business
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Gas Prices Will Stay Higher for Longer, Even if Oil Falls
Stubborn gasoline prices are refusing to drop alongside crude oil, sparking a high-stakes standoff between the White House and fuel stations.
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World
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Oil pipelines around the Strait of Hormuz won't end the threat Iran poses to Middle East crude exports
Escalating maritime attacks in the Strait of Hormuz and new Houthi blockades challenge the efficacy of regional oil pipeline bypasses.
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World
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Even If Ukraine Doesn't Recapture Crimea, Kyiv Has Damaged Russia's Credibility
Recent Ukrainian strikes on Crimean energy infrastructure test Russian control and damage Moscow's credibility.
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Business
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Costco makes silent gas change that members will love
Costco has opened the country's first standalone gas station, featuring forty pumps and competitive fuel pricing.
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Solar just became Europe’s biggest source of electricity
Solar power has become Europe's largest source of electricity for the first time, driven by rapid installations and regional conflicts.
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World
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After Hormuz, Iran turns to Red Sea gateway as new pressure point
Iran is signaling a strategic shift toward the Red Sea gateway as a new pressure point following the blocking of the Strait of Hormuz.
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Business
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Consumer prices rose 3.5% annually in June, less than expected as energy prices eased
4 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
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World
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Ukraine Strikes Russian Oil Depot Again as Drone Attacks Reach Moscow, Killing 3
Ukraine is intensifying its strategic campaign against Russian energy infrastructure and maritime logistics through wide-scale drone strikes.
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Will Oil Prices Soar as the U.S.-Iran Truce Frays? The Answer Lies With China.
China's crude imports have dropped sharply amid Middle East disruptions, leaving global energy markets watching for their next move.
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World
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How Trump Failed to Secure the Strait of Hormuz in His Iran Deal
Analysis emerges regarding the security of the Strait of Hormuz and the impact of Donald Trump's Iran deal on regional leverage.
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Trump's ambitious energy bet could be a winning hand as the world burns more oil, gas than ever
The United States maintains its position as the world's top oil producer and consumer amid record global energy demand and emissions.
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World
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Ukraine’s General Staff Confirms Strikes on Russian Oil Refinery and Maritime Logistics
3 news sources are covering this World story right now — PULSE is tracking how fast it spreads.
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World
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Ukraine Intensifies Attacks On Russian Energy Assets, Reportedly Forcing Halt To Azov Traffic
Ukraine's intensified strikes on Russian energy assets and vessels have forced a halt to shipping through the Don-Azov Canal and Kerch Strait.
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World
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Ukrainian drone strikes ignite fires at Russian oil sites
Ukrainian drone attacks on Russian energy infrastructure have ignited fires at refineries and destroyed oil tankers.
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World
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Canada’s Carney defends his visit to Saudi Arabia and slams criticism from afar
6 news sources are covering this World story right now — PULSE is tracking how fast it spreads.
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Business
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The Plan to Build Energy’s Sci-Fi Future in Shut-Down Nuclear Plants
Google and European partners pour €411 million into Proxima Fusion, sparking fresh market interest in repurposing idle nuclear sites
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World
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Ukrainian drones batter Russian oil facilities and set more oil tankers ablaze
Ukrainian drone strikes are hitting Russian maritime vessels and energy infrastructure, leading to refinery closures.
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Here's what's happening at Trump-backed Freedom Fuel gas stations
12 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
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Oil Jumps on Iran Attack, Asian Stocks Set to Drop: Markets Wrap
Global markets respond to renewed US-Iran strikes, balancing oil price volatility with a sustained rally in technology stocks.
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US manufacturers’ energy costs soar because of AI data center demand
Surging electricity demand from AI data centers is driving up energy costs for U.S. manufacturers, raising concerns about grid stability.
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World
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Ukrainian drones hit Russia's largest refinery, in one of deepest strikes yet
Ukraine conducts long-range drone strikes against major Russian oil infrastructure and naval assets in an expanded military campaign.
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World
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Cuba hit with nationwide blackout as US pressure continues
Cuba faces a total national power grid failure, marking the third such collapse in six months.
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Business
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World absorbs historic Iran war oil supply loss, but depleted stocks bring risks
Global markets navigate the aftermath of significant oil supply disruptions stemming from the war in Iran.
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Business
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7 OPEC+ countries agree to expand monthly oil production modestly as prices slide
Seven OPEC+ members agreed to a modest production increase while oil prices continue to slide.
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OPEC, Allies Hike Output Again as Hormuz Traffic Starts Recovering
2 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
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Business
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OPEC Oil Production Jumps, But Gulf Supply Is Still Far From Normal
5 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
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Business
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We assume tech clusters form around talent, but the AI boom is increasingly chasing cheap power — how Northern Virginia, Iowa and Ireland became data-centre capitals
7 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
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Oil prices little changed as US-Iran peace efforts hold
5 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
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Baltimore Gas and Electric seeks $8 monthly rate increase for Maryland customers
Baltimore Gas and Electric files for an $8 per month rate hike, sparking regulatory review in Maryland.
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Canada advances Alberta pipeline to Pacific Coast to expand oil exports beyond the US
Canada and Alberta reach an agreement to construct a new crude oil pipeline connecting to the Pacific Coast, targeting expanded trade with Asia.
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Carney Backs B.C. Tanker Ban as Alberta Unveils Pipeline Plan
5 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
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Business
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Energy Department Orders Data Centers to Tap Backup Power
11 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
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Texas leads nation in proposed power plants for data centers, which would emit large amounts of greenhouse gases
13 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
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World
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Putin’s economy is running on fumes after Ukrainian attacks
4 news sources are covering this World story right now — PULSE is tracking how fast it spreads.
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Business
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'Stretched to the limit': Heat wave prompts US electrical grid emergency
A severe heat wave is placing unprecedented strain on the United States power grid, prompting emergency declarations and regulatory interventions.
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Trump Energy Department hits its target on small nuclear reactors. Now comes the hard part.
11 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
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Business
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Oil's wild first half of the year upended everything Wall Street expected
Global oil markets are experiencing a significant shift in outlook as prices diverge from long-held Wall Street expectations.
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Business
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Small-Engine Makers Gain Big Momentum in Data Centers
Data center infrastructure demands are driving a surge in industrial investment, specifically benefiting small-engine manufacturers and metal producers.
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Emergency Ordered for Largest US Power Grid as Record Heat Nears
Record heat drives emergency orders for the U.S.'s largest power grid as nearly a million lose electricity.
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Bloom Energy Stock Rallies After The Bell
Bloom Energy stock is rallying following the announcement of an expanded power infrastructure partnership with Brookfield.
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BP deputy chief to leave company in latest upheaval at oil major
BP leadership undergoes a significant transition as deputy CEO Carol Howle announces her retirement amid broader organizational changes.
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Business
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Energy experts said gas prices would stay high. Why were they wrong?
2 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
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World
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Why some Europeans resist air conditioning, even amid deadly heat waves
European demand for cooling technology is rising as record heat waves trigger debate over infrastructure, policy, and reliance on air conditioning.
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Hormuz oil exodus sets stage for chaotic rebalancing act
6 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
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Business
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Trump Administration Pays Duke Energy $129 Million to Halt Offshore Wind Farm
5 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
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World
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Ukrainian drones have struck nearly every major Russian refinery. Which facilities have yet to be hit?
8 news sources are covering this World story right now — PULSE is tracking how fast it spreads.