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Energy
Uncertainty over U.S.-Iran talks raises supply concerns
A traditional dhow boat is seen at sea, with towering skyscrapers on the Doha Corniche in the background in Doha, Qatar, on June 29, 2026.Nurphoto | Nurphoto | Getty ImagesOil prices fell Wednesday after President Donald Trump said U.S.…
Trump administration to loan $17 billion to build 10 nuclear reactors
A cooling tower is seen at the nuclear-powered Vogtle Electric Generating Plant in Waynesboro, Georgia, U.S. August 13, 2024. Megan Varner | ReutersThe Energy Department announced Tuesday that it will provide $17.5 billion in loans to…
Why energy could be a great place to invest even with oil prices retreating
POWER POINTWhat I'm hearing from energy insidersWhile the world watches and waits on every word around the Strait of Hormuz, investors are moving on. Mostly. It's 'mostly' because no one is suggesting that the troubles are over and…
How GE Vernova builds the turbines powering the AI data center boom
An exclusive look inside GE Vernova's largest gas turbine plant in Greenville, South Carolina, offers fresh evidence that the artificial intelligence boom is going strong. Inside, engineers are working alongside factory workers to speed…
Energy Secretary says U.S. has ended Iran’s ability to close Hormuz
U.S. military escorts of commercial ships have ended Iran's ability to close the Strait of Hormuz in the future, Energy Secretary Chris Wright said Wednesday. "Iran will not have the ability to close the Strait of Hormuz going forward,"…
Iraq piles pressure on OPEC over quota dispute after UAE exit
An Iraqi worker adjusts a control valve at the Daura oil refinery in Baghdad, Iraq. Iraq and a grouping of U.S and European oil companies Exxon Mobil Corp and Royal Dutch Shell PLC signed a $50 billion contract to develop the West Qurna…
Tankers with 35 million barrels exited Gulf through Hormuz since Iran deal
At least 20 oil tankers stranded in the Persian Gulf with 35 million barrels have exited the Strait of Hormuz since the U.S. and Iran agreed to open the sea lane, according to data provided by Kpler, a firm that tracks global trade…
Hormuz evacuation to begin for ships stranded in Persian Gulf: IMO
More than 11,000 seafarers stuck in the Persian Gulf will begin to exit through the Strait of Hormuz under a large-scale evacuation plan backed by Iran and the United States, the International Maritime Organization said Tuesday."We have…
Shipping stalls in Strait of Hormuz after Iran says waterway is closed
Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. The Strait of Hormuz, a vital shipping route for the region's oil and gas, was effectively blockaded since the outbreak of war between…
Gas prices fall below $4 per gallon as oil supply fears ease after Iran
Gasoline prices fell below $4 per gallon Thursday, as oil exports through the Strait of Hormuz are expected to increase after President Donald Trump signed a deal to end the war with Iran.Drivers in the U.S. paid $3.99 on average, the…