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Energy
The volatile AI trade marched higher, but oil kept Wall Street on edge last
Wall Street's record-setting start to the week ran into two familiar sources of volatility: the artificial intelligence trade and oil. The Dow Jones Industrial Average on Monday closed above 53,000 for the first time ever before renewed…
Best states for AI data centers 2026
Say what you will about whether artificial intelligence is good for humanity. It is undoubtedly worth billions of dollars — and then some — to the states that can attract AI business.AI is a massive consumer of electricity, water,…
Hormuz tanker traffic falls after Iran attacks trigger fighting with U.S.
Oil tanker traffic through the Strait of Hormuz has slowed after Iranian attacks on three commercial ships this week pushed the Persian Gulf to the brink of a renewed war. Thirteen tankers crossed Hormuz on Wednesday compared with an…
Iran tanker attacks challenge U.S. Navy protected route in Hormuz
An Islamic Revolutionary Guard Corps (IRGC) speed boat is sailing along the Persian Gulf near a general cargo vessel during the IRGC marine parade, which is commemorating the Persian Gulf National Day, near the Bushehr nuclear power…
TeraWulf shares soar after Anthropic leases data center in Kentucky
Anthropic on Monday signed a 20-year lease to use a TeraWulf data center in Kentucky. The data center, located about an hour southwest of Louisville in Hawesville, will have capacity of around 400 megawatts with first power delivery…
KKR, SK Inc launch Korea’s large renewable energy venture amid AI, chip
AI data center solutions at the SK Telecom Co. booth in the World IT Show in Seoul, South Korea, on Wednesday, April 22, 2026. SeongJoon Cho | Bloomberg | Getty ImagesU.S. private equity giant KKR will take management control of a new…
Britain’s Burnham faces defining energy policy decision
U.K. Prime Minister Keir Starmer's likely successor, Andy Burnham, could face an immediate test in office: whether to expand drilling for North Sea oil or double down on renewables, amid a global energy shock.U.S. President Donald Trump…
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…