Energy

Energy Secretary Chris Wright and Interior Secretary Doug Burgum issue identical statements denying rumors the president plans to ban foreign fuel sales.

A veteran market monitor says that among the emergency measures being mulled by the Trump administration could be ‘some kind of military action.’

At least 10 companies secure access to 1.3 million acres of public lands in first lease offering since 2019 on the 23 million-acre National Petroleum Reserve.

‘This ​pressure from Iran will backfire politically and morally,’ Saudi Foreign Minister Prince Faisal bin Farhan said.

Some say markets have long priced in Iran conflict risk and it’s ‘no black swan,’ while others say a prolonged crisis could leave lasting economic scars.

The attack on Iran’s energy assets sent Brent crude higher in a year during which oil prices have already risen by 80 percent.

The nation’s largest nuclear power plant, which supplies more than 4 million people with energy each year, would extend operations into the 2060s.

‘We want the world to be well supplied,’ Bessent said.

A 100-year-old Levant pipeline bypassed the Gulf chokepoint. With tankers halted and prices soaring in 2026, an abandoned route could be key to energy security.

How, or if, the United States’ primary adversaries can capitalize on its Middle East ‘distraction’ depends on the conflict’s duration, scholars say.

Liquid’s superior ability to cool down heat-intensive AI servers is the driving force in the booming data center cooling market.

Some other countries ‘weren’t that enthusiastic,’ Trump said.

Interior Secretary Doug Burgum said the deals were intended to ensure that Indo-Pacific allies do not have to buy from adversaries.

Prices have risen despite the announcement of a global coordinated release of 400 million barrels of oil.

The secretary said there would also be a ‘pushing down of prices after that.’

Oil prices skyrocketed to a little more than $98 per barrel by March 15, the highest level since oil climbed in 2022 after Russia invaded Ukraine.

The licenses do not authorize transactions with entities connected to Russia, Iran, North Korea, Cuba, and China.

States and utilities can submit applications to secure funding by May 20, and the department is set to select projects by August.

The U.S. ‘obliterated’ military targets on Kharg Island but left its oil infrastructure intact for now, Trump said.

Chinese refineries are the primary buyers of Iranian crude oil.

Energy Secretary Chris Wright and Interior Secretary Doug Burgum issue identical statements denying rumors the president plans to ban foreign fuel sales.

A veteran market monitor says that among the emergency measures being mulled by the Trump administration could be ‘some kind of military action.’

At least 10 companies secure access to 1.3 million acres of public lands in first lease offering since 2019 on the 23 million-acre National Petroleum Reserve.

‘This ​pressure from Iran will backfire politically and morally,’ Saudi Foreign Minister Prince Faisal bin Farhan said.

Some say markets have long priced in Iran conflict risk and it’s ‘no black swan,’ while others say a prolonged crisis could leave lasting economic scars.

The attack on Iran’s energy assets sent Brent crude higher in a year during which oil prices have already risen by 80 percent.

The nation’s largest nuclear power plant, which supplies more than 4 million people with energy each year, would extend operations into the 2060s.

‘We want the world to be well supplied,’ Bessent said.

A 100-year-old Levant pipeline bypassed the Gulf chokepoint. With tankers halted and prices soaring in 2026, an abandoned route could be key to energy security.

How, or if, the United States’ primary adversaries can capitalize on its Middle East ‘distraction’ depends on the conflict’s duration, scholars say.

Liquid’s superior ability to cool down heat-intensive AI servers is the driving force in the booming data center cooling market.

Some other countries ‘weren’t that enthusiastic,’ Trump said.

Interior Secretary Doug Burgum said the deals were intended to ensure that Indo-Pacific allies do not have to buy from adversaries.

Prices have risen despite the announcement of a global coordinated release of 400 million barrels of oil.

The secretary said there would also be a ‘pushing down of prices after that.’

Oil prices skyrocketed to a little more than $98 per barrel by March 15, the highest level since oil climbed in 2022 after Russia invaded Ukraine.

The licenses do not authorize transactions with entities connected to Russia, Iran, North Korea, Cuba, and China.

States and utilities can submit applications to secure funding by May 20, and the department is set to select projects by August.

The U.S. ‘obliterated’ military targets on Kharg Island but left its oil infrastructure intact for now, Trump said.

Chinese refineries are the primary buyers of Iranian crude oil.