Energy
Five EU leaders seek urgent solution for drifting Russian tanker to avoid environmental catastrophe
Five southern European nations are seeking an urgent solution for an unmanned Russian tanker drifting in the Mediterranean, warning the European Commission that it poses a major environmental threat, according to a letter confirmed by Spain's government on Wednesday.
U.S. drivers see gas prices jump to their highest level since 2023 as the Iran war drags on
The Iran war has rattled the global flow of oil, with steeper fuel costs already straining households worldwide. And in the U.S., drivers are now facing the highest prices they've seen at the pump in two and a half years.
Union Pacific train cars derailment in Texas town causes ethanol leak, no injuries reported
More than two dozen cars of a Union Pacific train derailed Wednesday morning in a Texas town near Houston, causing an ethanol leak from two of the cars that officials said didn't pose a threat to the public.
U.S. drivers see gas prices jump to their highest level since 2023 as the Iran war drags on
The Iran war has rattled the global flow of oil, with steeper fuel costs already straining households worldwide. And in the U.S., drivers are now facing the highest prices they've seen at the pump in nearly two and a half years.
Trump administration completes land exchange for copper mine, over Apache tribe’s objections
The Trump administration officially completed a land exchange with a copper mining firm, brushing aside objections from the Western Apache that the mining would destroy a sacred site in Arizona.
Electrical grid failure in Cuba leaves millions without power, officials say
A massive grid failure has left two-thirds of Cuba without electricity.
Apache tribe members urge Supreme Court to protect sacred land from U.S. mine deal
Members of the Western Apache tribe rushed to the Supreme Court on Monday seeking an emergency order to block a proposed land transfer to a mining company, saying it would destroy a sacred tribal place in Arizona.
Fears of a global energy crisis rise as Iran keeps stranglehold on shipping and hits Dubai airport
Fears of a global energy crisis rose Monday as the war in the Middle East raged on, with more U.S.-Israeli strikes on the Iranian capital and Israel's bombardment of Lebanon. An Iranian drone strike temporarily shut Dubai's airport, a crucial global travel hub, underscoring the threats to the world economy.
Gulf investors seen likely to keep funding Africa renewable energy despite the Iran war
Middle Eastern sovereign wealth funds and state-backed companies are unlikely to scale back renewable energy investments in Africa despite disruptions from the Iran war, analysts say, given the strong long-term economic and strategic reasons driving such funding.
Gas prices will stay high ‘a few more weeks’ but will drop after war, Trump energy secretary says
Energy Secretary Chris Wright said Sunday that Americans will likely have to deal with a few more weeks of high gas prices due to the U.S.-Israel war against Iran.
U.S. energy secretary directs oil company to restore operations off California
U.S. Energy Secretary Chris Wright directed a Texas-based oil and gas company Friday to restore operations in waters off southern California that were damaged by a 2015 oil spill, invoking the Defense Production Act.
Construction finishes on a major offshore wind farm, the first during Trump’s tenure
Construction is finished on a major Massachusetts offshore wind farm, the first project to reach this stage during President Donald Trump's time in office.
U.S. temporarily halts sanctions on Russian oil as White House looks to bring down oil prices
Washington has temporarily waived sanctions on some Russian oil and petroleum shipments, the U.S. Treasury Department announced Thursday, removing a tool previously used to pressure Russia to end its war in Ukraine economically.
Why Trump doesn’t get a ‘patriotic bounce’ in polls following Iran strikes
President Trump's lack of a "patriotic bounce" in the polls from the successful strikes against Iran can be attributed to a mix of factors, including lopsided anti-Trump news coverage.
Oil jumps to $100 per barrel and stocks sink worldwide with no clear end in sight for the Iran war
With no clear end in sight, the war with Iran sent oil prices back to $100 per barrel on Thursday, and stocks sank worldwide.
Trump bragged about low gas prices. The Iran conflict has him doing an about-face
Since starting a war with Iran caused oil and gasoline prices to spike, President Donald Trump has pivoted from a focus on keeping energy prices low to painting high oil prices as a positive.
Justice Dept. sues California over zero-emission vehicle targets
The Trump administration is ramping up pressure against California's electric vehicle policies by filing a lawsuit to stop the state from imposing an electric vehicle mandate through state-specific zero-emission vehicle targets for car manufacturers.
Trump says U.S. will ‘make a lot of money’ from higher oil prices
President Trump said Thursday there is an upside to rising oil prices as a result of the war against Iran -- the U.S. will make money as a major producer.
