Oil Nears $100 as Trump’s ‘Economic D-Day’ Raises the Stakes
Oil prices approached $100 per barrel as geopolitical tensions escalated following Trump’s ‘Economic D-Day’ campaign against Iran, with Strait of Hormuz traffic significantly disrupted.
Oil prices approached $100 per barrel as geopolitical tensions escalated following Trump’s ‘Economic D-Day’ campaign against Iran, with Strait of Hormuz traffic significantly disrupted.
U.S. oil rig counts declined this week while crude production rose and oil prices increased, with Brent trading near $94 per barrel, according to recent industry data.
Extreme heat and record-low river levels across Europe are forcing nuclear power plants to reduce or halt operations, threatening billions in economic losses as governments struggle to maintain energy production.
Solar panel prices have fallen 90 percent since 2010, making solar the world’s cheapest energy source and fastest-growing form of power generation globally.
Asahi Kasei has developed a lithium pre-doping technology using lithium carbonate to improve energy density and reduce costs in silicon-rich lithium-ion batteries for electric vehicles and robotics applications.
Forge Nano is expanding its North Carolina lithium-ion battery factory with $100 million in federal funding, targeting defense and critical infrastructure applications rather than consumer vehicles.