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Shipping traffic through the Strait of Hormuz increased slightly amid ongoing US-Iran negotiations, though security concerns and insurance costs continue to constrain Gulf crude exports.
Former U.S. Secretary of State John Kerry warns that Europe’s energy insecurity poses a greater national security threat than military weapons, citing NATO’s failure to adequately address the crisis.
Middle East conflict drives crude prices to $90/barrel, potentially generating $495 billion in free cash flow for the global upstream oil and gas sector in 2026, more than double previous estimates.
Sierra Club argues Meta’s Louisiana data center permit revision should require major-source classification due to added emissions from water boilers, demanding public hearing and proper pollution accounting.
China’s government has released its renewable energy development plan for 2026–2030, targeting over 370 gigawatts of new wind and solar capacity across seven major bases.
REalloys has partnered with JS Link to develop integrated rare earth magnet manufacturing in North America, targeting completion ahead of a Pentagon ban on Chinese-origin magnets scheduled for January 1, 2027.
