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The US Justice Department is exploring historical prize law to seize and sell Iranian oil captured during a blockade, potentially accelerating asset liquidation while generating Treasury revenue.
The U.S. electrical grid faces severe strain from surging electricity demand driven by artificial intelligence and electrification, with nine of 15 grid regions at elevated or high risk of supply shortages by 2030.
Battery electric vehicles reached 26% market share in Europe during July, with 288,000 registrations representing a 51% year-over-year increase, though growth varies significantly by region.
Mexico is accelerating its green energy transition under President Claudia Sheinbaum through new renewable energy reforms and private investment, aiming to add over 32 GW of generation capacity by 2030.
BP is partnering with firms linked to the Trump administration to develop an offshore gasfield in Venezuela, marking one of the first major foreign energy investments following the US-backed leadership change.
Over 200 musicians including Thom Yorke and Brian Eno have written to the Prime Minister urging rejection of the Rosebank oilfield project in the North Sea.
