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Coastal states are suing the Trump administration over an offshore wind lease buyout program that redirects development funds toward geothermal energy instead, challenging what they view as an economically damaging policy shift.
China controls over 80 percent of Iran’s seaborne oil exports ahead of a US-China summit, giving Beijing significant leverage in negotiations with the Trump administration.
A leaked EU draft proposes replacing binding hydrogen consumption quotas with an indicative target and credit mechanism, potentially allowing more flexible renewable hydrogen demand allocation after 2030.
US Energy Secretary Chris Wright opposes diesel export bans, warning such restrictions would backfire by reducing refinery output and increasing prices for gasoline, jet fuel, and other petroleum products.
Middle Eastern oil producers are adapting to Strait of Hormuz restrictions through ship-to-ship transfers and alternative pipelines, though workarounds significantly increase export costs.
UK households within 500 metres of new power pylons will receive £250 annual energy bill reductions as the government accelerates major grid infrastructure upgrades across more than 40 locations.
