Oil Prices Plunge as Trump Rules Out Iran Strikes Before Midterms
President Trump announced Thursday that the U.S. will not attack Iran before midterm elections in November, causing oil prices to decline despite remaining elevated for the day.
President Trump announced Thursday that the U.S. will not attack Iran before midterm elections in November, causing oil prices to decline despite remaining elevated for the day.
Data centers are driving Finland’s power infrastructure investments, with Google’s 507-megawatt nuclear deal marking the country’s first power purchase agreement for baseload electricity supply.
South Korea faces pressure to finance Alaska LNG as part of tariff negotiations with the Trump administration, though the project’s massive costs and commercial challenges remain unresolved.
Tropical Storm Isaias is forecast to strengthen into a Category 2 hurricane this week, threatening offshore oil platforms and major Gulf Coast refineries including Chevron’s Pascagoula facility.
Google has secured 3,590 megawatts of power from Constellation Energy, with approximately 890 megawatts coming from new nuclear capacity, as major tech firms rush to secure electricity for data center expansion.
Global diesel supplies have tightened dramatically as major producers including China, Russia, and the U.S. implement export restrictions, prioritizing domestic demand over international markets amid geopolitical tensions.