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Oil prices fell sharply and European stocks rallied after Trump cancelled planned Iran strikes and announced imminent peace talks, though Tehran denied negotiations would begin.
UK inflation is expected to rise to nearly 3% in July due to soaring energy bills, with economists warning of renewed cost of living pressures on households and potential interest rate increases ahead.
A federal judge has blocked the EPA’s efforts to rescind California’s Clean Air Act preemption waivers, ordering the agency to restore the previous regulatory status.
U.S. clean energy deployment reached a record high in the first half of 2026, with capacity now sufficient to power 83 million homes, according to the American Clean Power Association.
The US possesses significant wave energy potential, and despite policy shifts, federal support for marine energy research and testing facilities continues to advance the sector’s development.
Industry groups are urging EU leadership to launch a strategic dialogue on heavy-duty vehicle decarbonisation ahead of key regulatory reviews, citing energy and cost pressures affecting the transition.
