Trending News: Oil Falls as Trump Holds off on Scheduled Attack on IranFortum launches Finland electrolyser testing centreAsia’s Gas Crunch Opens the Door for Australian LNGIndia Hikes Fuel Prices for the Second Time in a WeekAustralia Turns to China for Emergency Jet Fuel SuppliesJapan and South Korea Deepen Oil Ties as Hormuz Crisis BitesExplained – Heatwaves Vs. Solar Efficiency: Understanding The Impact Of Peak Summer Temperatures On Solar PV Plant PerformanceDATA CENTER INSIGHT – The New Infrastructure Race in North America and Why Communities Don’t Want ThemNextEra CEO Says He Feels ‘Very Good’ About Dominion Offshore Wind ProjectBP Fails to Reach Deal with Union as Indiana Refinery Lockout Drags OnSOL Group expands home care footprint with UK and Brazil dealsAir Liquide to invest €20m in Oberhausen syngas plant expansionMauritius Clean Energy Week 2026 to Spotlight the Island’s Next Wave of Solar, Storage & Smart Energy Growth This July Hyundai advances waste-to-hydrogen project in Hong KongJinkoSolar Showcase Cutting-Edge Solar Solutions at Power Uzbekistan 2026, Secures 1GW Framework Agreements with Four Distributors On-SiteGreen Energy Stocks Shine Despite Weak Indian Market Sentiment On May 19, 2026Green hydrogen developers can’t remove all risk – but can reduce uncertainty: ShellCan Middle East Oil Producers Meaningfully Bypass the Strait?K Line signs FjordH2 hydrogen shipping agreementTenaga Nasional Berhad Launches 100 MW/400 MWh Santong Battery Storage Project In MalaysiaEuropean electrolysers can beat China on LCOH if demand emerges, says Nucera bossChina launches first geothermal project using supercritical CO2 to boost efficiencyThe rise of long-term helium contractsGrid Bottlenecks Could Slow Southeast Asia’s Power Demand Surge Oil Prices Fall After Trump Pauses Planned Iran StrikeVideo | What will make green hydrogen projects bankable in India?Mendell Helium completes acquisition of M3 HeliumReopening Europe’s green hydrogen rules ‘not a good idea,’ Air Products warnsEnergy minister: Oman’s first green ammonia to be shipped next year, but scale still too smallPort of Rotterdam’s 32km hydrogen pipeline to open this weekTrump Delays Planned Strike after Gulf Allies AppealedNextEra-Dominion Energy Merger To Create World’s Largest Electric UtilityEuropean Airlines Say Jet Fuel Supply Is Under Control for SummerVenezuela Oil Officials Set to Make Rare Appearance at Houston Area Energy Conference Record Oil Draw From US Emergency Reserve Drives Total Volumes to Two-Year Low Global Coalition for Nuclear Philanthropy launchedOpaque Oil Deals Around Hormuz Test the Petrodollar: BoussoNew Fed Chair Faces Pressure as Oil Prices Fuel InflationAustralian Strike Could Worsen World’s Already Strained LNG MarketsRussia Quietly Adds Four LNG Carriers to Its Arctic Dark FleetChina Burns More Coal and Gas as Wind and Nuclear Output FallsIndia’s Oil Refiners Slated To Ride Out Disruptions After Russian Waiver EndsEIA Sees Oil Deficit Widening in 2026EET advances Stanlow SAF project toward FEEDMASSIVE DEAL: NextEra Energy Strikes $66.8 Billion Deal for Dominion in Bets on AI Power DemandOil Touches Two-Week High After Drone Attack on UAE Nuclear Power PlantAlaska LNG Secures Supply Deal with ConocoPhillips for Pipeline ProjectPhillips 66 to Expand Gas Processing in Permian Basin and Gulf CoastFord Unit Signs Five-Year Energy Storage Deal With EDFCHAI seeks proposals for medical liquid oxygen tech in KenyaCHAI seeks proposals for medical liquid oxygen tech in KenyaCFM commits $4m to South African waste-to-methanol projectTopsoe to ‘hibernate’ seven-month-old EU-backed solid oxide electrolyser factoryTürkiye’s Botas signs US LNG supply framework with Argent LNGHSBC Bets $4 Billion on China’s Clean Energy Export BoomChinese Refiners Slash Crude Runs to Lowest Level Since 2022Anglo American Exits Steelmaking Coal With $3.9 Billion Australian Asset SaleAvangrid, Inc. Expands Solar Grazing Programme Across Oregon And Washington Solar SitesWood Mackenzie Says Middle East Conflict Creating New Pressures And Opportunities For Global RenewablesEuropean Energy Begins Construction Of 225.5 MW Agrivoltaic Project In SicilyRSA Calls Virtual Industry Roundtable Amid Growing Concerns Over ALCM Implementation Middle East IG sector “spared from crisis” says MEGA headEuropean Bank For Reconstruction And Development Appoints Andreea Moraru As Managing Director For Central Europe And The BalticsGreen Finance Week India 2026 Concludes with a Powerful Celebration of Leadership & ImpactINOX India eyes aerospace cryo market after $21m US contractCanada files environmental impact statement for 3GW green ammonia projectEVNGENCO1 Proposes 270 MW Floating Solar Projects In Vietnam’s Lam Dong ProvinceAfrican Development Bank Backs Rwanda’s $300 Million RBF II Program To Expand Clean And Reliable Energy AccessWood Mackenzie Examines How The Iran War Is Reshaping Global Energy Security And Supply ChainsGreen Energy And Utility Stocks See Broad Consolidation Amid Mixed Market Closing (18 May 2026)Canada Clears Path for West Coast Oil Pipeline BuildThe Middle East Oil Crisis Has Already Cost Global Businesses $25 BillionChina’s Coal Output Slips as Imports Extend DeclineSolarPower Summit 2026 Shows Europe Entering A New Stage In Its Clean Energy TransitionAfrican Rainbow Energy Acquires Majority Stake In SOLA Group To Expand South Africa’s Renewable Energy PortfolioTata Electronics signs for ASML semiconductor tech to support Dholera fab developmentPower Systems Investment And Construction Signs EPC Deal With PowerChina For 290 MW Solar Plus Storage Project In ZambiaDOE Visits Aboitiz Renewables’ 221 MWp Olongapo Solar Plant, Highlights Push for Public-Private Collaboration in Philippines Clean Energy TransitionNLC India Awards 250 MW/500 MWh BESS EPC Contract To Pace Digitek In Tamil NaduSEMI pushes Congress for long-term AMIC extensionEvoloh to deploy 2.5MW pilot AEM electrolyser in US subsidised projectVideo | Will India become a low-cost hydrogen producer?Denmark’s Stiesdal unveils 6.5MW electrolyser at sub-€500/kW capexNo Deal In Sight to End Iran WarThyssenkrupp Calvion targets CO2-reducing solutionsTop 10 1895 podcastsPakistan Uses Diplomacy to Secure LNG Supply from HormuzTrump Administration Pledges SPR Refill With Bonus Oil BarrelsBlykalla applies to build Swedish SMR plantNextEra Energy and Dominion Energy agree dealConcrete pouring completed for first part of Cernavoda refurb projectPermit issued for second phase of Grohnde dismantling workIAEA concern after drone strike close to Barakah nuclear power plantTrump Says Iran War is Worth the Economic Pain. These Rural Voters Agree.Verdant Solar Holdings Berhad Reports Strong Project Pipeline Despite Quarterly LossIberdrola Wraps Up First Phase Of Noronha Verde With 4,800 Solar Panels In PlaceZambia Launches Zamwatt Initiative To Expand Renewable Energy Supply For IndustriesTNERC Approves Tariffs For 12 MW PM-KUSUM Solar Projects In Tamil NaduTNERC Approves 500 MW Pumped Storage Power Procurement For Tamil Nadu Grid StabilityWhy Has Oil Not Gone Higher in Wake of USA-Iran Conflict?

US Readies New Russia Sanctions if Putin Rejects Peace Deal, Bloomberg News Reports

Business & Policy
December 17, 2025

The United States is preparing a further round of sanctions on Russia’s energy sector to increase the pressure on Moscow should President Vladimir Putin reject a peace deal with Ukraine, Bloomberg News reported on Wednesday, citing people familiar with the matter.

Reuters could not immediately confirm the report. The White House and the U.S. State Department did not immediately respond to requests for comment.

The new measures could be announced as early as this week, the report said.

Treasury Secretary Scott Bessent discussed the move when he met a group of European ambassadors earlier this week, the report added.

(Reporting by Gnaneshwar Rajan in Bengaluru, Editing by Louise Heavens)