Phillips 66 Faces $900 Million Loss as Iran Crisis Lifts Oil Prices
Energy prices soared after the U.S.-Israeli war on Iran began in late February. Iran’s effective closure of the Strait of Hormuz, a chokepoint for roughly a fifth of global oil…
US Crude Exports Test Limits as Shipping Constraints Mount
By The war in Iran has sent demand for US oil from overseas toward record levels, bolstering President Donald Trump’s push for “American energy dominance.” But as shipments surge, exports…
Investors Press Amazon, Microsoft and Google on Water, Power Use in US Data Centers
By , and Water, power usage, pollution, land driving protests Trillium Asset Management seeks detail on Alphabet’s climate strategy Investors flag water risk as emerging threat LONDON, April 6 (Reuters)…
Carbon Capture Edges Forward Despite Cost Challenge
By Pockets of carbon capture projects are emerging in U.S. and Europe as developers capitalize on surging power demand and public funding initiatives but costs remain too high for the…
Trump Says Iran Could be ‘Taken Out’ on Tuesday, Hegseth Says Major Strikes to Come
Trump Says Iran Could be ‘Taken Out’ on Tuesday, Hegseth Says Major Strikes to Come
Trump Says Tuesday Deadline to Make a Deal With Iran is Final
(Reuters) – U.S. President Donald Trump said on Monday the Tuesday deadline he has set for Iran to make a deal is final, adding that Iran’s proposal was significant but…
Buyout Firm ECP to Re-Acquire Nuclear Services Firm EnergySolutions
By and Buyout firm Energy Capital Partners has agreed to re-acquire nuclear services firm EnergySolutions from TriArtisan Capital Advisors LLC, according to a statement provided to Bloomberg News. EnergySolutions will…
Oil Prices Fall After US and Iran Receive Framework Ceasefire Proposal
Summary Strait of Hormuz closure disrupts Middle East oil exports, refiners seek alternatives Trump threatens further action if Strait remains closed Iran allows passage for select vessels OPEC+ agrees modest…
Oil Shock Is Adding Stress to the Global Economy
Bloomberg News Market Snapshot 6,650.75 +0.4% 53,413.68 +0.5% $69,862.54 +3.3% $4,703.78 +0.6% 1,213.34 -0.2% Market data as of 05:34 AM ET. Data is subject to provider delays. Five things you…
Trump’s New Deadline Looms With Mediators Pushing for Truce
Trump on Sunday issued an expletive-laced threat to destroy Iran’s power plants and blow up ‘everything over there’ Bloomberg News President Trump during a primetime address to the nation at…
