The blockage to energy supplies through the Persian Gulf appears to have ended. If it holds, it takes a massive weight off the world economy.
Why it matters: The possibility of a prolonged disruption to the supply of crude oil, liquefied natural gas, fertilizer and other commodities looks to be off the table.
The CEO of French oil giant TotalEnergies is defending a rare — and controversial — deal he struck last month with the Trump administration ending the company's federal offshore wind leases.
Why it matters: The comments offer a window into a deal structure other companies could pursue as President Trump moves to dismantle the nascent U.S. offshore wind sector.
Early signs are emerging that the energy shock could aid the global spread of renewable power, batteries, electric cars and other climate-friendly tech.
Why it matters: The throttling of oil and gas transit — together with higher prices — has short- and long-term consequences for use and economics of different fuels.
The Iran war is hurting countries far from the Middle East that have no direct involvement in the conflict — and while the U.S. has largely escaped the worst economic impacts, experts warn this could soon change.
Why it matters: As American and Iranian negotiators inch toward a peac deal, the conflict is hurting countries the U.S. relies on for key imports.
