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.
