Wind turbines operated by Gamesa Eloica SA near Zaragoza, Spain, on Wednesday, March 25, 2026. Renewables are helping cushion the blow of higher oil and gas prices in Europe. Bloomberg | Bloomberg | Getty Images Spanish Economy Minister Carlos Cuerpo lauded the country’s energy resilience to the Iran war, saying a pivot to solar and…
The Indian-flagged tanker Jag Vasant, carrying liquefied petroleum gas (LPG) after transiting through the Strait of Hormuz amid the ongoing conflict in the Middle East, is seen docked at an offloading terminal along the coast in Mumbai, India, on April 1, 2026. Nurphoto | Nurphoto | Getty Images The Iran war has taken a toll…
U.S. President Donald Trump and British Prime Minister Keir Starmer hold a press conference following their meeting at Chequers, near Aylesbury, Britain, Sept. 18, 2025. Kevin Lamarque | Reuters The U.K. is “not supporting” the U.S. blockade of Iranian ports, Prime Minister Keir Starmer said on Monday, insisting that the country would not get “dragged…
An Indian liquefied petroleum gas (LPG) carrier, Shivalik, arrives at Mundra Port via the Strait of Hormuz, amid the U.S.-Israel conflict with Iran, in Gujarat, India, March 16, 2026. Amit Dave | Reuters India has begun buying oil and gas from Tehran after a seven‑year hiatus as it grapples with supply disruptions and elevated energy…
Iran and Oman are drafting a protocol to “monitor transit” through the Strait of Hormuz, Iranian state news agency IRNA reported Thursday morning, citing an official. Tanker traffic through the key oil-shipping route “should be supervised and coordinated” with the two countries, said Kazem Gharibabadi, Iran’s deputy foreign minister of legal and international affairs, according…
A year ago, on April 2, 2025, U.S. President Donald Trump appeared in the White House Rose Garden with an announcement that would become one of the defining policies of his second term. The president unveiled a vast list of country-specific tariffs in what he dubbed his “liberation day” trade policies — a move that…
President Donald Trump on Wednesday said Iran’s president has asked the U.S. for a ceasefire. But the U.S. will “consider” the offer only once the Strait of Hormuz is “open, free, and clear,” Trump said on Truth Social. “Until then, we are blasting Iran into oblivion or, as they say, back to the Stone Ages!!!”…
Protesters, predominantly Houthi supporters, demonstrate in solidarity with Palestinians, in Sanaa, Yemen on Aug. 1, 2025. Khaled Abdullah | Reuters Yemen’s Houthis launched a missile strike against Israel, the group said Saturday. It was the first time the Tehran-backed militia had intervened in the U.S.-Israeli-led war against Iran, which has entered its second month. “The…
President Donald Trump speaks during the Future Investment Initiative Summit in Miami, March 27, 2026. Mandel Ngan | AFP | Getty Images President Donald Trump on Friday winkingly referred to the Strait of Hormuz, the vital oil-shipping route and a key choke point in the Iran war, as the “Strait of Trump.” Iran has to…
The European Union needs to dial back regulation of U.S. big tech companies if it wants to be part of the AI economy, the U.S. ambassador to the EU Andrew Puzder told CNBC on Friday. “If the European Union is going to participate in the AI economy…They’re going to need data centers, data and access…
