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Semafor Energy
🟡 Semafor Energy: The energy war risk in your retirement fund
The price of crude oil fell on signs of progress in US-Iran peace talks, but US gasoline prices continued to rise,
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Trees counter half of the world’s urban heating, study finds
The cooling effect of trees, however, is concentrated precisely where it’s less needed.
Andrew Wong ASW/TW/Reuters
Rare Earth Americas bets on Trump-backed mining boom
Rare Earth Americas listed on the New York Stock Exchange, the first rare earths mining venture to go public in the US since 2010 via a traditional listing.
Chalinee Thirasupa/Reuters
Oil drops on renewed hopes for US-Iran talks
US gasoline prices continued to rise, however, with Donald Trump running out of moves to lower them.
Amirhosein Khorgooi/ISNA/WANA/Reuters
Energy war targets retirement funds
So far, the main direct threat that average Americans seem to have faced from the Iran War has been higher gasoline prices. But more could be at risk.
Amanda Perobelli/Reuters
Fuel price crunch could worsen, executives warn
Supplies of jet fuel and liquefied petroleum gas are poised to plunge in Asia, Africa, and Europe.
Issei Kato/Reuters
Energy shock concerns grow in US
The Iran war and the AI buildout are driving up concerns over the prospect of an energy squeeze in the US.
Pavel Mikheyev/Reuters
Qatar backs sustainable jet fuel project in Egypt
The risk of a shortage of aviation fuel due to the Strait of Hormuz blockade has made the search for alternative sources a critical issue for airlines.
Oil prices remain high over fragile Iran-US ceasefire
Fighting between Washington and Tehran resumed in and around the Strait of Hormuz.
The real oil price shock is getting closer
Most industry analysts are surprised that oil prices haven’t gone higher, but there are signs that is about to change.
Oil crisis reshapes global energy flows
Southeast Asian countries, heavily reliant on Gulf oil imports, are diversifying their suppliers as they feel the crunch from two months of disruptions.
Sixty nations agree to landmark climate accord
Nearly 60 nations this week moved toward phasing out oil, gas, and coal, in a climate summit that aimed to accelerate a global shift toward renewables.
Climate tech startups turn to AI
AI is becoming harder to avoid across climate tech in general, and solar developers in particular face narrowing margins.
UAE’s OPEC exit deals major blow to oil cartel
Abu Dhabi argued the move would allow it to act more independently in its “long-term strategic and economic vision.”
Oil surges to highest level in 4 years on Iran fears
President Donald Trump warned the US blockade on Iranian ports could last for months.
BP signs new natural gas exploration deal with Venezuela
The deal is the latest sign of surging investor appetite in the Latin American nation.
France details plan to phase out fossil fuels
Skepticism abounds about whether France can hit the targets.
Green fertilizer plant to break ground in Paraguay
Atome will construct a 260,000-ton-per-year plant in Villeta, the first industrial-scale facility of its kind.
India power demand hits record amid heat wave
The surge, driven by household air conditioning use, points to the challenges facing India as it grapples with fuel shortages.