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Oil drops 20% from 2026 peak on optimism over U.S.-Iran ceasefire talks

Global oil prices have tumbled by around 20% from 2026 highs as investors have grown increasingly optimistic on prospects for a long-lasting ceasefire deal between the U.S. and Iran, which would unlock shipping through the Strait of...

U.S. Natural Gas Market: Soaring AI Demand and Infrastructure Constraints

The rapid expansion of artificial intelligence (AI) data centers is fueling a surge in U.S. electricity demand, positioning natural gas as a main baseload power source to meet the new demand; under a high-demand scenario,...

Energy Department takes steps toward allowing plutonium, historically used in weapons, in nuclear fuel

The Energy Department may allow up to five companies to use its surplus plutonium — which it has historically been used in nuclear warheads — as fuel.

EPA’s power plant repeal could leave some rules in place

EPA’s efforts to undo Biden-era climate rules for power plants could get a major overhaul before they clear White House review, according to some insiders watching the process.

Canada and Germany make liquefied natural gas deal as Carney looks to diversify from US

TORONTO (AP) — Canada has reached a deal to export liquefied natural gas to Germany from a planned Pacific Coast terminal, an official familiar with the matter said Tuesday.

U.S. LNG Is Becoming the Backbone of Global Gas Supply

For years, global LNG markets operated under a fairly comfortable assumption. Qatar would remain a stable supplier, the Middle East would continue functioning as the center of global LNG trade, and buyers in Europe and...

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