Investors should not ignore the risk that Iran could disrupt Middle East oil supplies and trigger a substantial price spike, energy analysts warned Monday, even as the market largely dismissed the threat. Surprisingly, oil prices are little changed Monday after the U.S. bombed Iran’s key nuclear sites over the weekend. The market seems to believe…
Type One Energy has successfully passed the first formal design review for its “Infinity Two” stellarator fusion reactor power plant that aims to deliver 350 megawatts of electricity to the grid by the mid-2030s. The U.S.-based company has been developing the technology for a potential project with the Tennessee Valley Authority, which provides power to…
Oil prices jumped more than 7% on Friday, hitting their highest in months after Israel said it struck Iran, dramatically escalating tensions in the Middle East and raising worries about disrupted oil supplies. Eli Hartman | Reuters Oil markets are entering a new phase of uncertainty after the U.S. joined the war between Iran and…
People watch from a bridge as flames from an Israeli attack rise from Sharan Oil depot, following Israeli strikes on Iran, in Tehran, Iran, June 15, 2025. Majid Asgaripour | Via Reuters Oil futures jumped more than 2% at the start of the first trading session since the U.S. launched direct attacks against Iran, casting…
Brent crude prices pared gains from the previous session and fell nearly $2 on Friday after the White House delayed a decision on U.S. involvement in the Israel-Iran conflict, but they were still poised for a third straight week in the black. Ilan Rosenberg | Reuters Brent crude prices pared gains from the previous session…
Jeremy Allaire, CEO of Circle Internet Group, the issuer of one of the world’s biggest stablecoins, and Circle co-founder Sean Neville pose outside the New York Stock Exchange (NYSE), on the day of the company’s IPO in New York City, U.S., June 5, 2025. NYSE Shares of Circle and Coinbase rallied on Wednesday, as Wall…
U.S. or Israeli military action that leads to regime change in OPEC member Iran would have a profound impact on the global oil market, according to JPMorgan. “If history serves as a guide, further destabilization of Iran could lead to significantly higher oil prices sustained over extended periods,” Natasha Kaneva, head of global commodities research…
A new study has identified the UK areas where residents pay the highest utility bills, with one region in Scotland topping the list for the highest monthly costs 15:38, 18 Jun 2025Updated 16:31, 18 Jun 2025 (Image: Getty Images/iStockphoto) Residents of Argyll and Bute are grappling with the highest monthly utility costs in the UK,…
Far too many companies in Hong Kong have left themselves vulnerable to cyberattacks, according to a new police review that should warn all operators to immediately step up their game. Regular security checks are required by law for private firms with infrastructure deemed “critical” for the normal functioning of society. The rules in place since…
The country is going down. This isn’t my opinion, it’s the finding of a recently published study, showing that 28 of the most populous U.S. cities are sinking. These are not just coastal cities; there are also ones in the interior — including Nashville, Chicago, Denver, Indianapolis, Columbus, Charlotte, Oklahoma City, and more. The study uses…