Tag: energy
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Trump blasts New York AI data center moratorium, says state should change policy ‘immediately’
New York became the first state in the U.S. to impose a ban of its kind when the governor signed the executive order Tuesday.
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Oil rises after US-Iran hostilities flare again with strikes on energy targets
PERTH, July 15 : Oil rose on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Iran launched retaliatory strikes on U.S. infrastructure in the region.For the second straight session, Brent closed at its highest since June 12 and West Texas Intermediate at its highest sinc
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Apple in talks with startup that shrinks AI models to run on an iPhone
PrismML says its compressed version of Alibaba’s Qwen model uses up to 15 times less memory, potentially advancing Apple’s AI push.
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Is Hormuz open? Trump’s toll threat intensifies rush to bypass the Strait altogether
Gulf producers are increasingly relying on alternative routes to keep crude moving as shipping disruptions expose the risks of depending on the Strait of Hormuz.
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Trump’s Hormuz toll plans bring oil supply risks back in spotlight
President Donald Trump’s plan to impose a 20% fee on cargo passing through the Strait of Hormuz is threatening the global oil surplus.
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Oil gains over 2% as Mideast tensions and Hormuz toll prospects raise supply worries
Oil prices rose on Tuesday after U.S. President Donald Trump announced plans to impose shipping fees in the Strait of Hormuz.
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UN maritime agency opposes Hormuz transit fees after Trump demands protection money
The security situation in Hormuz has deteriorated since Iran attacked multiple commercial ships transiting the strait over the past week.
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Ship traffic through Strait of Hormuz falls steeply as U.S. and Iran fight for control
Ship traffic has fallen as the security situation in Hormuz rapidly deteriorated. Iran has repeatedly attacked ships, triggering fresh fighting with the U.S.
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India’s inflation accelerates to 4.38% in June, exceeding forecasts
Inflation has risen for the eighth straight month in India, as food and energy prices rise due to the Iran war and deficient rainfall.
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Oil prices rise as U.S. and Iran fight for control of Strait of Hormuz
The U.S. and Iran disputed whether Hormuz was open to ship traffic after trading strikes over the weekend.
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