Climate tech can’t scale on corporate generosity alone
Microsoft’s reported pull-back from carbon removal and even 2030 clean energy targets proves that the sector needs policy help.
As U.S. and Israeli strikes on Iran continue, Iranian Foreign Minister Abbas Araghchi said in an interview with NBC News that Tehran would not close the Strait of Hormuz. However, the waterway has been almost effectively shut down by the war. Commercial ships and oil and gas tankers have chosen not to pass through it,…
The price of a gallon of regular gasoline climbed 31 cents in the past week, spiking to an average of $4.48 per gallon Tuesday, according to AAA.
Defiant Iran has threatened to double down on its closure of the Strait of Hormuz.
The US-Israeli war against Iran highlights the Gulf’s dual role as the backbone of global energy supply and a major source of systemic risk.
Within days of the initial U.S. and Israeli attack on Iran on February 28, 2026, the world was plunged into an energy crisis.