Trump promoted fossil fuels. His war is pushing the world away from them.
As oil prices spike, governments are slashing fuel use and eyeing renewables — threatening to erode global demand for fossil energy.
President Joe Biden is weighing the release of more oil from the U.S. Strategic Petroleum Reserve in an effort to help tamp another surge in prices expected after OPEC+ announced its plans to slash oil production by roughly 2 million barrels per day. But experts warn that further depleting the nation’s emergency stockpile could be
As oil prices spike, governments are slashing fuel use and eyeing renewables — threatening to erode global demand for fossil energy.
Gov. Hochul’s reliance on fossil fuels may end up costing more than renewables, clean energy advocates say.
The Iran war will accelerate the region’s economic transformation.
On February 28, the US and Israel launched new attacks on Iran targeting primarily the country's leadership, security forces, and missile program.