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Delta CEO: Jet fuel costs double, airfares rising since Iran war
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Oil Surge Tied to Iran Tensions | Open Interest 3/20/2026
Oil prices are rising amid escalating tensions involving Iran, with markets reacting to reports that the U.S. is considering actions targeting Kharg Island, a key Iranian oil export facility. This potential move has spar
Trump admin. rushes to contain rising oil and gas prices amid Iran war
The Trump administration is taking urgent steps to address escalating oil and gas prices as tensions with Iran persist. Officials are exploring emergency measures, including potential releases from the Strategic Petroleu
UK Chancellor Rachel Reeves Unveils VAT Cuts to Combat Rising Costs
The UK Chancellor Rachel Reeves has introduced a reduction in VAT for family-oriented venues such as theme parks, zoos, and museums. This measure is intended to make family outings more affordable during the summer holid
Bloomberg Surveillance 3/16/2026
Bloomberg Surveillance on March 16, 2026, features daily insights from top figures across finance and policy. Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern host conversations with influential voices from Wall Str
Trump Asks Allies For Help With Hormuz, Nvidia GTC Underway | Bloomberg Businessweek Daily 3/16/2026
President Trump has called on international allies to support U.S. efforts to ensure the safety of commercial tankers passing through the Strait of Hormuz, emphasizing the strategic importance of the waterway amid rising
Russia and the Global Economy: Could Strategic Partnerships Solve the Energy Crisis?
Russia’s potential reintegration into global energy markets is under scrutiny as nations face ongoing supply disruptions and rising prices. With tensions in the Middle East contributing to market instability, some policy
Why the US is turning away from electric vehicles | Transforming Business
The United States is seeing a slowdown in electric vehicle adoption as federal policies shift under the Trump Administration, reversing many of the incentives and regulations introduced during the Biden era. This move ha
Inflation Hits 3.8%: How the Iran War Is Driving US Energy Costs Higher
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Crisis in the Crude: Can Venezuela’s Crumbling Oil Industry Recover?
Venezuela holds the world’s largest proven oil reserves, yet its ability to extract and export crude remains severely limited. Decades of underinvestment and neglect have left pipelines, refineries, and drilling equipmen
Trump Scraps Refrigerant Restrictions to Lower Business Costs
President Donald Trump has eliminated certain regulations on refrigerants used in cooling systems, calling prior rules "ridiculous" and asserting the change will reduce operational expenses for businesses. The decision t
Controversial Spending: Trump Administration Pays Nearly $1 Billion to Cancel Wind Farms
The Trump administration's decision to allocate nearly $1 billion to energy companies to halt offshore wind farm projects has drawn widespread criticism from lawmakers across party lines. This expenditure, aimed at cance
Global Recession Fears: Why Economic Data May Be Lagging Behind Reality
This page discusses rising concerns about a potential global recession, highlighting a disconnect between official economic data and the real experiences of consumers and businesses. Although current statistics have yet
Why California's Gas Prices are Skyrocketing Far Beyond the National Average
California’s gas prices have surged to an average of $6.13 per gallon, significantly above the national average of $4.48. A major contributor is the state’s high gasoline tax, which stands at 71 cents per gallon—more tha
Record Gas Prices Strain Budgets as Drivers Cut Back
The national average price for gasoline has climbed to its highest level in four years, currently standing at $4.30 per gallon. This increase marks an 8-cent rise overnight and a total surge of $1.33 since late February,
Nairobi's Electric Revolution: Powering the Future Beyond Fossil Fuels
Nairobi is undergoing a significant shift in urban mobility as rising fuel costs and supply instability push the city toward electric motorbikes. This transformation reduces dependence on imported fossil fuels and suppor
Shell at an 'Inflection Point' Amidst Energy Pressures: CEO
Shell's CEO Wael Sawan describes the company as being at a pivotal moment amid rising challenges in the energy sector. Facing increased supply tensions linked to the Middle East conflict alongside surging global energy d
Significant 'overlap' between auto industry and arms manufacturing, expert says • FRANCE 24
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The Choke Point That Could Break the Global Economy
The Strait of Hormuz has emerged as a critical flashpoint with far-reaching economic consequences. As tensions between Iran and global powers escalate, disruptions to shipping in this narrow waterway threaten oil flows t
Oil supply shock hardens energy transition resolve – for some • FRANCE 24 English
The ongoing energy crisis linked to tensions in the Middle East has prompted varied responses among nations. Some countries have reaffirmed their commitment to renewable energy, citing the recent oil supply shock as proo
NextEra CEO John Ketchum on Energy Demand, AI Power Needs at CERAWeek
NextEra Energy's CEO John Ketchum shares insights on the increasing demand for energy and the specific needs arising from artificial intelligence applications during his appearance at CERAWeek in Houston. He highlights h
Greek Energy Minister on Energy Prices and Iran War Impact at CERAWeek
Greek Energy Minister Stavros Papastavrou discussed current energy pricing trends and the potential implications of ongoing tensions involving Iran during a session at CERAWeek in Houston. Speaking with Bloomberg’s Julie
United CEO warns fares rising as fuel costs surge amid global tensions
United Airlines CEO Scott Kirby has warned that ticket prices are expected to rise significantly due to escalating fuel costs, exacerbated by ongoing global tensions. Speaking at Los Angeles International Airport, Kirby
Crusoe CEO on Abilene Project and Data Center Energy Demand at CERAWeek
Crusoe CEO Chase Lochmiller shares insights on the company’s new data center project located in Abilene during an interview at the CERAWeek conference in Houston. He addresses the increasing energy requirements associate
Gulf Energy Crisis: The Struggle to Restore Oil and Gas Flows
The recovery of oil and gas exports in the Gulf faces significant challenges as producers work to restore operations disrupted by regional conflict. Key infrastructure such as refineries, liquefied natural gas terminals,
A spiralling energy crisis: Strikes on gas, oil sites have sent prices soaring again • FRANCE 24
A growing energy crisis is unfolding as strikes at key gas and oil production sites have triggered a sharp rise in global energy prices. Analysts point to disruptions in supply chains and reduced output from critical inf
Oil Prices Surge on Hormuz Blockade; Samsung Eyes US Listing
Oil prices have risen sharply, with Brent crude surpassing $85 per barrel following President Trump's decision to reinstate a blockade on Iranian shipping in the Strait of Hormuz. The administration has introduced a new
Fed reserve chair: 'Higher energy prices expected in near term'
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'Shock to the system': Iran war's ripple effect on the economy
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Bloomberg Surveillance 3/18/2026
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Oil Surges as Energy Assets Hit in Mideast; Fed Holds Rates | The Asia Trade 3/19/2026
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TC Energy Could Invest Billions More in US, CEO Says
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Burnham Unveils Bold Energy Shift: New North Sea Drilling and Public Utility Takeovers
Andy Burnham has announced a major policy reversal by proposing new oil and gas drilling projects in the North Sea if he becomes prime minister. This marks a shift from prior commitments to end new licensing, though exis
Russia’s oil escape as the US loosens sanctions | DW Business
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New UK Government Energy VAT Cut Met With Immediate Scrutiny
The UK government has introduced a temporary reduction in Value Added Tax on energy bills, aiming to alleviate pressure on household budgets amid rising living costs. This policy was announced just before the first cabin
UK PM Andy Burnham Scraps Digital ID to Fund Energy VAT Cut
UK Prime Minister Andy Burnham has unveiled a plan to eliminate the Value Added Tax on household electricity bills, aiming to ease the financial burden on citizens amid rising living costs. This measure is part of a broa
Trump's Tariff Threats and Iran War Costs: Businessweek Daily
President Trump’s recent threats to impose tariffs on Canadian goods have reignited debate over the use of the 1930 Trade Act, a rarely invoked law that grants broad executive authority in trade matters. Bloomberg’s Tari
Oil Jumps as Houthis Strike Saudi Tankers, Creating Two-Chokepoint Risk
Oil prices rose sharply following Houthi militant attacks on two Saudi oil tankers in the Red Sea, intensifying concerns over global energy security. The incidents have led shipping companies to reroute vessels away from
Trump Announces Major Data Center Development at EPA Headquarters
President Trump unveiled plans for a large-scale data center project at the Environmental Protection Agency headquarters, emphasizing upgrades to federal digital infrastructure. The development is designed to strengthen
Energy Crisis: US Strategic Oil Reserves Hit 43-Year Low Amid Iran Conflict
The United States is experiencing its lowest level of strategic oil reserves in 43 years, driven by escalating tensions with Iran and concerns over the potential closure of the Strait of Hormuz. This situation has prompt
They pay 30% less for electricity. Their secret? Solar panels • FRANCE 24 English
Residents in Escourse, a small French town with around 800 inhabitants, now pay 30 percent less for electricity compared to the national average. This reduction is due to a long-term commitment to renewable energy, parti
Tech and Energy Volatility: SK Hynix Tumbles While Oil Prices Surge Amid Iran Conflict
This page provides a detailed report on the volatility affecting both the technology and energy markets amid the escalating conflict involving Iran. It highlights the significant drop in SK Hynix's stock during its secon
NY Gov. Hochul Defends Data Center Moratorium Amid AI Boom
New York Governor Kathy Hochul defends the state’s one-year pause on large-scale AI data center projects, calling it a necessary step to assess their environmental and energy demands. She emphasizes that these facilities
Can tapping into oil reserves help stabilize prices?
The International Energy Agency’s decision to release 400 million barrels from global oil reserves marks a significant shift in energy policy. This move surpasses previous emergency releases, including those following Ru
Russia’s Energy Vulnerability: Fuel Shortages and Drone Strikes
Over 50 regions across Russia are experiencing significant fuel shortages, driven by a combination of international sanctions and sustained Ukrainian drone attacks on critical energy infrastructure. These strikes have ta
Wall Street Week: Fed's Future, AI's Coding Revolution, Geothermal Energy, and Vegas's New Bet
Wall Street Week focuses this time on the potential changes at the Federal Reserve, with particular attention to Kevin Warsh's possible role in shaping the institution's future direction. The program also delves into the
Rising Costs and Consumer Frustration: The Memorial Day Grocery Squeeze
Consumers across the country are feeling the strain as Memorial Day approaches, with grocery prices continuing to climb despite steady demand for holiday essentials. Stew Leonard Jr., CEO of Stew Leonard's, highlights ho
Amazon-Backed Nuclear Firm X-Energy Raises $1.02 Billion in IPO
X-Energy, a nuclear energy company backed by Amazon, successfully raised $1.02 billion in an upsized initial public offering, marking a significant development in the current wave of renewed interest in public market off