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How the Iran War Became NATO’s Biggest Crisis

President Donald Trump told Reuters on Wednesday that he is considering withdrawing the United States from the 76-year-old alliance after European allies declined to send warships to reopen the Strait of Hormuz to global shipping. "Wouldn't you if you were me?" he asked. Earlier this week, in an... Далее

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How the U.S. and Europe Are Betting Differently on Energy Security

Europe is making a push for a robust homegrown offshore wind sector at the same time that the United States is gutting its own. The world's largest wind farm, currently under construction in the North Sea, made major progress on March 26 when it successfully connected its first export cable from... Далее

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Trump Says US Could ‘Take the Oil’ in Hormuz Push

President Donald Trump said Friday the United States could reopen the Strait of Hormuz and “take the oil and make a fortune,” framing control of the world’s most critical energy chokepoint as both a strategic and economic opportunity. The Strait carries roughly 20% of global oil supply. Traffic... Далее

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BP’s New CEO Faces a Defining Test as War Boosts Profits

In one sense it’s a baptism of fire – in another, hardly at all. Meg O’Neill’s arrival as the first female chief executive of BP comes, in a sense, at an auspicious moment. Oil majors’ earnings are set for a significant windfall from the conflict in Iran, with those of BP and Shell forecast to see... Далее

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Cuba Frees 2,000 Prisoners Amid Oil Supply Crunch

Cuba will release 2,010 prisoners as U.S. pressure on the island intensifies, with fuel shortages and economic strain mounting under tightened restrictions. The Cuban government described the move as a “humanitarian and sovereign gesture.” Those eligible for release include foreign nationals, young... Далее