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Danube Drought Shuts Nuclear Power Plant in Romania
Hungary is planning to build a riverbed structure in the Danube River, in a bid to raise water levels enough to keep that country's only nuclear power plant online.
Cargo Ship on the Danube River. Photo: iStock.com/tepic
U.S. Extends Jones Act Waiver 90 for Days
Unlike the previous extensions, the Pentagon will consult with the U.S. Department of Transportation Maritime Administration to decide which voyages are exempt from the Act.
Photo: iStock.com/SupawadeeAdam
GM Pulls Out of EV Battery JV with Samsung
Samsung will now acquire the U.S. automaker’s stake, citing weaker-than-expected ‌electric vehicle demand, after ⁠the loss of a $7,500 U.S. federal tax credit in September 2025.
Energy Storage System. Photo: iStock/zhudifeng
U.S. Strategic Oil Reserves Fall to Lowest Level Since 1983
The U.S. Strategic Petroleum Reserve has been utilized more in the last five years than at any point in its 51 year history.
Photo: iStock / peshkov
U.S. to Pay Wind Energy Co. $1.2B to Cancel Projects
Trump has long been a stalwart opponent of energy sources other than fossil fuels.
Photo: iStock.com/kamilpetran
Canada Seeks to Avoid Looming 50% Tariffs
Canada has been vocal and active in pushing back against punitive tariffs, as well as Trump's repeated claimes he intends to make the country the "51st State."
'Shop Canadian' signs on grocery store shelves in Victoria, Canada. Photographer: James MacDonald/Bloomberg
Turkey Delays Black Sea Ship Access After Surge in Attacks
The latest delays threaten to add a fresh complication to global trade at a time when oil flows are already being significantly disrupted by the war in Iran.
Sunset over Istanbul's Hagia Sophia mosque, on the Bosphorous.Photo: Helen Atkinson
U.S. Senate Passes Russia Sanctions Bill Championed by Graham
Trump’s Democratic critics warned the sanctions bill won’t do much if Trump doesn’t change course over Vladimir Putin.
A resident looks at the site of a Russian missile strike in Kyiv on Aug. 5. Photo: Bloomberg
Iran Seeks to Bar U.S. Ships as Hormuz Deal with Oman Advances
Both U.S. and Iranian officials have been signaling in recent days that some kind of accord on Hormuz is close.
Image: iStock/Tomas Ragina
Kellogg to Remove Artificial Dyes from Cereals Earlier than Planned
Kellogg, along with other food producers, has faced mounting pressure for years to remove artificial ingredients from its cereals.
Synthetic Food Dyes Enumbers I Stock Erierika 153002885
UAE Defies Hormuz Risks to Keep Crude Flowing to Global Market
The stop-start nature of negotiations over reopening the Strait of Hormuz in recent months means analysts and traders expect shuttling to continue in some form.
The Port of Fujairah, UAE. Photo: iStock/Aleksandra Tokarz
The Repricing Gap: How Falling Energy Costs Trigger Margin Risk
While crude prices can move almost overnight, the costs that manufacturers and distributors actually incur often take weeks or months to adjust.
Photo: iStock / peshkov
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