Energy News

Iran has partly reopened the Strait of Hormuz after a ceasefire with the United States, but the waterway remains tense, with seized ships still held and the threat of renewed conflict hanging over the region.

A federal audit says Puerto Rico’s electric power authority still has not received most of the billions in federal aid promised to rebuild the island’s storm-damaged power grid after Hurricane Maria.

The United States says it carried out new strikes on Iran after another attack on commercial shipping in the Strait of Hormuz, escalating tensions between the two countries.

The National Weather Service warned of extremely critical fire conditions in the Southwest as major wildfires spread across Utah, Nevada, New Mexico and Arizona.

The American EV Jobs Alliance praised California lawmakers for approving a first-time EV buyer incentive that uses state money and automaker matches to cut costs for new buyers.

Bitzero Holdings is turning its cheap power and Bitcoin mining sites into AI data-center assets, with Kevin O’Leary backing the move and OneQode Networks signing a major lease.

President Donald Trump is now accusing major oil companies of price gouging and wants the Justice Department to investigate, even though the industry helped fund his return to office.

Secretary Scott Bessent said the U.S. will give a 60-day sanctions waiver on Iranian oil, and oil prices fell as traffic through the Strait of Hormuz began to recover.

JD Vance said U.S.-Iran talks made strong progress and laid the groundwork for a deal to end the war within 60 days.

Sen. Cory Booker said President Donald Trump and Israeli Prime Minister Benjamin Netanyahu are putting Middle East peace talks at risk as the U.S. and Iran hold fragile ceasefire talks.

JD Vance led talks with Iran in Switzerland as the United States and Iran tried to extend a fragile deal to end the war and keep the Strait of Hormuz open, even as Donald Trump threatened more strikes.

Trump’s interim deal with Iran is under strain as Abbas Araghchi heads to Switzerland for talks while Hezbollah fighting in Lebanon continues.

Federal regulators backed a Trump administration plan to speed up how AI data centers connect to the power grid, aiming to meet rising electricity demand while keeping states in charge of retail rates.

Ukraine launched a major drone attack on Moscow, setting off fires, airport disruptions, and a strong response from Russia.

President Donald Trump’s push to keep gas prices down by using emergency oil supplies has driven U.S. storage levels to decades-low levels, while relief from the oil supply crunch remains uncertain.

President Donald Trump and Iran signed an interim deal that pauses the war, loosens sanctions, and lets Iran sell oil freely while talks continue on its nuclear program.

Iran’s Abbas Araghchi said the U.S.-Iran war deal depends on Israel pulling out of Lebanon, a demand Israel has already refused.

A tentative end to the Iran war may ease costs in the United States, but experts say it will take weeks or months before shoppers see much relief in gas, groceries, flights and shipping.

Stocks rose and oil fell after the United States and Iran reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz, easing fears about inflation and the energy supply.

Oil prices fell and global markets rose after the US and Iran agreed a peace framework that could reopen the Strait of Hormuz.