The oil price shock caused by the Iran war has turbocharged BP shares, pushing them up roughly 33% so far this year.
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The grid is already being tested by the massive demand for data centers to support the artificial intelligence boom.
Morgan Stanley analysts on Monday granted the US LNG exporter a rare double upgrade, changing its rating from underweight to overweight.
The company said this year that it is on track to double its data center-related orders to $3 billion in the three years through 2027.
Iranian strikes on Qatar’s Ras Laffan plant eliminated three to five years of LNG exports worth some $20 billion in yearly revenue.
The iShares Global Clean Energy ETF jumped more than 5% last week, exceeding the oil-and-gas-focused Vanguard Energy ETF’s 1.3% gain.
Markets are pricing in practically no chance of a rate cut when officials meet later this month, according to the CME Fedwatch.
Some traders see a possible parallel to the spike and subsequent crash in oil prices in 2008 if the war drags on and threatens supplies.
The US-Israel conflict with Iran has triggered the biggest oil supply disruption ever, topping the 1956 Suez crisis.
Oil production in the Middle East may fall dramatically if the Iran conflict traps stockpiles from being shipped out of the region.
Oil prices are surging as Iran’s counterattacks on the US and Israel curbed shipments through the Strait of Hormuz.
Deep Fission wants to bury a small modular reactor a mile underground and scored $80 million in financing to help it get there.
The good times may not last as the dynamic between AI firms and utility companies draws bipartisan scrutiny.
Has the dawn of the nuclear fusion age arrived? One developer of the powerful energy-generating tech says it will be available in 10 years.
UK oil major Shell posted its weakest quarterly profit in nearly half a decade on Thursday, sending its New York-listed shares down 5.3%.