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Balcony solar bill dies in Illinois after union voices opposition
Lawmakers backing an Illinois bill that would clear the way for balcony solar have ended their push to pass the measure this year. With three weeks still to go in the legislative session, they hit a stalemate as opponents, including the state’s powerful electrical workers union, raised concerns about safety. …
US Hits Iran-Flagged Oil Tankers While Peace Talks Continue
U.S. forces struck two empty Iranian-flagged oil tankers in the Gulf of Oman on Friday, escalating pressure on Tehran’s shipping network even as Washington says a potential deal to halt the war could be close. U.S. Central Command said the vessels were attempting to violate the American naval blockade around Iranian ports. According to CENTCOM, fighter aircraft disabled both tankers by firing precision munitions into their smokestacks. A third Iranian-flagged vessel had already been disabled earlier this week. “All three vessels are…
Oil Markets Whipsawed by Conflicting U.S.-Iran Signals
Oil prices head for a 7% weekly loss as traders struggle to price in conflicting signals from U.S.-Iran talks and ongoing Middle East attacks. Friday, May 08, 2026 Oil prices are set for a 7% weekly loss after markets remain confused about the outlook of a potential US-Iran negotiated settlement. ICE Brent is set to close the week at $101 per barrel, even as missile strikes and drone hits continue to sap any quick diplomatic breakthrough between Washington and Tehran. Meanwhile, the CFTC announcing it would investigate Trump’s war-related…
Energy Desk
Pakistan Shuns Spot LNG
China’s Strategic Edge in the U.S.-Iran Crisis
Bill Seeks Moratorium on US Oil Exports
Fertilizer shortages: What are Africa's options during the Hormuz crisis?
6 killed, 13 injured as mortar shell hits civilian area in northwest Pakistan
Sponsored: In-rack CDU v. floor-mounted CDU: Which option is better for your data center?
Solar backup power supports Ukrainian intensive care units during grid outages and cyberattacks
Industry can dodge fuel shocks by electrifying. What’s the holdup?
Europe’s quest for green steel
Nigerian refinery accused of sacking union members is key to UK plan to tackle jet fuel shortage
