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‘I don’t see anyone accepting that’: Oil industry balks at Iran’s shipping toll

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Oil executives are citing international treaties, sanction laws and high payments in opposing Iran’s plan to charge ships passing through the Strait of Hormuz.
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Environment

How a power megamerger could lower bills — and still rile affordability politics

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Virginia could be a major bump in the road for NextEra’s proposed $67 billion merger with Dominion Energy.
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Environment

Treasury extends Russian oil sanctions waiver for another month

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A second extension of the waiver indicates that oil market pressures from the closure of the Strait of Hormuz have not eased.
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Environment

Texas county passes 1-year data center construction ban

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The moratorium applies to unincorporated parts of Hill County, a rural area facing eight potential data center developments.
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