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May 2026
On May 12, the Energy Information Administration (EIA) released its May Short-Term Energy Outlook with revised assumptions about the conflict in Iran....
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May 2026
Reuters reports that the United Arab Emirates will accelerate construction of a new oil pipeline, the West-East 1 Pipeline, to double its pipeline export...
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May 2026
The Wall Street Journal reports that the Iran conflict has caused about 15% of global oil supply to be removed from the...
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May 2026
Heavy competition and a price war have resulted in electric vehicles (EVs) in China costing one-fifth of the price of an average...
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May 2026
President Trump rejected Iran’s latest offer to end the war, indicating that it was totally unacceptable. Among the conditions he found unacceptable were Iran’s demands for...
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May 2026
According to CNBC, the United States and Iran may be close to agreeing on a one-page, 14-point memorandum of understanding that would...
