EnergyPage 2 of 2

17 articles

Oil, gas, renewables, grid, and climate data

Russia and China Veto UN Resolution to Reopen the Strait of Hormuz

The Security Council voted 11-2 to demand Iran stop blocking commercial shipping, but Russian and Chinese vetoes killed the measure hours before Trump's military deadline.

WorldApr 7

U.S. Strikes Kharg Island for Second Time; Crude Oil Hits $113

CENTCOM reports another large-scale precision strike on Iran’s primary oil export hub, targeting military sites while avoiding oil infrastructure. WTI crude has nearly doubled since January. This is day 39 of the conflict.

EnergyApr 7

Gas Hits $4.25, Diesel $5.64 as Fuel Prices Rise for Sixth Straight Week

Regular gasoline rose to $4.25 per gallon for the week ending April 6, up 46% since January. Diesel hit $5.64, up 63%. The diesel-gasoline premium widened to $1.39 -- the widest since 2022.

MoneyApr 7

Q1 2026 Macro Snapshot: Falling Unemployment, Surging Gas, and a Fed on Pause

Cross-referencing Wire's primary-source data reveals a divergent economy: the labor market is improving, housing is accelerating, but energy costs are spiking 36% and the Fed has stopped cutting rates.

EnergyApr 7

Strait of Hormuz Threat Pushes Crude Past $100, Brent to $122

Iran tensions have driven WTI crude from $89 to $105 in one week and Brent to $122. Gas prices hit $3.99, up 36% from $2.94 five weeks ago. The Strait of Hormuz carries 20% of global oil supply.