Updated Dec. 26, 2023 10:15 am ET Iran has tripled production of nearly weapons-grade uranium in a move likely to deepen its confrontation with the West as Tehran helps allied militias to attack Israel and U.S. forces in the region. Iran’s decision to triple its production rate of near-weapons-grade uranium marks the collapse of quiet … Read more
Beginning January 8, Today in Energy will encompass a broader range of analysis. Pieces previously published as This Week in Petroleum, the Electricity Monthly Update, and the Natural Gas Weekly Update’s In the News will now fall under Today in Energy. We consolidated these products to provide timely analysis on a variety of fuels … Read more
Listen to article (2 minutes) Dubai, a desert city known for private jets, giant yachts and other symbols of carbon-heavy high living, is an awkward location for a conference on climate change. It’s hardly a surprise that the man in charge also runs the national oil company. Hosting the United Nations’ annual climate confab—known as … Read more
Frankfurt was ready to celebrate. Only a year after the 2016 Brexit referendum, the vast majority of US banks had set up their EU hubs in the German city. International school places were being block-booked ahead of relocations from the UK and property prices were rocketing. But the French government had other ideas. Emmanuel Macron, victorious … Read more
The U.S. manufacturing sector faced its 11th consecutive month of contraction, but signs of resilience are emerging, according to the latest Manufacturing ISM Report On Business. The Manufacturing PMI registered 49% in September, up 1.4% points from August, marking its highest level since November 2022. While this extends the contraction streak, it also marks the … Read more