Energy Secretary Chris Wright predicted Tuesday that the amount oil moving through the Strait of Hormuz will “continue to rise” as the U.S. and Iran work to end the 100-plus day conflict. During an Atlantic Council event, Wright said that traffic through the strait, a key oil shipping chokepoint, was “rising very meaningfully.” He added that oil…
Energy Secretary Chris Wright predicted Tuesday that the amount oil moving through the Strait of Hormuz will “continue to rise” as the U.S. and Iran work to end the 100-plus day conflict. During an Atlantic Council event, Wright said that traffic through the strait, a key oil shipping chokepoint, was “rising very meaningfully.” He added that oil…
A federal judge over the weekend struck down a Trump administration effort to restrict tax credits for wind and solar energy. While the ruling is a win for renewable energy supporters, it comes less than a month before a key deadline to phase out the credits entirely under Republicans’ “Big Beautiful Bill,” so it’s unclear how wide-reaching the…