Dow Jones Top Energy Headlines at 12 AM ET: Oil Prices Surge on Renewed Iran Tensions, Rekindling Inflation Fears
Global crude prices have reached their highest levels in five months due to renewed tensions with Iran and increased inflation fears. Federal agencies are partnering with startups to deploy floating power barges and nuclear cargo fleets. The Oakland, Calif., utility, Carrier, now expects full-year adjusted earnings of between $3.10 and $3.,40 a share after reporting a profit of $250.3 million due to demand for its on-site power solutions. The move is part of a broader effort by President Donald Trump to address opposition to the AI boom ahead of the midterm elections. The head of Kuwait's state oil company stated that the biggest bottleneck to the global energy industry is no longer crude oil.
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Global crude prices are nearing their highest levels in five months.
Inside the U.S. Push to Put Nuclear Reactors in Ports and on Cargo Ships
Federal agencies are teaming up with startups to deploy ... [1937 symbols]
Chủ đề: Markets, Oil & Gas, Inflation, Energy Sector, Oil Sector, Stocks