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ABC News4/30/2026EnergyUnited States

The price of Brent crude oil surges past $125 a barrel as worries brew over an escalation in the Iran war

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Brent crude oil prices surge past $125 per barrel amid growing concerns about potential escalation in the Iran war, according to an Associated Press report from Hong Kong.

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Brent crude oil prices surge past $125 per barrel amid growing concerns about potential escalation in the Iran war, according to an Associated Press report from Hong Kong.

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The AI boom is driving massive demand for energy, leading to a resurgence in fossil fuels. Renewable energy advocates are pushing for data centers to be powered by clean sources, facing challenges as wind and solar construction can't keep pace with demand. Several states are enacting legislation to ensure data centers meet renewable energy benchmarks.

ABC News

Developing·7/9/2026

Middle East Conflict Accelerates Global Shift to Renewables and EVs

A new round of bombing in the Middle East, following a U.S.-Israeli war with Iran, has accelerated the global adoption of solar, batteries, and electric vehicles. Countries in Asia and Africa are reducing dependence on fossil fuels due to supply and price precarity, with China leading exports of renewable tech and EVs.

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Developing·7/6/2026

OPEC+ Agrees to Modest Oil Output Increase for August

OPEC+ announced Sunday that seven member countries will increase oil production by a combined 188,000 barrels per day in August. This marks the fifth consecutive month of output hikes, aiming to stabilize markets amid falling fuel prices influenced by a US-Iran interim deal and continued tensions in the Strait of Hormuz.

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Developing·7/1/2026

US Homeowners Embrace Batteries in Record Numbers, Boosting Grid Flexibility

US home battery installations hit a record 673 megawatts in Q1 2026, driven by state incentives and rising electricity costs. This trend enhances grid flexibility and could power AI data centers, with California and Hawaii leading installations.

Ars Technica

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Developing·6/30/2026

Solar Power Edges Past Coal for First Time in US Grid Data

Preliminary data suggests solar power surpassed coal generation on the US grid in April 2026 for the first time, driven by solar's rapid growth and coal's decline. A significant portion of solar production comes from rooftop installations.

Ars Technica

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The price of Brent crude oil surges past $125 a barrel as worries brew over an escalation in the Iran war

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