oil

The UAE has announced that it will leave OPEC and OPEC+ effective May 1, ending a membership that began in 1967—four years before the UAE itself was founded as a country. This signals a turning point in the UAE's role in global energy.The…

For its famous intractability, the Bloomberg Terminal has long inspired devotion, bordering on obsession. Among traders, the ability to chart a path through the software’s dizzying scrolls of numbers and text to isolate far-flung…

“Grid growth can't match AI demand, so a pragmatic 'all-of-the-above' strategy is essential—with gas as a critical bridge,” Cully Cavness, the cofounder and president of Crusoe, told WIRED in a statement. “This isn't the destination; it's…

Iran’s Islamic Revolutionary Guard Corps warned Tuesday that it plans to begin attacking more than a dozen American companies across the Middle East on Wednesday in retaliation for the killing of Iranian citizens in the ongoing war with the…

She thinks some of these individuals will never stop running cover for the company because of their long-term investments. “To me it's a lot about the money, more about the money than it is Elon—even though they say it's Elon,” she says.No…

After years of chaos in the global supply chain, Ryan Petersen, CEO of the logistics company Flexport, felt 2026 might offer some modicum of order. The pandemic was firmly in the rearview mirror. Red Sea shipping channels—which had been…

South Korean officials have warned that the US-Israel war with Iran could hit the global semiconductor supply chain if it disrupts the flow of critical industrial materials from the Middle East.South Korea’s semiconductor sector, led by…

Peter Thiel—the billionaire venture capitalist, PayPal and Palantir cofounder, and outspoken commentator on all matters relating to the “Antichrist”—appears at least 2,200 times in the latest batch of files released by the Department of…

Data centers have caused the demand for gas-fired power in the US to explode over the past two years, according to new research released Wednesday. More than a third of this new demand, the research found, is explicitly linked to gas…

When DeepSeek burst onto the global stage in January 2025, it seemed to appear out of nowhere. But the large language model was just one of the thousands of generative AI tools that have been released in China since 2023—and there’s a…