Browsing Tag
Chris Wright
8 posts
US and Iran peace talks stall: Why oil prices spiked on May 11, 2026
Donald Trump rejected Iran's counterproposal as totally unacceptable. Benjamin Netanyahu says the war is not over. Oil traders are pricing in a longer Hormuz shutdown.
Blockade day one: Iran shadow fleet defies United States order, Starmer rallies 40 nations and prices near $100
The US Iran port blockade began April 13 with a sanctioned shadow tanker transiting Hormuz unchallenged as oil neared $100 and Starmer convened 40 nations.
White House says Iran war ending soon. Tehran says it never asked for a ceasefire
Trump threatens more Kharg Island strikes as US officials predict weeks to war's end. Iran rejects talks and vows to outlast the US-Israel campaign.
Trump calls on oil-importing nations to take shared responsibility for Strait of Hormuz security as global shipping crisis deepens
Trump calls on China, Japan, South Korea, France, and UK to send warships to the Strait of Hormuz as US-Iran war keeps global oil shipping at a standstill.
Trump administration authorises 172 million barrel SPR drawdown as 32 IEA nations coordinate record emergency oil release
US releases 172 million barrels from the Strategic Petroleum Reserve as IEA coordinates a record 400 million barrel drawdown amid Iran war supply disruption.
Hyosung Heavy Industries wins $530m US grid order as transmission upgrades accelerate
Hyosung Heavy Industries Co. Ltd. lands a record United States grid contract. Discover what this means for AI-driven power demand and transmission investment trends.
DOE unveils Aurora Exascale Supercomputer at Argonne with Intel and HPE to advance AI and scientific discovery
Aurora supercomputer unveiled at Argonne; DOE and tech leaders hail AI-driven scientific progress and national security impact.
Trump’s top energy official issues chilling warning to Iran: Oil exports not safe
US Energy Secretary Chris Wright has said Washington could block Iranian oil exports, echoing Donald Trump's earlier tactics, as nuclear talks resume.