Semafor net zero

Oil prices tumbled as Iran and Israel agreed to a ceasefire.

Oil prices are expected to jump in reaction to the US strikes on Iran’s nuclear facilities, but the long-term impact may be muted, experts said.

There’s a silver lining for climate activists in the latest data on banks’ financing for oil and gas.

The European Commission’s plan to end the bloc’s dependence on Russian energy was first published last month.

The government moved to back a major new plant with $15 billion in funding, and said Rolls-Royce would make the country’s first small modular reactors.

The world’s biggest asset manager read the writing on the wall before many of its peers.

A prolonged stretch of sub-$60 oil will hurt Russia but give Gulf countries more leverage.

A bipartisan push for permitting reform will be on the docket in Congress after budget talks.

Ecosystem conservation is a harder sell than carbon abatement.

The average market share of critical minerals by the world’s top three producers reached 86% in 2024, up from 82% in 2020.

The budget talks are a high-stakes test of how effective K Street’s new energy teams can be on Capitol Hill.

The projects, which had been conditionally approved by the Department of Energy’s Loan Programs Office, are mostly battery factories.