Industry leaders at the Bloomberg New Economy Forum report that energy shortages and a lack of skilled labor are currently hindering AI data center growth more than chip availability.
Analysis by Transport & Environment shows that electric vehicle drivers pay less than half the cost per kilometer compared to those using diesel, amid rising fuel prices and refinery margins.
A parliamentary report reveals that crypto mining in Iran consumes up to 1,200 megawatts of power, causing an annual economic burden of $1,5 billion for the national grid.
Europe is paying a daily premium of €203 million for diesel, prompting calls for faster electrification to reduce the region's heavy reliance on the fuel.
Iran has adopted remote work and reduced office hours to manage an energy crisis, leading prediction markets to lower the odds of new transit fees in the Strait of Hormuz.
JPMorgan has suspended its baseline oil price forecasts, citing the inability of traditional models to account for the impact of the ongoing US-Iran conflict on global energy markets.
Global commodity prices have hit record highs, with the World Bank projecting a 16% increase in average costs for 2026 amid persistent inflationary pressures.
US diesel prices hit a record $5.85 per gallon due to Middle East conflicts and export bans, driving up transport costs and consumer prices.
