American professional baseball pitcher for the Minnesota Twins (MLB)
Oil and petrol prices have fallen after the U.S. and Iran reached a tentative deal to reopen the Strait of Hormuz, but global inventories and U.S. strategic reserves have dropped to decades-low levels and will take months to rebuild. Consumers are seeing smaller pump prices now; wholesale and crude markets remain fragile while production, shipping and refinery capacity restart is underway.
Solar power has for May provided more electricity than coal for the first time, reaching 12.8% vs 12.2% and signaling a lasting shift toward renewables amid policy headwinds. Emitted by Ember, SEIA and Wood Mackenzie, the data show solar remains the leading source for new power as coal declines. Trump’s plan to bolster coal faces industry pushback.
The Reflecting Pool renovation amid America’s 250th celebrations has exposed ongoing problems. Algae blooms reappeared after a $14 million upgrade, while officials cite sabotage and lawmakers probe no‑bid contracts and the costs tied to the milestone.
Gas prices remain elevated amid renewed fighting in the Iran conflict. National averages hover near $4 per gallon, with regional spikes on the West Coast. The White House says energy supply will be stabilized, while voters link costs to inflation and political stakes ahead of elections.
The White House has expanded a nonbinding Ratepayer Protection Pledge to include nearly 200 additional utilities, governors and data‑center developers, and President Trump has urged local leaders to welcome data centers as economic opportunities. Critics say the pledge lacks enforcement and will not prevent rising electricity bills as AI-related power demand grows.
The Jones Act waiver has been narrowed and extended for 90 days, with case-by-case reviews for voyages. The extension aims to keep fuel moving amid Iran-related disruptions, as prices remain volatile and the Strait of Hormuz remains contested.