Mexican state oil company Petroleos Mexicanos reported a 45% year-over-year drop in crude oil exports for August, diverting supply to its domestic refineries as part of a national energy self-sufficiency strategy.
Legislation that would have required state utility regulators to consider passing the cost of new power infrastructure to large users like data centers appears set to fail in the U.S. Senate, according to reports.
A flydubai flight from Dubai to Tel Aviv was forced to make an emergency landing in Saudi Arabia after the co-pilot allegedly attacked the captain, causing a rapid descent. Passengers reportedly intervened to subdue the attacker, allowing a reserve crew to safely land the aircraft.
A group of Republican and Democratic senators announced an agreement on legislation to reform the permitting process for large energy projects, though a vote is not anticipated until after the November elections.
Israel announced it will implement enhanced security checks on all pilots flying into the country following an incident where a flydubai co-pilot allegedly attacked the pilot on a flight to Tel Aviv.
The U.S. is launching a new international plan, the 'Milwaukee Framework,' to coordinate global action against excess steel production. The initiative encourages countries to consider stronger trade barriers, such as tariffs, against nations with significant overcapacity.
Crude oil prices are being supported by a significant geopolitical risk premium even as Persian Gulf exports have returned to 2025 average levels, according to an analysis by Goldman Sachs. The bank points to low global inventories and fears of supply escalation as key factors.
A severe degradation of Cuba's water and energy infrastructure, worsened by a U.S. fuel blockade, is causing widespread viral outbreaks in Havana, according to health officials and a recent U.S. health alert.
President Trump is expected to direct $54 billion from a South Korean strategic fund toward the long-stalled Alaska LNG export facility and other U.S. projects, according to people familiar with the plans. The investment could provide a critical financial boost to the project, which has faced years of commercial uncertainty.
