Dow Jones Top Energy Headlines at 12 AM ET: The Iran War Has Oil-Rich Alaska Freaked Out About $9 Gas | Oil …

The Iran War Has Oil-Rich Alaska Freaked Out About $9 Gas

Trump’s energy agenda is poised to boost the industry, but Alaskans are reeling from war-driven price increases.

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Oil Futures Slip While Holding Near Pre-Conflict Level

Oil futures settled lower while largely shrugging off developments that would usually be bearish for prices.

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OPEC, Allies Hike Output Again as Hormuz Traffic Starts Recovering

The fifth consecutive increase comes as the cartel continues to unwind production cuts introduced in recent years.

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Brookfield Approved as Lead Bidder for GoldenPeaks in Bankruptcy Sale

A Houston judge ruled in favor of the asset manager’s financing and a fast-tracked sale process for the solar company, despite lender objections.

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Energy & Utilities Roundup: Market Talk

Find insight on oil futures, TotalEnergies, Malaysia’s utilities sector and more in the latest Market Talks covering energy and utilities.

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AI Data Centers Use Far More Water Than Most Tech Giants Report

Water used at the power plants that supply electricity to data centers can be much greater than the water used in the data centers themselves.

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Canada, Alberta Agree to Back New Crude Pipeline to Pacific Coast

The move is another sign of Prime Minister Mark Carney’s bid to position Canada as an energy-exporting superpower.

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AI Is Straining Big Tech’s Climate Goals

Google and Amazon are seeing spikes in carbon emissions as they build data centers.

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Summer Driving Season Is Here, and More Americans Than Ever Are Hitting the Road

Prices at the pump are still elevated, but pressure is easing, leaving more money to spend on road-trip fun.

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The ‘Five Alarm’ Risks Facing the Power Grid This Summer

High temperatures, new AI data centers and drought conditions pose challenges to the electricity system.

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U.S. Crude Oil Inventories Extend Decline

Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 3.8 million barrels to 408.4 million barrels in the week ended June 26, and were about 7% below the five-year average for the time of year, the EIA said.

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National Grid to Invest $1.75 Billion in Joulent in U.S. Energy Push

National Grid will get a 35% stake in Joulent, which is developing contracted power generation and high-voltage infrastructure for U.S. customers that require substantial amounts of power.

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Eni, Mercuria to Establish Commodities Trading Joint Venture

The Italian oil-and-gas major said the joint venture with Swiss trading firm Mercuria will operate independently and trade commodities such as oil, gas, liquefied natural gas and biofuels.

(END) Dow Jones Newswires

July 07, 2026 00:15 ET (04:15 GMT)

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