From oil markets to reconstruction, the fallout from the conflict will unfold over years

Investor sentiment also helped by SpaceX’s historic initial public offering

UK firm’s SMR unit beats competition from GE Vernova Hitachi for its third major contract

Also in this newsletter: Kallas fronts up amid EEAS reform talk

Investment in both fission and fusion suggests attitudes are changing

Technology is tackling complexities that have held back progress in cutting energy waste

Companies are pressing ahead with emissions cuts to boost efficiency and competitiveness

Opportunity to transform materials discovery could outweigh risks of high energy consumption

Companies that acted early to decarbonise now face uncertainty as Brussels waters down climate targets

Regulatory changes could threaten $50bn of investment, embassy warns