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Will Oil Prices Rise as the US-Iran Truce Frays? The Answer Lies With China.

For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.

Β© Agence France-Presse β€” Getty Images

A tanker at a crude oil terminal in Qingdao, China. Typically the world’s largest oil importer, China slashed purchases this spring.
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To Reduce Electrical Grid Strain Amid Heat Wave, Data Centers Are Ordered to Use Backup Power

As triple-digit temperatures engulf much of the United States, the Trump administration wants grid managers to require the use of backup power that often goes unused.

Β© Leah Millis/Reuters

The energy secretary has asked grid managers to require data centers to use backup power when electrical systems are under strain during the heat wave.
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