AGP Executive Report
Last update: 5 hours agoCourt Ruling: The U.S. Fifth Circuit struck down Biden-era energy-efficiency rules for gas stoves and ovens, saying the Department of Energy broke proper rulemaking steps and left states out of the process. Geopolitics & Oil: Iran-U.S. talks remain in flux as the Strait of Hormuz stays a flashpoint; the U.S. expects Iran-war disruptions to hit about 600,000 barrels per day through next year, while the U.S. Strategic Petroleum Reserve fell below 300 million barrels for the first time since 1983. Fuel Prices at the Pump: GasBuddy and AAA data show prices easing from spring highs but still elevated versus last year, with local spot checks highlighting diesel and premium swings tied to crude and shipping risk. Grid Storage Watch: Sodium-ion batteries are gaining U.S. attention as utilities and data-center operators look for cheaper, safer storage alternatives as China’s BYD and CATL expand output. Maritime Enforcement: The U.S. sold two seized “shadow fleet” tankers for scrap, underscoring ongoing sanctions enforcement tied to Iran-linked shipping.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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