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Energy

Strikes hit world’s largest natural gas field in Iran, and Tehran retaliates with more attacks

By JON GAMBRELL, DAVID RISING and SAMY MAGDY
Mar 18, 2026 9:00 am - Israel said Wednesday it killed another top Iranian official, the third in two days, while Iran lashed out with attacks on its Persian Gulf neighbors and Israel, using some of its latest missiles to evade air defenses and killing two people near Tel Aviv.
US producer prices rose by a surprisingly hot 3.4% last month, the most in a year

By PAUL WISEMAN
Mar 18, 2026 8:33 am - The Labor Department reported Wednesday that its producer price index — which measures inflation before it hits consumers — rose 0.7% from January, and 3.4% from February 2025. The year-over-year increase was the most since February 2025.
Iran war pushes countries into energy triage as they conserve power and curb soaring prices

By ANTON L. DELGADO and ANIRUDDHA GHOSAL
Mar 17, 2026 6:36 am - The escalating war with Iran is pushing parts of the world into energy triage, forcing governments to choose where to cut demand or absorb costs, while prioritizing dwindling supplies.
Israel says 2 top Iranian officials killed in airstrikes in blow to Tehran leadership

By JON GAMBRELL, DAVID RISING and SAMY MAGDY
Mar 17, 2026 6:30 am - Iran's top security official and the head of the Revolutionary Guard's Basij militia were both killed in overnight strikes in a blow to the country’s leadership, Israel's defense minister said Tuesday, while Tehran defiantly fired new salvos of missiles and drones at its Gulf Arab neighbors and Israel.
Israel steps up campaign in Lebanon, as Iran keeps stranglehold on shipping

By DAVID RISING, BASSEM MROUE and WILL WEISSERT
Mar 16, 2026 7:37 am - The war in the Middle East raged on multiple fronts on Monday, as the U.S. and Israel pummeled military targets in Iran’s capital, Israel stepped up its campaign against Iran-backed militants in Lebanon and Iran retaliated with a drone strike that temporarily shut Dubai’s airport, a crucial hub for travelers.
Trump suggests he may delay China trip, but Bessent says it's not to pressure on Strait of Hormuz

By WILL WEISSERT
Mar 16, 2026 7:22 am - President Donald Trump may delay his China trip due to the Iran war, but Treasury Secretary Scott Bessent said Monday it’s not to pressure Beijing on the Strait of Hormuz.
Potential battery storage facility stirs controversy in McHenry County

By Michelle Meyer
Mar 15, 2026 3:34 pm - Developers eyeing the construction of a battery storage facility near far northwest suburban Prairie Grove say they might come to the village with a formal proposal within the next few months.
Lisle data center abandons plan to add more power

By Alicia Fabbre
Mar 13, 2026 12:18 pm - A data center in Lisle that drew the ire of village officials last month for doing construction work without a permit has backed off plans to expand its power base.
Trump administration allows for Russian oil sales as energy prices soar

Evan Halper
Mar 13, 2026 7:43 am - The Trump administration on Thursday night temporarily lifted sanctions on Russian oil shipments in an effort to calm markets and stem the economic fallout from its war on Iran, which has sent crude prices spiraling upward.
Trump bragged about low gas prices. The Iran conflict has him doing an about-face

By JOSH BOAK
Mar 12, 2026 9:02 pm - Since starting a war with Iran caused oil and gasoline prices to spike, President Donald Trump has pivoted from a focus on keeping energy prices low to trying to paint high oil prices as a positive.

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