World Bank Group President David Malpass said widening inequality is his biggest concern about the global economy, calling on advanced nations to do what they can to assist the poorest countries as they grapple with high inflation.
Constrained by the capacity limits of renewable energy and ambitions to reduce reliance on fossil fuels, nuclear energy is getting a second look in the U.S. as lawmakers race to keep their climate goals intact.
One of Biden’s top energy aides confirmed Friday that no extension of releases from the Strategic Petroleum Reserve - scheduled to end this fall - is in the offing. But added a promise that it’s not going to lead to any supply shocks.