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A year after the Ukraine invasion, oil market much changed
A year after the Ukraine invasion, oil market much changed

A year after Russia's invasion of Ukraine, the oil market has become more fragmented and uncertain, a dynamic expected to boost crude prices over the long term. The oil market "is radically different in some ways than it was before the invasion of Ukraine," said Jim Burkhard, head of research for oil markets, energy and mobility at S&P Global Commodity Insights.

US to be 'global leader' in energy transition: Energy Secretary
US to be 'global leader' in energy transition: Energy Secretary

Pointing to key Biden administration policies to mitigate climate change, Energy Secretary Jennifer Granholm promised Wednesday that the United States would lead global energy transition. "The United States will be the global leader of this transition," she added.