Energy
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UAE reportedly halfway finished with oil pipeline that will bypass Strait of Hormuz
The pipeline was fast tracked in the wake of the blockade and is expected to be complete by 2027. It will double the UAE's export capacity.
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Oil prices drop below $100 per barrel days after Trump says negotiations with Iran coming to a close
The West Texas Intermediate price of oil fell from over $104 per barrel on Tuesday to $98.06 Wednesday afternoon.
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NextEra to acquire Dominion Energy, $67B deal will create largest regulated utility by market value
Gaining access to Dominion's portfolio will allow the company to expand into the PJM Interconnection region, including Virginia, a hotspot for data centers.