Daily on Energy: Trump punts on military strikes, oil prices plunge, and the start of CERAWeek

Daily on Energy: Trump punts on military strikes, oil prices plunge, and the start of CERAWeek


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WHAT’S HAPPENING TODAY: Good afternoon and happy Monday, readers – and happy World Bear Day! 🐻🍯 If you’re in the D.C. area, we hope you enjoyed the warm weather over the weekend. ☀️

In today’s newsletter, we are continuing to track the latest on the war in Iran. President Donald Trump has threatened strikes on Iran’s power plants but has since delayed any action, citing ongoing talks between the two countries. 🇮🇷🇺🇲

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Keep reading to see how energy prices are reacting to the president’s announcement. 

Meanwhile, the Trump administration struck a deal with TotalEnergies to halt offshore wind projects and instead pay the company nearly $1 billion to shift toward investing in fossil fuels. 

We’ve got all the details below. ⬇️

Welcome to Daily on Energy, written by Washington Examiner energy and environment writers Callie Patteson (@CalliePatteson) and Maydeen Merino (@MaydeenMerino). Email cpatteson@washingtonexaminer dot com or mmerino@washingtonexaminer dot com for tips,

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