Bloomberg Another darling of the Trump administration is poised to gain from the Iran deal breakup as oil surges: Natural gas exports. With the move to curb Iran’s oil output encouraging more shale drilling, prices for natural gas produced alongside crude in West Texas could crater, falling to zero some days, according to Tudor Pickering Holt & Co. Already, the ...

Bloomberg General Electric Co. will be required to buy Alstom SA’s stakes in three energy joint ventures for 2.59 billion euros ($3.1 billion), closing a lengthy chapter in the massive 2015 tie-up that has become a headache for the beleaguered US manufacturer. Alstom said that it will exercise its options to exit the renewable energy, grid and nuclear businesses that ...

Bloomberg One of President Donald Trump’s most contentious foreign policy projects, the inauguration of a US embassy in Jerusalem, is set to be carried out on Monday even as peace in the Middle East seems more elusive than ever. While Trump, who vowed to move the embassy from Tel Aviv during his campaign, isn’t attending, he’ll address invitees to the ...