Tuesday, December 9, 2025
EU, U.S. sow seeds for climate cooperation, dodge coal's end date - draft- oil and gas 360

EU, U.S. sow seeds for climate cooperation, dodge coal’s end date – draft

Reuters BRUSSELS/WASHINGTON – The United States and European Union will pledge closer cooperation on fighting climate change at a summit on Tuesday, but will steer clear of setting a date to stop burning coal, according to a draft joint statement. U.S. President Joe Biden will meet the chief of the European Union’s executive, Ursula von der Leyen, and European Council

Oil rises as threat recedes of Iran supply resuming soon- oil and gas 360

Oil rises as threat recedes of Iran supply resuming soon

Nasdaq TOKYO – Oil prices rose on Tuesday, with Brent gaining for a fourth consecutive session, as the prospect of extra supply coming to the market soon from Iran faded with talks dragging on over the United States rejoining a nuclear agreement with Tehran. Brent crude LCOc1 was up by 17 cents, or 0.2%, at $73.03 a barrel by 0347 GMT, having risen 0.2% on