Friday, September 19, 2025

Coal is Down, but Far From Out

Despite shrinking domestic numbers, demand for coal is growing internationally Recent years have been difficult for the coal industry in the United States. James River Coal Co. (ticker: JRCCQ) laid off a quarter of its workers, and Consol Energy Inc. (ticker: CNX), another major player in the coal industry, sold off five Appalachian mines to privately held Murray Energy, representing

With Sanctions Relaxed and Iraq in Turmoil, India Looks Toward Iran for More Crude Oil

Source: Hindu Business Line India has extended approval by six months, beginning June 28, for two Iranian ship underwriters to provide insurance for container, tanker and bulk vessels calling at Indian ports, the Wall Street Journal reported yesterday. The decision to relax sanctions against Iran by the West has enabled tankers to transport oil and petroleum products from Iran. The