Energy

• Rare earth stocks jump after Trump launches $12 billion critical minerals stockpile - The moves come shortly after President Donald Trump announced the establishment of a U.S. critical mineral reserve.
• Chevron earnings beat as production hits record with upside expected in Venezuela - The oil giant beat expectations despite a bearish market for crude, which logged its biggest annual price decline since 2020.
• Oil prices rise more than 2% as Trump weighs strikes on Iran - Multiple sources told Reuters that Trump is weighing targeted strikes on Iranian security forces and leaders to inspire protestors.
• Oil prices stable after Trump says a 'massive Armada is heading to Iran' - U.S. Central Command said Monday that the Abraham Lincoln Carrier Strike Group had arrived in the Middle East.
• Department of Energy to announce new efforts to boost nuclear fuel supply chain - The Department of Energy will announce an initiative to build out the nation's nuclear fuel supply chain as interest in the emissions-free power source grows.
• Big Tech’s AI data center push is spawning a new heat economy - AI’s energy problem may also be its solution, as cities are increasingly exploring opportunities to repurpose excess heat from data centers.
• USA Rare Earth shares jump 20% as Commerce Department takes equity stake - EnergyUSA Rare Earth shares jump 20% as Commerce Department takes equity stakePublished Mon, Jan 26 20267:11 AM ESTUpdated Moments AgoSpencer Kimball@spencekimb
• U.S. natural gas prices hit $6 for first time since 2022 amid massive winter storm - U.S. natural gas prices surged above $6 for the first time since late 2022 on Monday as a massive winter storm sweeps across the country.
• Winter Storm Fern could cause significant power outages - The electric grid in many parts of the U.S. is already under strain due to rising demand from data centers and the slow construction of new power generation.
• Iran is not a major oil producer, but it still moves prices. Here's why - Iran is not a major producer of oil, but the recent civil unrest there still moved markets. Here's why.