New York Times - International Businesses

Fatih Birol of the International Energy Agency, who orchestrated a multinational release of oil reserves, detailed the risks facing the economy now and beyond.“The single most important solution to this problem today is fully and unconditionally opening up of the strait,” Fatih Birol, who leads the International Energy Agency, said in an interview this week.

In a letter to President Trump, the spokesman, Rich Danker, said moves to allow the sale of flavored e-cigarettes would enhance their appeal to children.The resignation comes at a fraught time for the Department of Health and Human Services, which now has three major vacancies.

As the U.S. tries to rebuild its weapons stockpiles drained in the Iran war, it will need access to rare-earth minerals, an industry China dominates.A destroyed building in Tehran last month. The war in Iran is expected to figure into talks between the United States and China in Beijing this week.

Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.A Fervo Energy project near Milford, Utah. The company is trying to adapt drilling techniques from the oil and gas industry to unlock vast amounts of energy from Earth’s interior.

Dozens of long-shot bets on Polymarket, from the war with Iran to the cryptocurrency market, have defied the odds, according to a New York Times examination.