Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Fossil fuels remain the backbone of U.S. energy, but renewables are steadily transforming the landscape. Despite entrenched reliance on coal and natural gas, wind and solar continue to gain momentum, driven by innovation, policy shifts, and a push for cleaner energy solutions.
Fossil Fuels Remain the Backbone of U.S. Energy
Even while renewable energy sources are slowly but surely gaining ground, fossil fuels are still the U.S.'s primary energy source.
The U.S. energy system is still highly dependent on coal, natural gas, and petroleum, according to analysts at Wells Fargo, even if renewable energy sources like wind and solar are being more widely used.
While the shift toward renewables has been slow, it is clear that it is happening. The energy density, transportability, and established infrastructure of fossil fuels are important reasons for their resilience.
In a rapidly expanding economy that consistently requires more energy, these characteristics have solidified their supremacy.
Renewables Face Significant Transition Challenges
According to Investing.com, renewable energy sources are essential for the transition away from fossil fuels since they can fulfill both the present need for energy and the future demand caused by economic and demographic expansion.
Variability in output and storage limits are two of the fundamental issues of renewable energy that further complicate this transition. The transition to cleaner energy will take decades, not years, to occur due to these technological hurdles and economic realities.
The larger social aspects that link energy usage to better quality of life are also brought to light by Wells Fargo. Their research indicates that there has been a link between higher energy use and longer life expectancy rates globally.
The Road to a Green Energy Future
As a result of the possible effects on living standards, this association highlights the difficulties of promoting energy consumption reductions as an independent climate solution.
A green energy future is on the horizon, but getting there will be no picnic. Renewable energy sources are becoming more prominent in the energy mix as a result of rising public awareness, favorable policies, and technological advancements.
Despite our deep dependence on fossil fuels, Wells Fargo analysts predict that this expansion will persist, albeit at a slower pace. The upcoming decades will play a crucial role in defining how fast and wide this change will be.
