Russian President Vladimir Putin is exploring increased taxation on luxury goods and stock dividends to fund the war in Ukraine as the country faces a significant decline in oil and gas revenues. Finance Minister Anton Siluanov announced plans to reduce the budget's dependency on energy revenues by lowering the oil price threshold in Russia's fiscal framework.

Non-technology companies including Schneider Electric, Vertiv, Caterpillar, and Rolls-Royce are positioning for significant growth as data center infrastructure spending outside IT equipment reaches $147 billion by 2028. Power generation and cooling systems represent the fastest-growing segments.

Ukrainian forces launched drone attacks on two major Russian oil refineries, including the Gazprom Naftohim Salavat facility in Bashkortostan region. These strikes are part of an intensified campaign targeting Russia's energy sector to disrupt oil revenue funding the war effort.

Liberty Energy leads the deployment of artificial intelligence and automation in hydraulic fracturing operations, reducing workforce requirements by 35% while maintaining record production levels. The company's AI-driven systems control fracking operations autonomously, optimize equipment maintenance, and streamline supply chain logistics.

President Trump called for NATO members to impose 50-100% tariffs on Chinese goods and cease Russian oil purchases to pressure an end to the russia-Ukraine war. The proposal follows Russian drone incursions into NATO member Poland's airspace.

The U.S. oil and gas industry has eliminated nearly 270,000 jobs since 2014 as artificial intelligence and autonomous drilling technologies replace traditional roughneck positions. Companies are deploying AI-controlled rigs capable of autonomous geosteering and remote operations management.

Stellantis has canceled production of its Ram 1500 REV electric pickup truck due to declining North American demand for full-size EV trucks. The decision reflects broader market challenges facing electric truck manufacturers, including Tesla's Cybertruck and Ford's F-150 Lightning.

The rapid proliferation of artificial intelligence data centers across America is creating unprecedented electricity demand, forcing utilities to extend fossil fuel plant operations. States are reconsidering emission reduction targets as data centers consume massive amounts of power and water resources.

A liquefied petroleum gas truck carrying 49,500 liters exploded after overturning in Mexico City's Iztapalapa borough, generating shock waves that damaged 32 vehicles. Six fatalities and 90 injuries were reported in the incident.