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'Extraordinary volatility' from tariffs cancels energy deals and freezes M&A

The article from Fortune discusses how the imposition of tariffs by the Trump administration has led to significant volatility in the energy sector, causing the cancellation of several energy deals. Specifically, the tariffs on steel and aluminum have increased costs for energy companies, making previously viable projects economically unfeasible. For instance, a major solar energy project was canceled due to the increased costs of materials. The article highlights that this uncertainty and increased cost environment are deterring investments and slowing down the progress of renewable energy initiatives in the U.S.

Read the Full Fortune Article at:
[ https://fortune.com/article/extraordinary-volatility-tariffs-cancels-energy-deals/ ]