Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek".

Climate change is increasingly threatening cities with catastrophic flooding. Many are now looking to Rotterdam, and its long history of innovation when it comes to holding water at bay.

Dutch Premier Says It’s Up to Italy to Contain Bond Spreads

Why Margin Calls and Bot Liquidations Are Roiling Crypto

China Electric-Vehicle Stocks Are All the Rage, Trouncing Tesla

Blackstone-Led Group Provides $5 Billion of Debt for Zendesk

Roe Ruling Discussions Turn Contentious Inside Tech Giants

Wimbledon CEO Says Russian Player Ban Is For This Year Only

Xi to Attend Hong Kong Anniversary Event, Lee’s Swearing-In

Tourmaline Surge Propels Mike Rose’s Stake Past C$1 Billion

Billionaires Bill Gates, George Soros Slam Supreme Court’s Abortion Decision

Carnival Shares Cruise Higher on Gains in Revenue, Bookings

Disney to Keep Formula One TV Rights at a 1,500% Premium

Overturning Roe Is Just the Start of the Shocks

Can Companies Still Cover Abortion Travel Costs?

Ending Roe Is Institutional Suicide for Supreme Court

Why You Should Quit Your Job After 10 Years

A Sci-Fi Novel’s Eerily Accurate Predictions About Today’s Tech

The NSA Is Funding Summer Camps to Teach Kids to Be Cyber Pros

How Green Became the International Color of Abortion Rights

Ghislaine Maxwell Seeks to Bar Some Accusers From Sentencing

What Happens When Women Get Illegal Abortions in Post-Roe America

Singapore's Rich Face Delays and High Prices for New Luxury EVs

Dutch to Cut Amsterdam Airport’s Capacity Over Noise Pollution

Amid a Weekend of Demonstrations, Asian Americans Will Have Their First National Rally

Local Officials Beef Up Abortion Sanctuary Cities

Sweltering Cities Can’t Keep Enough Swimming Pools Open

Thiel-backed Bitpanda Cuts Hundreds of Jobs on Crypto Tumult

Almost $4 Billion in Bitcoin Miner Loans Are Coming Under Stress

Ukraine Is Fighting the First War Funded by Crypto Philanthropy

A strategically important bottleneck is emerging.

A steel pipe is externally welded in a machine at the Chelyabinsk Pipe Rolling Plant PJSC, part of ChelPipe Group, in Chelyabinsk, Russia.

It’s no secret that oil rules everything right now. Governments around the world are trying to bring down inflation, a big portion of which is rising energy costs. Meanwhile, the Federal Reserve has basically soft-pegged itself to the price of gas in America, vowing to hike rates and risk a rise in unemployment until price pressures fade. But even with crude oil prices firmly above $100 a barrel, we’ve yet to see production expand enough to bring prices down.

So what gives? While participants in the energy industry have cited everything from unwilling investors to government regulation and a shortage of labor, supply chain issues are also said to be playing a part — with one key component recently assuming a starring role.