Israel-Iran Conflict Was a Boon for Coal

In a world scrambling to wean itself off coal, the black rock might just be staging a comeback—thanks to a war halfway across the globe. Oil and gas prices pulled back sharply on Tuesday after U.S. President Donald Trump called for a ceasefire between Iran and Israel, a day after the United States Air Force and Navy attacked three nuclear facilities in Iran. Iranian President Masoud Pezeshkian says Tehran is ready to respect the truce as long as Israel does not break it, with the two sides accusing each other of continuing attacks. Brent…