[Daily News] New Delhi -- The Permanent Secretary in the Ministry of Energy responsible for Electricity and Renewable Energy, Engineer Felchesmi Mramba, has stated that Tanzania is continuing to implement strategic measures to strengthen power generation, transmission, and management in order to meet the demands of a rapidly growing economy.
In Denmark, the spread of solar panels in rural areas has become a divisive issue among voters, especially in rural areas In one telling of the story, the golden fields of a proud farming nation are under attack. Besieged by an industrial sprawl of solar panels, they are being smothered at the behest of an urban elite. That narrative has failed to thrive in conservative heartlands such as Texas and Hungary, which have embraced solar power while lambasting green rules. But it is taking root in Denmark, the most climate-ambitious nation on Earth. “We say yes to fields of wheat,” said Inger Støjberg, the leader of the rightwing populist Denmark Democrats in a speech in 2024. “And we say no to fields of iron!” Continue reading...
China’s imports of discounted Russian crude oil surged in January and February, though analysts suggest volumes could moderate in the coming months as the war in Iran increases global competition for Russian oil. In the first two months of the year, Russia’s shipments of crude to China rose 40.9 per cent year on year to 21.8 million tonnes, according to Chinese customs data released on Friday. But the total import value rose just 5.8 per cent in US dollar terms. “China has been an opportunistic...
Iran's latest offensive included a strike on Kuwait's Mina al-Ahmadi refinery, which triggered fires and forced fresh shutdowns affecting oil output.
The French navy has boarded and seized an oil tanker sailing in the Western Mediterranean from the Russian port of Murmansk accused of belonging to what has been dubbed Moscow's "shadow fleet", vessels of opaque ownership suspected of dodging Western sanctions on the country's crude oil exports.
The US warship USS Tripoli is heading to the Middle East, potentially near Iran's Kharg Island, carrying 2,200 Marines. This deployment amid rising US-Iran tensions highlights the strategic importance of Kharg Island as Iran's primary oil export hub and a key chokepoint in global energy markets.
People should change how they travel, work and cook to tackle the energy price crisis, the International Energy Agency says.
[Ghanaian Times] A local non-profit organisation, the Belim Wusa Development Agency (BEWDA), has called for stronger collaboration between communities and government to tackle the growing impact of climate change in northern Ghana.
Firefighters battled a blaze at a giant oil refinery in Kuwait on Friday after a fresh drone attack as Iran kept up a wave of strikes on its neighbours and vowed there was “no concern” about its missile production. Despite calls for an end to targeting Gulf energy infrastructure by European leaders on Thursday, Kuwait reported a fire at its Mina Al-Ahmadi refinery, a day after a direct hit on Qatar’s vital Ras Laffan facility. Iranian authorities had vowed to retaliate after an Israeli strike on...
From waiving the Jones Act to rerouting oil through the Red Sea, governments are doing their best to make up for the crisis in the Strait of Hormuz, but prices are still rising.
My Name is Dhaka is a one-minute experimental film portraying Dhaka as a living, breathing entity with a 400-year history. Through a reflective voice, the city recounts its transformations, crises, and resilience. It captures contrasts between pollution and celebration, hardship and hope, revealing a megacity shaped by climate change, migration, and human survival. ——————————————————————–My name […]
The continent should prepare for “cascading impacts into all economic activities," according to an expert.
A shortage of oil field workers and a low number of wells that could quickly start production are high hurdles for the U.S. oil industry.
The president is “choosing Big Oil profits over our health,” California's attorney general said in a statement.
Premium petrol prices have seen a hike of over Rs 2 per litre across state-run oil companies, while regular fuel and diesel rates remain steady. This adjustment comes amidst global energy market volatility fueled by the Middle East crisis, impacting India's significant oil import dependence and potentially widening the import bill.
Licensed therapist Leslie Davenport advises a reader who loves to travel, but worries about its impact on the planet.
The post DOGE Goes Nuclear: How Trump Invited Silicon Valley Into America’s Nuclear Power Regulator appeared first on ProPublica.
IEA makes 10 recommendations to help households and businesses prepare for a drawn-out disruption to energy markets The world’s energy watchdog has advised governments to reduce highway speeds and encouraged workers to carpool or, ideally, work from home to combat soaring oil prices and impending fuel shortages caused by the Middle East conflict. It has also recommended countries consider limiting car access to designated zones in large cities, by giving vehicles with odd-numbered plates access on different weekdays to those with even-numbered plates. Work from home where possible to save petrol. Reduce highway speed limits by at least 10km/h to reduce fuel usage. Encourage public transport to reduce oil demand. Limit car access to roads in large cities through a number-plate rotation...
Cuba is preparing to receive its first shipment of Russian oil this year, just days after the government announced it was operating on natural gas, solar power and thermoelectric plants as severe power outages continue to hit it.
The Indian rupee hit a record low of 93.12 against the US dollar on Friday, driven by escalating Middle East tensions and soaring crude oil prices. Despite this currency weakness, domestic equity markets staged a significant recovery. Analysts anticipate continued pressure on the rupee as foreign investors withdraw funds, potentially impacting India's growth and inflation.
Scott Bessent says actions will increase oil supply and bring down prices, but long-term effects in question The US may soon remove sanctions on Iranian oil stranded on tankers at sea, the treasury secretary, Scott Bessent, said on Thursday as Washington seeks to curb prices soaring over Iran’s closure of the strait of Hormuz. “In the coming days, we may un-sanction the Iranian oil that’s on the water. It’s about 140m barrels,” Bessent said during an appearance on Fox Business Network’s Mornings with Maria. Continue reading...
As other Asian economies race to conserve energy, China has huge reserves of oil and gas as well as alternative energy sources like wind and solar Middle East crisis – live updates Xi Jinping has been preparing for a crisis like this for years. China must secure its energy supply “in its own hands”, its president was reported to have said during a visit to one of its vast oilfields in 2021. The US-Israel war on Iran plunged the Middle East into a deep conflict, with the strait of Hormuz – one of the most important waterways in global trade – all but closed and key energy facilities across the region under attack. Continue reading...
South Korea finds itself boxed in as Tehran moves to turn the Strait of Hormuz into a bargaining chip amid the US-Israeli war on Iran, leaving Seoul caught between its dependence on Middle East oil and its unwillingness to antagonise Washington. Economists note that South Korea relies on Washington’s security umbrella to deter threats from nuclear-armed North Korea and that its oil trade is settled in US dollars – two realities that sit awkwardly alongside Iran’s push for yuan-based energy...
Oil dropped from its highest close since July 2022, as the leaders of the United States and Israel sought to reassure investors rattled by damage to major Persian Gulf energy facilities.
Caretaker energy minister Auttapol Rerkpiboon has vowed to take action against petrol station operators who charge prices that exceed government-regulated, subsidised levels, while pledging to intensify efforts to ensure smooth oil distribution nationwide.
Six major powers, including Britain and France, have pledged support for safe passage through the Strait of Hormuz, condemning Iran's recent attacks on commercial vessels and energy infrastructure. While ready to contribute to maritime security, immediate naval deployment is not planned due to high threat levels. They also back emergency oil releases to stabilize global energy markets.
India has not been buying crude oil from Iran since mid-2019 after the US ended waiver for sanctions on Iran crude. Around 35-40% of India’s crude oil needs are met through cargoes that make their way towards Asia through the Strait of Hormuz.
Learn how climate change is shifting the way seals hunt and how a lose of ice could create bigger risks even still.
The Trump administration is considering releasing 140 million barrels of Iranian oil to stabilize global prices amid escalating Gulf conflict. US Treasury Secretary Scott Bessent indicated a potential move within days to boost physical supply, describing it as a "break the glass plan.
US President Donald Trump has called on Israel and Iran to stop attacks on energy facilities as the war in the Middle East escalated, with damage to key oil and gas infrastructure triggering a fresh surge in prices.
The suit accuses the agency of illegally repealing the endangerment finding, the scientific assessment that required it to regulate greenhouse gases.
A Cuban mechanic has converted his 1980 Fiat Polski to run on charcoal, a cheaper and more abundant fuel than gasoline since Washington cut off oil shipments to the Caribbean island in January.
Germany is considering the introduction of a windfall tax on hefty energy-sector profits after oil prices surged due to the Middle East war, a finance ministry source told AFP on Thursday.
Iran's missile attack on Qatar's Ras Laffan Industrial City, a key LNG hub, raises urgent global energy security concerns amid escalating Gulf tensions.
NPR's Short Wave team talks about a wildflower's ability to adapt to climate change, the grooming habits of birds, and the social lives of sharks.
More than 10,700 staffers left EPA and the Interior and Energy departments under a Trump program that incentivized resignations.
Iran's strikes on Gulf energy infrastructure, including Qatar's LNG facility, have sent global oil and gas prices soaring. The attacks have disrupted supply routes, particularly the Strait of Hormuz, leading to significant price spikes and raising inflation concerns. Financial markets worldwide reacted negatively, with equities declining sharply amid growing uncertainty.
The price of Brent crude climbed past $115 per barrel as Qatar, Saudi Arabia and Kuwait reported more attacks on infrastructure and the U.S. and Iran traded threats.
Treasury Secretary Scott Bessent said Thursday that the United States may lift sanctions on Iranian oil already in transit to slow rising gas prices.
The third climate change adaptation plan for Northern Ireland should have been in place since 2024.
A projectile struck near Iran's Bushehr Nuclear Power Plant, approximately 350 meters from the reactor, according to the IAEA. The agency confirmed no damage to the reactor or injuries, but stressed that attacks near nuclear facilities violate safety principles. Russia's Rosatom reported the strike took place Tuesday and is urging de-escalation amid ongoing regional hostilities.
The war in Iran could see the council’s heating oil bill for schools, care homes and offices top the million pound mark - as cost of living rises.
International groups began to send humanitarian aid to Cuba as it faces widespread blackouts due to an energy crisis worsened by fuel shortages,
China has pledged to work with Southeast Asian countries on energy security as the war in the Middle East continued to take its toll on global oil and gas supplies. “China stands ready to strengthen cooperation and coordination with Southeast Asian countries and jointly address energy security issues,” Chinese foreign ministry spokesman Lin Jian told a regular press conference on Thursday. Lin also called for an end to the conflict, saying: “Relevant countries need to stop military operations at...
The Treasury secretary said the Trump administration has several “levers” to pull as war in the Middle East roils oil markets.
State officials are waging a multifront legal fight to stop the firm from shipping its offshore oil to market.
With the US-Israel war on Iran entering its third week, the world faces the risk of a more severe oil shock as military strikes expand to major energy infrastructure, heightening fears of a prolonged conflict. In this explainer, the South China Morning Post examines the latest developments and factors driving oil price volatility and assesses the potential impact on the global economy. Energy infrastructure: what is the latest? An Israeli air strike hit energy facilities on Wednesday at Iran’s...
Qatar condemned what it called a “brutal Iranian attack targeting Ras Laffan,” saying it posed a direct threat to national security. The foreign ministry also warned that “Targeting energy infrastructure constitutes a threat to global energy security, to the peoples of the region, and to its environment.” As missile and drone attacks spread across the Gulf, fears of a prolonged disruption to oil and gas supplies have intensified, with Brent crude briefly surging past $112 a barrel and global markets rattled.
This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. With big oil companies poised to reap billions of dollars in profits from the war in Iran, Democratic lawmakers and progressive groups are calling for a windfall tax on major fossil fuel companies. The US-Israeli strikes on Iran have triggered […]
Reuters reported on Thursday, citing two industry sources, that the Saudi port of Yanbu has suspended all oil loading operations following an Iranian attack. A source within the oil sector informed the British news agency that the Saudi Aramco Mobil Refinery (SAMREF)—a joint venture between Saudi Aramco and ExxonMobil located in the Red Sea port—was … The post Global oil markets shaken following Iran’s strike on Saudi’s critical energy infrastructure appeared first on Egypt Independent.
Attacks on South Pars and Ras Laffan, and Donald Trump’s threat to “massively blow up” the world’s largest gasfield, all hit markets UK wage growth slows sharply as unemployment holds steady Fed holds interest rates steady as Iran war drives up oil prices and inflation fears Middle East crisis live: Trump threatens to ‘blow up’ entire South Pars gasfield if Iran strikes Qatar European stock markets have dropped sharply at the start of trading, hit by worries about surging energy prices. In London, the FTSE 100 blue-chip share index has tumbled by 162 points, or 1.6%, to 10,142 points. “Fears of a sustained energy shock have resurfaced after the escalation in the Iran war sent oil and gas prices soaring. The prospect of a longer, more drawn-out conflict is in sharp...
Global oil and gas prices jumped after Israel struck world's largest natural gas field and retaliatory attacks on Gulf energy infrastructure by Iran.
Iran attacked Qatar's Ras Laffan Industrial City, a major gas export hub. The strike caused significant damage to Liquefied Natural Gas facilities. Former US President Donald Trump issued a strong warning against further attacks on Qatar. This incident follows an Israeli strike on Iran's South Pars gas field. Iran's President had previously warned of severe global consequences.
GLP, a global operator and investor in logistics, digital infrastructure, renewable energy and finance, is deepening its commitment to China’s growth, projecting as much as a 50 per cent rise in logistics rental rates, supported by stronger domestic consumption and wider adoption of alternative energies. Angela Zhao, CEO of GLP China, said the country’s 15th five-year development plan for 2026 to 2030 would further cement the company’s role as a global thematic investor in “new economy”...
As the war in Iran rages and the consequences of the shock to commodity markets become clearer, the vulnerability of Asia’s economies tops the list of concerns in the research reports of investment banks. The region’s reliance on energy imports from the Gulf has come under scrutiny. The facts speak for themselves. Three-quarters of the oil supplies that passed through the Strait of Hormuz before Iran effectively closed the waterway were destined for China, India, Japan and South Korea. While...
Iran targeted the UAE's Habshan gas facility and Bab oil field. UAE air defence intercepted the threats. No casualties were reported. The UAE strongly condemned the attack, calling it a dangerous escalation. This incident highlights the growing vulnerability of critical energy infrastructure. Energy itself has become a battlefield in the intensifying Iran vs US-Israel war.
Online ride-hailing services have launched measures to deal with rising oil prices.
LIVE UPDATES: Follow the Daily Mail's live coverage of the US-Israel war with Iran as Donald Trump threatens to blow up an Iranian gas field at the centre of a major escalation in the conflict.
The company's Cape Station is a bellwether for whether advanced geothermal can deliver carbon-free power around the clock.
Oil has empowered capitalism, and some of the world’s most exploitative regimes. Move away from it and we can solve some of the key issues we face I realise this is a serious breach of etiquette. But could we perhaps abandon good manners and contextualise Donald Trump’s attack on Iran? The intense western interest in the Middle East and west and central Asia, sustained for more than a century, and the endless attempts by foreign governments to shape and control these regions, are not random political tics. They are somewhat connected to certain fuel sources situated beneath the ground. Trump’s war aims are typically incoherent: apparently incomprehensible even to himself . But Iran would not be treated as an “enemy of the west” were it not for what happened in 1953, when Winston Churchill’s...
The Future Homes Standard will likely be presented as an essential step to reduce U.K. reliance on fossil fuels and to cut energy bills.
Small businesses and households are being urged to reduce their reliance on the state electricity grid and adopt solar power solutions, as global energy price volatility threatens to drive up costs, despite Thailand's capped power tariffs, according to solar firms.
Brent crude oil spiked to $114 a barrel as global fears of an energy crisis rose.
EU countries may argue about the short-term fixes for high energy prices, but they agree that clean power is the best long-term bet.
The Federation of Thai Industries (FTI) has called on the government to intervene in support of oil middlemen, known locally as "jobbers", who are struggling to secure supplies from refineries, resulting in a shortage affecting industrial and agricultural sectors, as well as smaller filling stations not affiliated with major retail brands.
Iran intensified its attacks on its Gulf Arab neighbours' energy infrastructure Thursday, hitting a Saudi refinery on the Red Sea and setting Qatari liquefied natural gas facilities and two Kuwaiti oil refineries ablaze as it struck back following an Israeli attack on its main natural gas field.
Have you cancelled a holiday? Are you working from home more or taking fewer journeys? Tell us your experience Global oil market prices have surged , with the US-Israel war on Iran disrupting key shipping routes. The strait of Hormuz , where as much as a fifth of global fuel supply travels through, has been closed due to the conflict. Asia is deeply affected by the crisis, relying heavily on imported energy that passes through the strait. Continue reading...
A missile attack on Qatar's vital gas facility, a shared energy lifeline with Iran, has triggered a fire and damage, escalating the ongoing Iran vs US–Israel war. This strike targets critical global energy infrastructure, raising fears of widespread supply disruptions and economic instability. The incident marks a dangerous shift towards economic warfare, impacting global markets.
The Energy Secretary must grant approval for production to begin at the site, which is off the coast of the Shetland Islands and is the North Sea's largest undeveloped site.
UAE and Qatar condemn targeting of South Pars gas field; Iranian president warns of ‘uncontrollable consequences’ if attacks continue Iran threatens Gulf energy facilities after Israeli attack on its largest gasfield Fighting intensifies between Israel and Hezbollah in southern Lebanon Iran is still exporting millions of barrels of oil , with about 90 ships, including oil tankers, having crossed the strait of Hormuz since the beginning of the war with Iran, according to maritime and trade data platforms reports. This is despite Iran saying it had closed the vital waterway to vessels from the US and its allies. Continue reading...
The conflict continues to roil global energy markets. On Wednesday, an attack on Iran’s South Pars gas field sent energy prices soaring.
A newly discovered cell-free fungal protein could revolutionize cloud seeding and climate modeling
Officials at the Ministry of Finance are preparing measures to reduce excise taxes on fuel, as well as draft legislation to allow the Oil Fuel Fund to borrow additional funds to stabilise domestic prices.
‘Serious risk of major ecological disaster’ as vessel drifts for weeks after being struck by suspected drone attack A severely damaged Russian tanker carrying liquified natural gas that has been adrift in the Mediterranean for two weeks, raising concerns of a “major ecological disaster”, has floated into Libyan waters, Italy’s civil protection agency said on Wednesday. The Arctic Metagaz was part of a Russian “shadow fleet” used to circumvent sanctions imposed on the country’s oil and gas after its full-scale invasion of Ukraine in February 2022. It was struck in a suspected drone attack close to Maltese waters earlier this month, causing a huge hole. The crew is believed to have been rescued between Malta and Libya. Continue reading...
Jerome Powell resists Trump pressure as policymakers weigh energy shock against a weakening US jobs market Sign up for the Breaking News US email to get newsletter alerts in your inbox The US Federal Reserve held interest rates steady for the second time this year, a widely expected move amid turmoil in the Middle East and rising energy prices. Fed officials faced a confluence of issues to consider in their meeting this week: soaring oil and gas prices , fluctuating inflation that still remains above the Fed’s target of 2% , and a weakened job market that unexpectedly saw 92,000 losses last month. Continue reading...
Iran's military warned it would take "decisive action" in response to the strike on its energy infrastructure.
[Nile Post] The search for Uganda's next climate ambassadors gained momentum this week with the successful conclusion of regional auditions for Miss Climate Change Awareness Uganda, an initiative organized by Africa Tourism and Environment Initiatives in partnership with the Ministry of Water and Environment.
Donald Trump has launched a frantic bid to tame oil chaos by waiving a century-old shipping law.
[Namibian] Officials from countries in the Zambezi River Basin say growing climate variability is increasing pressure on shared water resources, prompting renewed cooperation on water management and planning.
Revolutionary Guards say they will strike infrastructure in Saudi Arabia, UAE and Qatar after South Pars field hit Middle East crisis – live updates Business live – latest updates Iran has threatened to attack energy infrastructure across the Gulf region in retaliation for Israeli strikes on its largest gasfield, the first targeted attacks on its fossil fuel production since the war began. Iran’s Revolutionary Guards have threatened counterstrikes on several energy facilities across Saudi Arabia, the UAE and Qatar “in the coming hours” after state media reports that missiles had targeted its gas facilities at the giant South Pars field, the largest gas reserves in the world. Continue reading...
LIVE UPDATES: Follow the Daily Mail's live coverage of the US-Israel war with Iran as the conflict enters its 19th day. Tehran has vowed revenge after the killing of security chief Ali Larijani.
Move comes as president attempts to mitigate rising price of oil while carrying out war on Iran Sign up for the Breaking News US email to get newsletter alerts in your inbox Donald Trump is trying to make it easier for foreign tankers to move around the US, temporarily allowing foreign-flagged ships carrying oil and gas to travel between US ports, the White House announced Wednesday. The move comes as the president tries to manage a delicate balancing act, attempting to mitigate the increasing price of oil while also carrying out the US-Israel war on Iran. Continue reading...
Shadow energy minister Dan Tehan used his interview on 7.30 to call out Anthony Albanese for staying quiet about the closure of two Australian oil refineries.
As of March 2026, Cuba was facing nationwide blackouts in the midst of an energy crisis. A solution could lie in solar energy, developed in part by China.
The impact of the war in the Middle East on oil prices makes energy independence more important, ministers say.
The temporary waiver is the latest attempt by the administration to curb rising energy prices due to the war with Iran.
Middle East conflict escalates, disrupting global oil flow. Iran's Strait of Hormuz threats push crude to the Red Sea, but even this route faces danger. Iran warns of targeting US-linked facilities, raising fears of further supply disruptions and potential oil price spikes, impacting consumers worldwide.
Green leader gives his first major speech on the economy Polanski says the government should be doing more to improve home insulation, and on the drive towards renewable energy. And he says the government should commit to ensuring energy bills do not rise above the April-June price cap. The government should guarantee right now that it will not allow energy bills to rise beyond the April-June price cap – instead setting aside approximately £8.4bn to prevent a rise of up to £300 per household that could be coming down the track. No, it’s not cheap. But the alternative is unacceptable: if the price cap rises, we will see interest rate rises. Mortgage rates up. Bond yields up. And inflation up – and we will be back into the doom loop that has done untold damage to our economy and caused...
This video includes personal musings and conclusions of the creator and climate scientist Dr. Adam Levy . It is presented to our readers as an informed perspective. Please see video description for references (if any). Video description Jeffrey Epstein was a climate change denier. The Epstein Files have uncovered a number of revelations about how power operates across the globe. And this includes the discussion of climate change - and climate denial - within these exchanges between Jeffrey Epstein and the people he associated with – from scientists to Donald Trump. So what did Jeffrey Epstein have to say when it came to climate change? And what do these files reveal about the links between climate denial and power? Support ClimateAdam on patreon: https://patreon.com/climateadam
Iran's neighbors have long worried that the plant on the shores of the Persian Gulf could be hit by either a rocket or a natural disaster.
Indonesia has pledged to promote U.S. investment across its mineral industry, from exploration and mining to refining, transport and export.
With no crew on board and a gaping hole in one side, the Arctic Metagaz, a shadow fleet vessel reportedly carrying 61,000 tonnes of liquefied natural gas is adrift at sea.
Governments in countries heavily reliant on Middle Eastern oil introduce measures to shield public from soaring costs Middle East crisis – live updates In Thailand, news anchors ditched their jackets on air as the government called on the public to reduce their use of air conditioning to save energy. In the Philippines, many government workers are now operating on a four-day week. In Vietnam, officials have urged employers to allow staff to work from home. Across south-east Asia, governments are scrambling to find ways to conserve energy and shield the public from soaring costs as war in the Middle East causes what the International Energy Agency has described as the largest supply disruption in the history of the global oil market. Continue reading...
Over a few years, oil giants went from trumpeting climate pledges to saying fossil fuels are here to stay.
Middle East tensions are causing oil prices to fluctuate, with Brent crude and WTI experiencing initial gains followed by a slip. Attacks on energy facilities and threats to key shipping routes are fueling supply concerns, impacting global markets and leading to higher gasoline prices in the US. India faces LPG supply worries, though authorities assure stability.
International Atomic Energy Agency head Rafael Grossi said Iran's nuclear program is heavily damaged, "but the material will still be there and the enrichment capacities will be there."
The Legislature is set to vote on a bill that would cut energy efficiency spending and redirect cap-and-trade funding to lower household electricity costs.
The chair of the Senate Energy Committee plans to introduce a two-year moratorium on new nuclear power as Gov. Kathy Hochul pushes for a massive build-out.
The Trump administration relied on rosy price estimates to argue that repealing emissions limits for cars would save consumers money.
The General Assembly is set to vote on a bill that would cut energy efficiency spending and use cap-and-trade cash to lower household electricity costs.
The Department of Internal Trade (DIT) has asked producers and distributors to keep product prices unchanged to help stabilise the cost of living during the oil shock.
Gov. Kathy Hochul says she will release the specifics of what she wants to alter in the sweeping emissions reduction law.
Every US$10 increase in the oil price per barrel is expected to reduce Thai GDP by 0.2 percentage points, according to caretaker finance minister Ekniti Nitithanprapas.
New Zealand economic growth tipped to overtake Australia’s this year but Middle East conflict casts a shadow over outlook Just as New Zealand’s fragile economic recovery shows flickers of improvement – with economists predicting its annual growth could surpass that of its larger neighbour Australia – it is facing a new threat: the war in the Middle East. New Zealand is particularly exposed to the energy shocks produced by the conflict – and to economic crises generally – with the small, isolated nation highly dependent on global trade and tourism. It is susceptible to disruptions in supply chains and shipping. Continue reading...
A unique Dutch experiment is combining cryptocurrency mining with tulip farming. Farmers are capturing heat from Bitcoin computers to warm greenhouses. This innovative approach emerged during Europe's energy crisis. It offers a sustainable alternative to traditional gas heating. The project highlights how digital technology can support agriculture and reduce fossil fuel use.
S. Korea's heavy reliance on oil passing through Strait of Hormuz is raising concerns prolonged Iran-related crisis could deal a direct blow to Korea.
AI is a bigger issue election issue for voters than guns, climate change, or abortion.
Progressive and green groups join call for tax on major fossil-fuel companies to help offset rising living costs With big oil companies poised to reap billions of dollars in profits from the war in Iran, Democratic lawmakers and progressive groups are calling for a windfall tax on major fossil fuel companies. The US-Israeli strikes on Iran have triggered the largest ever disruption to fuel supply, according to the International Energy Agency, sending crude costs surging over $100 per barrel in recent days. Those high prices have hit US pocketbooks, with average domestic gas prices topping $3.70 a gallon , and Americans spending more than an additional $2bn to fill their tanks in the past fortnight according to one estimate . Continue reading...
Pipeline, closed since 2015 after huge oil spill, reopens after president cites need to boost US supply amid war on Iran Oil has begun to flow from a controversial California pipeline system for the first time in an more than decade following a Trump administration order, despite state officials decrying the move. Sable Offshore Corporation, the Houston-based owner of the coastal pipelines, announced on Monday that offshore oil was now flowing through its Santa Ynez unit and Santa Ynez pipeline system, which runs through several California counties. Continue reading...
Much of the oil produced in the Middle East is exported to Asian countries, which are now using a range of different methods to adjust to the fuel crunch caused by Iran's partial blockage of the Strait of Hormuz amid its war with the U.S. and Israel.
[Daily News] Manyara -- THE Parliamentary Standing Committee on Water and Environment has urged citizens to protect water sources in order to avoid the adverse effects of climate change, including water shortages in various areas.
SINGAPORE - Asian utilities are boosting coal-fired power generation to cut costs and safeguard energy supply, industry executives say, as the US-Israeli war on Iran chokes liquefied natural gas (LNG) shipments and soaring prices threaten to suppress LNG demand.
The state is fighting back against federal officials taking oversight of a controversial oil production operation.
Moldova is investigating whether a March 7 drone attack on the Dnister Hydroelectric Power Plant spilled petroleum products into the waterway.
Meteorologists are reaching for superlatives to describe an oncoming heat wave so intense and rare for this time of year that it could leave some locations shattering their all-time temperature records for April before that month has even begun. This extreme event, made far worse by human-caused climate change, will bring summerlike temperatures during March … The post Extraordinary, climate change-fueled heat wave envelops the West with mounting consequences appeared first on Egypt Independent.
White House economic adviser Kevin Hassett said oil tanker traffic in the Strait of Hormuz starting to move is "a sign of how little Iran has left."
Environmental groups say the Trump administration's rationale for delaying the imminent retirement of three Indiana coal units won't hold up in court.
This story was originally published by Inside Climate News and is reproduced here as part of the Climate Desk collaboration. In the world’s waters, fish are making a quiet, biological retreat. The once simple rules of the ocean—grow larger than potential predators—are being rewritten as temperatures reach record highs. Desperate to survive, fish are hitting the fast-forward button on life […]
Asian utilities are boosting coal-fired power generation to cut costs and safeguard energy supply, industry officials say, as the US-Israeli war on Iran chokes liquefied natural gas (LNG) shipments and soaring prices threaten to suppress LNG demand. Asia spot LNG prices have doubled to three-year highs in the second major supply shock in four years, as shipping through the Strait of Hormuz has all but stopped and No 2 global exporter Qatar has halted shipments. In South Asia, Bangladesh is...
Global oil prices are soaring due to Middle East conflict. Dubai crude reached an all-time high, becoming the world's most expensive. Supply disruptions are impacting Asian refiners. They are cutting operations or seeking oil from other regions. Middle East exports to Asia have significantly dropped. Trading activity is slowing, with some benchmarks considered broken.
Every year, roughly half of Indonesia’s 288 million people pack into trains, buses, ferries and cars and head home. The mudik, as the great Eid ul-Fitr exodus is known, is one of the largest annual human migrations on Earth and a ritual of return that defines the end of the holy fasting month of Ramadan. This year, the Ministry of Transportation estimates that 143.9 million journeys will be made. But it could hardly arrive at a worse time for the government’s finances. Oil prices have surged...
Gulf Arab nations, while not seeking a US-led war with Iran, warn that inaction risks Iran threatening vital oil routes. US officials are pressing for regional support for a military campaign, as Iran's attacks have heightened fears of it holding the region's energy supply hostage. Gulf leaders believe decisive action is needed to degrade Iran's military power.
The post Oil Regulators Found Hundreds of Wells Violating Oklahoma Rules. Then They Ignored Their Findings. appeared first on ProPublica.
Investor-owned utilities have been slow to ditch oil and gas. The city of Ann Arbor plans to boost access to renewables through a new dual-service model.
The agreements could pave the way for the first new U.S. coal-fired power plants in more than a decade
The intensifying strikes by Iran are reverberating through markets and economies worldwide, with consumers from the Americas to India and Japan feeling the pinch.
Beijing is launching a pilot programme to expand industrial use of hydrogen energy, at a time when war in the Middle East is exposing the risks of global reliance on fossil fuels. Iran’s effective blockade of the Strait of Hormuz amid its war with the United States and Israel – now in its third week – has disrupted oil and gas supplies, prompting some nations to re-examine their energy mix, with renewables emerging as a potential hedge against volatility. In a Monday notice, the Ministry of...
The owner of aging fossil fuel generators has proposed updating the Narrows and Gowanus power plants to ensure reliability.
Disruptions to oil and gas shipments due to the war with Iran may strengthen the case for renewable energy investment since they show how vulnerable such supply routes can be, an analyst said.
Energy authorities are moving swiftly to streamline oil logistics in a bid to accelerate fuel deliveries to filling stations grappling with shortages caused by surging demand amid the ongoing US-Israeli war with Iran, which has disrupted global supply routes, according to the Department of Energy Business (DOEB).
Tori McKillen and Mhinder Mehta want to sell their home in Horseheath, Cambridgeshire, but can't because most mortgage providers won't lend to buyers for properties with an F-rated EPC.
Energy Environ. Sci. , 2026, Accepted Manuscript DOI : 10.1039/D6EE00449K, Communication Fan Bu, Qiwen Wu, Jingzhu Chen, Wenbo Zhao, Yong Gao, Jipeng Chen, Ting Zhang, Yu Zhang, Salah A. Makhlouf, Cao Guan Broader contextPractical high temperature (> 80 °C) zinc-ion batteries with high energy density and stable cycling performance are greatly desirable for sustainable energy storage, but they remain constrained by the... The content of this RSS Feed (c) The Royal Society of Chemistry
Tara Singh, the chief executive of RenewableUK, said the crisis in the Middle East demonstrated how vulnerable Britain was to energy price shocks.
South Korea and Japan have led declines in global stock markets amid the oil shock, underscoring how supply disruptions in the Middle East are weighing on growth in economies heavily reliant on fuel imports. The Kospi index in Seoul has slumped 12 per cent since the US-Israel war with Iran broke out on February 28, while Tokyo’s Nikkei 225 has slid nearly 9 per cent. South Korea last week moved to cap oil price increases to limit inflation, while rising crude costs added to price pressures in...
Between lithium sourcing and environmental pollution, batteries come with a lot of problems, but water-based batteries could be the solution we need.
US President Donald Trump vowed Monday to “take” Cuba as the communist island plunged into darkness under a total power blackout linked to a crippling oil embargo imposed by Washington. After nearly seven decades defying the United States, Havana’s communist authorities are under massive pressure from a Trump administration determined to make history. “You know, all my life I’ve been hearing about the United States and Cuba. When will the United States do it?” Trump told reporters at the White...
In Thailand, an order for civil servants to work from home for the foreseeable future came with another – use the stairs while the energy squeeze continues.
Trump linked his vow to 'take' Cuba to a US oil blockade choking supplies.
The Cerrado, largely overlooked in climate science and policy, is a critical carbon sink, according to new research.
What if the remnants of America's coal boom could power the renewable future? Research suggests that abandoned mines may hide an unexpected energy solution.
Sable Offshore Corp. announced Monday that it has resumed oil flow through its pipelines despite protests from California officials.
The tech-heavy NASDAQ Composite surged more than 1% on March 16, 2026, snapping a string of recent losses as investors welcomed signs of cooling tensions in the Middle East and a pullback in crude oil prices.
'This is effectively a full-on summer heatwave in March,' a climate scientist wrote on X.
Scientists disagree whether human-made climate change or natural fluctuations are mostly to blame for worse-than-expected heat in recent years
This is a re-post from The Climate Brink by Andrew Dessler When people debate the cost of fossil fuels versus renewables, the conversation almost always centers on the price at the pump or the cost per kilowatt-hour on your electricity bill. That’s understandable — those are the costs you can see. But they’re not the whole story. The rest of the story are subsidies. In most discussions, it’s laser-focused on subsidies for renewable energy, not fossil fuels. But fossil fuels get enormous subsidies. Those are deeply hidden, though, spread across government budgets, healthcare systems, and military spending in ways most people can’t connect back to their energy choices. To the extent that they do get attention, most of it goes to the implicit...
President accuses court of having ‘unnecessarily RANSACKED’ the US and claims he has ‘absolute right’ to impose new tariffs Sign up for the Breaking News US email to get newsletter alerts in your inbox Oil prices have climbed again amid mounting supply fears after the US struck Iran’s vital Kharg Island oil hub and Donald Trump demanded allies help reopen the strait of Hormuz. Brent crude , the international benchmark, rose 1.8% to $104.98 per barrel during early trading on Monday. Another weekend of violence across the Middle East compounded concerns over the conflict, and its ramifications for global energy markets. Continue reading...
Fujairah port in the UAE experienced a drone attack, igniting a fire at a petroleum facility. While emergency teams quickly contained the blaze with no reported injuries, oil loadings were suspended. This marks a recent escalation in attacks on the vital oil hub, underscoring regional tensions and the port's critical role in global energy trade.
Two weeks before President Donald Trump is scheduled to hash out critical US-China disputes in Beijing, he has set a new condition for the negotiations: help reopening the Strait of Hormuz. China has little incentive to concede to his demands. By closing the major shipping channel, Iran has effectively choked off one-fifth of the world’s … The post Trump needs China’s help fixing the global oil crisis. It’s unlikely to play along appeared first on Egypt Independent.
US President Donald Trump’s reported threat that he may postpone a long-awaited visit to China – unless Beijing helps unblock the Iran-controlled Strait of Hormuz – may put the current trade talks in Paris at risk by sidelining earlier priorities and potential deals, analysts say. As the US-Israeli war in Iran enters its third week and disrupts global energy markets, Trump has reportedly urged Beijing to send warships to help reopen the strait and ease oil shipments. About 20 per cent of the...
The disruption of global energy supplies is being felt worldwide, the UN’s top climate change official warned on Monday, as conflict in the Middle East drives oil and gas prices sharply higher – echoing the market turmoil triggered by the war in Ukraine.
This story was originally published by Inside Climate News and is reproduced here as part of the Climate Desk collaboration. Recent attacks in the Middle East on desalination plants, facilities that remove salt from seawater, raise the potential for a humanitarian crisis if the region’s freshwater production facilities are subjected to more widespread destruction. The attacks also underscore the region’s […]
Eco-chaplains are blending religion, contemplation, and environmental awareness to support people overwhelmed by planet-sized loss. The post Feeling climate grief? These spiritual caregivers are stepping in. appeared first on Yale Climate Connections.
Residents in Tehran complained last week of burning eyes and difficulty breathing when the dark and oily precipitation fell near the Iranian capital.
Mantashe says South Africa must move faster on oil and gas exploration to reduce import dependence and protect energy security
A small rocky island, Kharg Island, has become a focal point in US-Iran tensions due to its critical role in Iran's oil exports. US forces struck military installations on the island, deliberately sparing oil facilities to signal leverage without crippling Iran's economy.
Germany said it was wrong for the United States to ease some oil sanctions on Russia to tackle surging energy costs caused by the Middle East war, warning the move could help fund Moscow's war against Ukraine.
Global oil prices eased slightly as President Trump urged international cooperation to secure the Strait of Hormuz, following a sharp rally driven by US-Iran tensions. The disruption has impacted a fifth of global oil supply, prompting the IEA to release over 400 million barrels from strategic reserves.
HOUSTON — Murphy Oil Corporation (NYSE: MUR) shares rallied sharply in recent trading, closing at $36.81 on March 13, 2026, up $2.09 or 6.02% from the prior session, marking a new 52-week high amid a wave of positive analyst actions, promising developments in its Vietnam operations and sustained crude oil prices bolstered by geopolitical tensions.
He has repeatedly dismissed rising oil prices as “a short-term disruption.”
The Energy Department cited U.S. military dependence on foreign oil.
The Maran Homer, chartered by U.S. oil giant Chevron, was struck by a missile or drone before picking up Kazakh oil, according to Greek government officials.
Environmental groups have argued that EPA's endangerment finding repeal undercuts federal lawsuits against state action on climate change.
As an energy crisis grows, some countries are more prepared because of renewable energy and electric vehicles. Pakistan reduced its reliance on imported natural gas because of the growth of solar.
Energy Environ. Sci. , 2026, Accepted Manuscript DOI : 10.1039/D5EE07230A, Paper Open Access This article is licensed under a Creative Commons Attribution 3.0 Unported Licence. Juri Becker, Luca Schuster, Sascha Kremer, Till Fuchs, Juergen Janek "Reservoir-free" construction of solid state batteries could circumvent the handling of reactive lithium metal foils and further increase the energy density. Metallic interlayers could play an important role in the... The content of this RSS Feed (c) The Royal Society of Chemistry
The RBA could slam down not one, not two, but three rate hikes as a global oil crisis erupts.
Nature Climate Change, Published online: 16 March 2026; doi:10.1038/s41558-026-02581-5We combined electric vehicle simulation and battery degradation models with high-resolution downscaled climate data for 300 global cities. Climate change was predicted to reduce battery lifetime by 8% on average for batteries manufactured between 2010 and 2018 versus 3% for batteries produced after 2019. Thus, technological advances in electric vehicle battery manufacturing demonstrate important climate adaptation co-benefits.
US President Donald Trump on Sunday sought to pressure Nato allies and China to help reopen the Strait of Hormuz, the critical oil transport conduit that Iran has effectively closed in retaliation for the US and Israeli war against Tehran. With the conflict creating turmoil across the Middle East and shaking up global energy markets in its third week, Trump insisted that nations relying heavily on oil from the Gulf have a responsibility to help protect the strait. “I’m demanding that these...
Prime minister expected to set out tens of millions of pounds in help for heating oil users as conflict with Iran drives up costs Keir Starmer will on Monday announce tens of millions of pounds’ worth of support for Britons hit by a spike in energy prices as a result of the Iran war. The prime minister will lay out the plans during a press conference in Downing Street on Monday, during which he will also take aim at some suppliers of heating oil for price gouging. Continue reading...
The US has conducted airstrikes on military installations on Iran's Kharg Island, a vital oil export hub, while largely sparing oil infrastructure. President Trump cited "reasons of decency" but warned of reconsideration if shipping through the Strait of Hormuz is threatened. The move highlights the island's strategic importance for Iran's economy and regional security.
KYIV (UKRAINE) - Ukrainian President Volodymyr Zelensky told his European allies that pressure to re-open the Druzhba oil pipeline carrying Russian supplies was like "blackmail", he said in remarks released Sunday.
The International Energy Agency (IEA) said oil from a record stockpile release will be made available in Asia and Oceania immediately as buyers in the region clamour to replace barrels lost to war-related disruptions in the Middle East. The agency released a statement after it said it received implementation plans from member states. Barrels for Europe and the Americas will only be made available from the end of March. The IEA last week said that the oil market is seeing the biggest supply...
Energy Secretary Chris Wright signalled the war with Iran may last several more weeks, with oil and petrol prices elevated as the US and Israel seek to destroy Iranian military capabilities. In television interviews on Sunday, Wright defended the Trump administration’s argument that Americans are facing short-term pain at the pump in a midterm election year for the larger goal of eliminating Iran as a threat to the Middle East. “I think that this conflict will certainly come to the end in the...
The energy secretary also hinted at the possibility of sending minesweeping drones to the region.
Installing solar power in your home can be a daunting proposition. but considering these key aspects before installation will reduce stress and cost.
This story was originally published by Yale E360 and is reproduced here as part of the Climate Desk collaboration. Nature is slowing down, and its ability to regenerate is failing in the face of climate change, according to the authors of a new analysis of the speed of species turnover in ecosystems across the world. The finding comes as […]
“This conflict will come to an end in the next few weeks, and we’ll see a rebound in supplies and a pushing down of prices after that,” Wright told ABC News’ “This Week” on Sunday.
A listing of 27 news and opinion articles we found interesting and shared on social media during the past week: Sun, March 8, 2026 thru Sat, March 14, 2026. Stories we promoted this week, by category: Climate Change Impacts (8 articles) Dangerous droughts triggered by heatwaves are accelerating at an alarming rate, study shows Heatwaves, drought, wildfire risk and El Niño are compounding to create a dangerous cocktail of climate change. AP/Euronewsdotcom, Seth Borenstein, Mar 9, 2023. For frigid East it may be hard to fathom, but the US had its second-warmest winter on record AP News, Seth Borenstein, Mar 9, 2026. A Warmer Climate Means Bigger Hail "New attribution research shows how extra heat in the atmosphere can turn thunderstorms into factories...
US President Donald Trump indicated potential further strikes on Iran's Kharg Island oil export hub, stating previous actions "totally demolished" most of its oil infrastructure. While reporting strikes on military facilities, Trump warned energy infrastructure could be targeted if Iran disrupts shipping through the Strait of Hormuz.
Oil prices continue to act as a major macro driver in the short term, boosting energy sector stocks while dragging on growth‑oriented sectors and reinforcing investor caution across global markets.
Tensions surge as Iran warns residents to evacuate UAE ports, including Dubai and Abu Dhabi, claiming they are used by US forces. This unprecedented threat follows US strikes on Iran's oil hub, escalating fears of a wider regional conflict. The warning highlights the vulnerability of vital economic centers and global energy markets.
The US-Israel conflict with Iran escalated significantly on its 15th day. Iran targeted the US embassy in Baghdad and a UAE oil hub, while Israel struck Lebanon and Iraq. Debris from intercepted missiles hit Dubai twice. The war now directly impacts diplomatic sites and oil infrastructure across the Gulf, with UAE intercepting over 1,800 Iranian projectiles.
US Interior Secretary Doug Burgum says oil-market intervention is on the table.
President Trump on Saturday urged allied nations to work together to keep oil safely flowing through the Strait of Hormuz as Iran said the critical global trade route was off limits to the US and Israel.
Oil pumping operations are expected to begin imminently off the coast of California after President Trump issued an executive order Friday.
Pakistan grapples with an escalating economic crisis as Middle East conflict disrupts vital oil shipments through the Strait of Hormuz. Soaring fuel prices are impacting farmers, urban commuters, and households, forcing difficult choices. With the nation already financially strained, prolonged energy shortages threaten to destabilize its economy further, affecting daily life and traditional celebrations.
During the first two weeks of the latest war in the Middle East, as US and Israeli strikes rained down on military and energy facilities across Iran, one site went conspicuously untouched. Despite its tiny size, Kharg Island is an economic lifeline for Iran, handling roughly 90 percent of the country’s crude exports – meaning … The post What to know about Kharg Island, the tiny coral outcrop at the heart of Iran’s oil industry appeared first on Egypt Independent.
TEHRAN - Iran threatened on Saturday to reduce US-linked oil facilities to “a pile of ashes” as the two-week-old Middle East war spilled over into a global oil price crisis.
The British government is looking to provide “targeted” support for poorer households to offset the impact of surging energy costs due to the conflict in the Middle East, finance minister Rachel Reeves has said. In an interview published on Saturday, Reeves told the Times newspaper the government was looking at options to help those vulnerable to sharp rises in energy prices, especially those who relied on heating oil, but ruled out universal help for all households, saying it would be...
US President Donald Trump announced a major bombing raid on Iran's Kharg Island, sharing "unclassified" aerial footage. While claiming military targets were obliterated, Trump stated oil infrastructure was deliberately spared, warning of reconsideration if shipping through the Strait of Hormuz is threatened. Iran confirmed strikes but denied any infrastructure damage.
The Kremlin hopes the Trump administration’s move to contain oil prices sent soaring by the U.S.-Israeli war on Iran will lead to further relief.
The US president said the strikes targeted military installations on the island, which handles the majority of Iran's oil exports, but stopped short of destroying the energy infrastructure itself.
A tripling of the cost of heating oil amid the ongoing war in Iran has led to warnings of theft as well as political calls for a price cap.
Iran has granted safe passage to two India-flagged LPG carriers through the Strait of Hormuz, a critical energy route. This assurance comes from Iran's Ambassador to India, who emphasized the strong friendship and shared interests between the two nations. The move occurs amidst regional tensions and follows Iran's criticism of US policy on Russian oil imports.
President Trump announced the US conducted a powerful bombing raid on Iran's Kharg Island, destroying military targets while sparing oil infrastructure. This action follows Iran's interference with shipping in the Strait of Hormuz and escalates the conflict involving the US, Israel, and Iran.
Iranian military said in a statement that oil and energy infrastructure belonging to firms that cooperated with the US would ‘immediately be destroyed’ How have you been affected by the latest Middle East events? Saudi Arabia’s defence ministry is saying that two drones have been intercepted and destroyed in the eastern region. More now after reports of explosions in Dubai on Friday morning: thick black smoke rose over the financial hub’s skyline after what authorities described as a fire in an industrial area of the city-state . Continue reading...
Chinese companies in several sectors – including energy, petrochemicals and agriculture – stand to benefit from surging oil prices and the yuan’s easing deflation, which analysts said could help investors find gains amid the negative effects of the Middle East war. Petrochemical companies on mainland China’s exchanges, including Satellite Chemical and Guangdong Redwall New Materials, raised product prices to reflect the surge in oil costs, a move that sent their stock prices soaring. Fertiliser...
President says forces ‘obliterated’ military targets on Kharg Island and warned its oil infrastructure could be next Middle East crisis – live updates Donald Trump said Friday that US forces have “obliterated” military targets on Iran’s Kharg Island and warned that the oil infrastructure there could be next. “For reasons of decency, I have chosen NOT to wipe out the Oil Infrastructure on the Island,” Trump wrote on social media. “However, should Iran, or anyone else, do anything to interfere with the Free and Safe Passage of Ships through the Strait of Hormuz, I will immediately reconsider this decision.” Continue reading...
Kharg Island handles about 90% of Iran's crude oil exports.
US President Donald Trump said on Friday that the United States had carried out strikes against “every military target” on Iran’s Kharg Island export hub. “For reasons of decency, I have chosen NOT to wipe out the Oil Infrastructure on the Island,” Trump said in a social media post. “However, should Iran, or anyone else, do anything to interfere with the Free and Safe Passage of Ships through the Strait of Hormuz, I will immediately reconsider this decision.” Iran had no ability...
Thailand’s oil refiners have sought to allay public concerns by confirming that the country’s oil reserves remain sufficient despite reports of motorists rushing to filling stations in provincial areas.
The move aims to restart oil production at a cluster of offshore platforms as fuel prices continue to rise in the wake of the war on Iran.
Mantis Space will use $10 million in seed funding to develop its prototype payload.
Scientists say nearly all of the significant glaciers in the Austrian Alps have shrunk.
Exclusive: Chancellor plans help for vulnerable and low-income customers due to conflict in Middle East Rachel Reeves will set out extra support next week for households across the UK facing a surge in the cost of heating oil due to the conflict in the Middle East. The chancellor is expected to set out plans to assist those on low incomes or with other vulnerabilities, particularly in rural areas. The help will be delivered in England via councils using the new crisis and resilience fund. Continue reading...
A major incident was declared when a leak occurred at a pipeline operated by gas company Perenco.
President Trump's stance on rising oil prices has shifted, now framing them as beneficial for the US as a major oil producer. This change follows strikes against Iran, which triggered a surge in global oil and petrol prices, impacting the Strait of Hormuz. The administration is grappling with economic consequences and political considerations ahead of midterm elections.
Geothermal innovators at MIT and elsewhere are seeking deeper and hotter rocks to generate electricity at scale.
The US said easing sanctions on Russian oil would provide only a limited financial boost to Putin.
Miraj, a historic city in Maharashtra, is renowned for its musical instrument making. Craftsmen create exquisite sitars and tanpuras using a special type of pumpkin. This tradition, passed down through generations, faces threats from climate change impacting pumpkin size. The craft requires government support for survival. The disappearance of this art would mean losing music, history, and ancestral voices.
Sweden’s coast guard said the Sea Owl I is on an EU sanctions list and has transported oil products between Brazil and Russia in recent years.
It might sometimes feel like the days are starting to drag on, but scientists say that this isn't necessarily all in your head.
A US waiver now permits the purchase of Russian oil cargoes already at sea, releasing nearly 30 tankers carrying millions of barrels of crude and refined products into the market. This move offers crucial breathing room for nations grappling with supply disruptions near the Strait of Hormuz, as China and India continue to acquire discounted Russian fuels.
Jess Kramer, the EPA water chief, says technical assistance programs shouldn’t be used “as a means to advance local or state climate goals.”
Trillions of tons of hydrogen lie in Earth's crust. Can a Bavarian geologist unlock this clean and cheap energy source?
The TBI's energy policy expert Tone Langengen said the Middle East crisis showed the need to minimise the country's reliance on imports.
The chancellor is set to meet with energy bosses over concerns that companies are profiteering from oil and gas prices Also this morning, the Conservative party has continued to accuse the government of a “cover-up” over the release of files relating to Peter Mandelson becoming US ambassador. In a letter to the standards watchdog Sir Laurie Magnus, shadow Cabinet Office minister Alex Burghart suggested there was “missing” correspondence in the published material. Continue reading...
Energy minister Michael Shanks warned against doing anything that will help Vladimir Putin's 'war machine' against Ukraine.
Japan’s unilateral decision to release oil from its emergency stockpiles highlights its vulnerability to prolonged supply disruptions and may leave it more exposed to economic pressure from China amid tense bilateral relations, according to analysts. Tokyo announced earlier this week that it planned to release a total of 80 million barrels starting March 16, marking the first time it would independently tap its national reserves. The decision came ahead of a coordinated response by the...
Ministers face accusations of carrying out ‘irresponsible deregulation’ as they push through ‘clean energy’ proposals Ed Miliband has unveiled plans to cut regulations, costs and bureaucracy by the end of next year to speed up the development of nuclear power generation. The UK government said the changes, to be carried out this year, would deliver a “win-win for building critical infrastructure while protecting nature and the environment”. Continue reading...
Russia asserted that global energy markets cannot be stable without its oil, following a US temporary allowance for Russian crude sales already in transit. This move occurred as oil prices surged amid escalating conflict involving Iran, Israel, and the US, with Iran warning of retaliatory attacks on regional energy infrastructure.
The U.S. said it will temporarily allow the sale of oil from Russia that is at sea as nations scramble to boost supply and bring down prices.
Middle East tensions are sending global oil prices soaring past $100 a barrel, with Brent crude trading at $100.66. Attacks on Iran have triggered significant supply concerns, potentially leading to the "largest supply disruption" ever. Despite economic uncertainty, the US prioritizes confronting Iran over oil prices, while global efforts to mitigate the impact are underway.
Donald Trump claims rising oil prices benefit America even as drivers face billions more in fuel costs, sparking outrage and confusion.
The war on Iran has put fossil-fuel prices centre stage, but don’t believe those who tout ‘maximising the North Sea’ as our salvation These are burning, smoking lies. As oil and gas prices soar, thanks to the US and Israel’s attack on Iran, the UK’s opponents of climate policy become even shriller. Rightwing politicians, Tufton Street junktanks and the billionaire press tell us our energy security will be enhanced and our bills will fall if we abandon net zero policies, ditch renewables and reinvest in North Sea gas. These claims are not just a little bit wrong. They are the exact opposite of the truth. Two things have indeed happened in recent years. The price of electricity has soared, contributing greatly to the cost of living, and the proportion of the electricity we receive from renewables...
Illegal operators in Hong Kong have been converting vehicles into mobile refuelling points and posing risks to public safety, according to authorities, as they reported a 42 per cent jump in the average number of monthly complaints about illicit refuelling activities. The Environment and Ecology Bureau also said on Friday it would meet with local fuel suppliers to ensure they were being transparent about pricing, while the Competition Commission expressed concerns over prices to four petrol...
The lawsuit is the Trump administration's latest challenge to state action on climate change.
A former Trump energy adviser is urging the administration to study and regulate solar geoengineering before an adversary weaponizes it.
The phenomenon is poised to add extra warmth to a planet that’s rapidly heating due to human-caused climate change.
The group says MAGA Energy hasn't paid its lease for three years, and therefore the company is no longer allowed on their land in Edmonton.
Ed Miliband says the competition watchdog is primed to intervene if firms use the oil price shock to "rip off" customers.
As the price surged past $100 (£75) a barrel, the intergovernmental body said the war 'is creating the largest supply disruption in the history of the global oil market'.
Petroleum ministry officials said that the govt has allocated 48,000 kilolitres (kl) of additional kerosene to states, in addition to the regular quota of one lakh kl, for use as cooking fuel. It has also asked the pollution control boards of respective states and Union Territories to allow the use of biomass, RDF pellets (produced from municipal, industrial and commercial waste) and coal as alternate fuel in the hospitality and restaurant segment for one month.
The Trump administration temporarily lifted sanctions on Russian oil “stranded at sea” Thursday in an effort to contain skyrocketing energy prices due to Iranian threats against tanker ships.
S. Korea will release 22.46 million barrels of oil reserves in coordination with the International Energy Agency to address global supply disruptions
The analysis by the Canadian Climate Institute says oilsands producers will pay an average of about 50 cents per oil barrel, if the minimum carbon price rises to $130 per tonne.
The economic fallout of the US-Israeli assault and Tehran’s retaliation is spreading fast, and pushing the most vulnerable towards disaster Soaring prices at the pump , the scrapping of mortgage deals , and the prospect of higher prices for everything from food to smartphones . The US-Israeli attack on Iran , and Tehran’s retaliation, has rocked the global economy. Consumers are already feeling the pain of the biggest energy supply shock in history, and Iran’s new supreme leader, Ayatollah Mojtaba Khamenei, vowed on Thursday that the strait of Hormuz will remain closed , according to a statement attributed to him by state media. The corridor is the biggest chokepoint for the global energy system. The relief to oil prices brought by the International Energy Agency’s largest ever release...
The story of a wildflower that adapted to a severe drought in California raises hopes that evolution will come to the rescue of species hit by climate change, but there are limits
America's military is currently unable to escort oil tankers through the Strait of Hormuz. Energy Secretary Chris Wright stated that military assets are focused on Iran's offensive capabilities. Escort operations are expected soon, possibly by month's end. US forces have eliminated Iranian vessels suspected of laying mines near the strait.
Vast release of emergency crude reserves fails to quell mounting fears about supply crunch, rattling markets Middle East crisis – live updates Oil markets are facing the “largest supply disruption in history” as the war in Iran continues to block tankers from producing and shipping millions of barrels of crude each day, the world energy watchdog has warned. The International Energy Agency (IEA) said the supply shock ignited by Iran’s effective blockade of the strait of Hormuz meant the world faced a deeper crisis than after the Yom Kippur war of 1973 and the 2022 outbreak of war in Ukraine. Continue reading...
New research on what three very hot years can tell us about climate change.
Oil price moves have made headlines since the Iran conflict started - but why have there been such sharp swings?
The Democrat Party has called on the government to divert windfall refining profits into the Oil Fuel Fund, warning that relying on subsidies of nearly 16 baht a litre to cap diesel prices risks shifting the burden onto the taxpaying public.
External Affairs Minister S Jaishankar held three recent talks with his Iranian counterpart, focusing on maritime shipping safety and India's energy security amid rising Middle East tensions. Iran has ensured safe passage for Indian-flagged vessels through the Strait of Hormuz, a crucial route for global oil trade and India's energy imports.
Rolling coverage of the latest economic and financial news Middle East crisis live: Mojtaba Khamanei says strait of Hormuz will remain closed in first statement as supreme leader as Iranian attacks disrupt energy markets Oil price touches $100 again as Iran strikes economic targets across Middle East European gas prices are also rising today. The month-ahead UK gas contract is up 4.2% at 132.6p per them, while the continental European equivalent is 3.2% higher at €51.6 per Megawatt hour. Continue reading...
Trump spins the spiking oil prices as a win for the US as defense departments reportedly spends billions on war with Iran Sign up for Breaking US News emails US defense officials told senators on the armed services committee that the cost of the war on Iran totaled more than $11.3bn in the first six days alone , according to multiple reports. The New York Times was first to break the news about the conflict’s price tag, citing three people familiar with the closed-door briefing on Tuesday. Continue reading...
Journal of Geophysical Research: Atmospheres, Volume 131, Issue 6, 28 March 2026.
The expansion in Queensland, which has been approved until 2081, will contribute about 120m tonnes of carbon emissions over its lifetime Get our breaking news email , free app or daily news podcast A major coal seam gas expansion, contributing about 120m tonnes of carbon emissions over its lifetime, has been approved by the federal government until 2081. The approval enables Australia Pacific LNG to continue to build, operate and eventually decommission new gas infrastructure in Queensland’s Surat and Bowen basins. Continue reading...
Unseasonably warm and even dangerous temperatures this week were up to 30F above average for the time of year The record-breaking heatwave scorching the US west this week would have been “virtually impossible” if not for the climate crisis, a team of scientists has determined. Millions of Americans from the Pacific coast to the Rockies baked under unseasonably warm and even dangerous temperatures this week, with temperatures up to 30F (17C) above average for the time of year. Continue reading...
Gas prices are soaring amid the war against Iran. The president's war on energy efficiency isn't helping
Today's sea level rise is significant enough to slow the rotation of the planet by just over a millisecond per century.
Kevin O'Leary predicts a multinational coalition will seize control of the Strait of Hormuz to ensure energy security after the 2026 Middle East war. US Treasury Secretary Scott Bessent considers 'unsanctioning' 140 million barrels of Iranian oil to curb soaring global prices.
Amid mounting concerns over global supply chains, the international energy watchdog issued advice to cut down on car use and cook with air fryers.
Operator Essar has apologised for the breaches committed over four years.
[FrontPageAfrica] Monrovia -- Ireland's Ambassador to Liberia, Gerard Considine, has called for stronger accountability, transparency and collaboration in Liberia's response to climate change, stressing that effective climate action cannot succeed without good governance and inclusive participation.
These books and reports explore climate change through historical, scientific, social, and political lenses. The post 12 climate reads for Women’s History Month appeared first on Yale Climate Connections.
Chinese stocks have emerged as outperformers in the latest oil shock, reversing their reputation as laggards, as crude takes a back seat to renewable fuels in the world’s second-largest economy. The CSI 300 Index of stocks trading on the mainland’s exchanges has dropped 3.1 per cent since the US and Israel began attacks on Iran on February 28, outperforming the S&P 500, the Euro Stoxx 50 and Japan’s Nikkei 225, which have all slid at least 4 per cent during the period. This marked a turnaround...
The latest strikes come after Israeli Prime Minister Benjamin Netanyahu said Thursday that Israel would "hold off on future attacks" on Iran's energy infrastructure, following Trump's request.
Energy expert Vaqar Zakaria believes solar power makes “excellent economic sense” – and he lives by it. For over five years, his rooftop panels have slashed his bills, sometimes to zero, even allowing him to sell surplus electricity back through net metering. Last month, he took it further. After buying two electric vehicles, he has […]
Environmentalists said the Trump administration has been working to stop wind and solar projects while keeping coal units in service.
Higher volumes, efforts to deliver more resource-intensive products and additional production in nations with fossil fuel-reliant power grids will combine to increase the industry’s pollution profile, according to a research firm.
March temperatures across the western U.S. are 10.8 degrees warmer than they would have been in a world without global warming.
Thursday’s amendment came after reports emerged that a Russian tanker delivered oil to Cuba this month as it grapples with a deepening energy crisis that has caused widespread blackouts in recent days.
Anxiety has pulsed through the small-business economy for months, even before the war in Iran began weighing on energy prices.
[The Conversation Africa] The attacks by the US and Israel on Iran, which started on 28 February 2026, upended key supply chains, driving oil prices above US$100 a barrel. The spike followed Iran's closure of the Strait of Hormuz in response to the US and Israeli action. About 20% of the world's oil supplies are transported through the strait.
As the US-Israel war on Iran strains global energy supplies, Japan is discussing reviving domestic production of liquefied natural gas carriers for the first time in more than half a decade to bolster its national security. The move would see Japanese shipbuilders return to a market that is currently dominated by China and South Korea, as Tokyo looks to revitalise its maritime sector and shore up its energy security. Japan’s shipbuilding working group – comprising industry experts and government...
Global crude prices saw a dip on Friday. Statements from US President Donald Trump and Israeli prime minister Benjamin Netanyahu helped calm fears of more attacks on energy facilities. Brent crude moved towards $107 a barrel. West Texas Intermediate for May hovered around $94. This follows a sharp rally due to supply disruptions in the Persian Gulf region.
Kuwait's Mina Al-Ahmadi oil refinery faced another Iranian drone attack on Friday. Fires erupted at several units. This follows a similar incident a day earlier. Firefighters are working to control the blaze. The attacks are part of a wider escalation in the Gulf region. Energy supplies and global markets are affected
Minns Labor government criticised over strategy as no new mines have been proposed for several years Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast The New South Wales government will continue to green-light coalmine expansions, effectively rejecting a warning from its climate agency that approving new developments would be inconsistent with the state’s legislated emissions targets. Releasing a statement on the coal industry’s future , the Labor government said it would no longer consider proposals for “standalone greenfield coalmines” on undeveloped sites. But it would continue to allow expansions and time extensions at existing mines. Continue reading...
Samoa and Tonga raise supply concerns with foreign partners as businesses and residents in Papua New Guinea grapple with higher fuel prices amid the Iran war The leaders of some Pacific countries have appealed for help with oil supplies while others urge against “panic buying” as the import-reliant nations grapple with fears over possible fuel shortages and escalating costs caused by war in the Middle East. Oil prices have surged to nearly $110 a barrel after strikes against energy infrastructure in Iran and the Gulf states. Continue reading...
Rising crude oil price volatility, fuelled by escalating tensions between the US and Iran, is threatening to stall Thailand's automotive recovery, with luxury car sales projected to remain flat this year, according to BMW Group Thailand.
Fears of a global energy crisis after attacks on major gas sites in the Middle East dominates Friday's papers.
Asks All Oil & Gas Entities To Regularly Submit Detailed Op Info
President Donald Trump said Thursday that he had spoken with Israeli Prime Minister and told him to stop attacking Iran's oil fields, a move that sent fuel prices skyrocketing.
Foreign minister issues warning after Israeli attack on South Pars gasfield and as Qatar reels from retaliatory strike ‘Doomsday scenario’: a visual guide to the oil and gas site attacks in the Middle East Middle East crisis – live updates Iran said on Thursday it would show “zero restraint” if its energy infrastructure was targeted again as Qatar revealed that almost a fifth of its liquefied natural gas export capacity had been knocked out in an Iranian strike that is likely to have a years-long impact. The warning, delivered by the Iranian foreign minister, Abbas Araghchi, followed Israel’s attack on Iran’s massive South Pars gasfield – which it shares with Qatar – which triggered Iranian retaliatory strikes on Qatar’s Ras Laffan gas complex and other Gulf neighbours, sending...
India gets around 40% of its LNG requirements from Qatar. Reacting to the damage to key energy infrastructure in the Middle East, External Affairs Ministry spokesperson Randhir Jaiswal said, “India had previously called for the avoidance of targeting civilian infrastructure, including energy infrastructure, across the region.”
Treasury Secretary Scott Bessent broached waiving sanctions on oil already at sea, which would be a stunning reversal of longstanding American policy.
Rising energy prices could prompt cane mills in top grower Brazil to raise ethanol output and lower sugar production. Ethanol is a cane-based biofuel.
India is mandating detailed operational data from its entire oil and gas sector, classifying it as a national security matter. This move aims to enhance government oversight of energy supplies amid Middle East war disruptions. The new order requires real-time reporting on production, imports, and consumption, enabling faster responses to crises and better procurement decisions.
The state government also ushered in a plan to force major coal mines to reduce emissions of methane, a potent greenhouse gas.
Crippled energy infrastructure in the Middle East continues to drive up price and compels the US Fed to keep rate unchanged.
Venezuela transferred an estimated $64 billion in oil wealth to Cuba over two decades, helping build a Cuban-led intelligence and security apparatus tied to political repression and social control, according to a new report.
Attacks on facilities by both sides in the conflict this week threaten grave consequences for the global economy Middle East crisis – live updates The escalating attacks on key oil and gas projects in the Middle East are expected to fuel a new phase of the ongoing conflict, with profound consequences for the world’s energy supplies and the global economy. The Iran regime has vowed to target a string of key energy infrastructure across the region after warning that an Israeli strike on a production facility for its largest gasfield at South Pars on Wednesday had ignited a “full-scale economic war”. Continue reading...
A federal court tossed the agency’s effort to obtain a warrant for Clean Air Act inspections of compressor stations and other facilities on reservation land.
Iran escalated attacks on Gulf energy sites, hitting Saudi Arabia's SAMREF refinery and facilities in Qatar and Kuwait. These strikes, following an Israeli attack on Iran's South Pars gas field, caused global fuel prices to surge. Saudi Arabia, Qatar, and the UAE condemned the actions, while the US warned of retaliation if Iran continue
WASHINGTON — A Qatari complex housing the world’s largest liquefied natural gas (LNG) export plant suffered “extensive damage” amid a sharp escalation of attacks on energy facilities across the Persian Gulf.
State-run QatarEnergy says Iranian attack on its facilities has wiped out 17% of its LNG capacity for up to five years Middle East crisis – live updates Business live – latest updates Gas prices jumped to four-year highs and oil prices rose again after an escalation of attacks by Israel and Iran on gasfields heightened fears of prolonged disruption to international energy supplies. QatarEnergy told Reuters on Thursday that Iran had damaged facilities that produced 17% of the state-owned company’s liquefied natural gas (LNG) export capacity and that it would take three to five years to repair them. Continue reading...
Iran war and its impact on energy and fertiliser costs is the main risk to the global economy, report says Business live – latest updates An extended period of high oil prices as a result of war in the Middle East could “crimp” the AI boom, the World Trade Organization’s chief economist has warned. The war and its impact on energy and fertiliser costs is the main risk to the global economy identified in the WTO’s latest Global Trade Outlook. Continue reading...
[Daily Trust] The Minister of State for Industry, Trade and Investment, Senator John Owan Enoh, has commended Mojec International Limited and its renewable energy company V-Solaris for strengthening the country's electricity infrastructure and expanding access to sustainable energy solutions.
Iran has intensified its attacks on oil and gas facilities around the Persian Gulf, sending shock waves through the global economy.
Europe woke on Thursday to another energy shock, as military attacks on critical infrastructure in Qatar and Iran sent oil and gas prices across the continent soaring to levels unseen since Russia’s invasion of Ukraine in 2022. The continent’s benchmark natural gas price, the Dutch TTF, climbed above €70 (US$80) per megawatt hour in Thursday morning trading – its highest level since December 2022, though still well below the more than €300 peak reached in the summer of 2022. Brent crude surged...
Speaking on the latest Alas Vine & Hitchens podcast, the columnist said the UK can no longer leave its status as a nuclear power to the 'whims' of a vengeful President Trump.
The target is not Iran’s exports but its biggest source of domestic energy in a country that sometimes struggles to produce enough electricity.
Former Trump aide Joe Kent claims Iran wasn't close to nuclear power and that the late Ayatollah Ali Khamenei moderated the program. Kent also asserted Israel drew the US into the recent conflict, contradicting official "imminent threat" justifications. His resignation and subsequent FBI probe into classified leaks highlight deep divisions.
[Daily Trust] The founder of Global Initiative for Food Security and Ecosystem Preservation (GIFSEP-), Dr Michael Terungwa David, has stated that the deployment of solar energy is the best option for Nigeria to bridge the energy gap in Nigeria with over 90 million people not connected to electricity.
A recession mindset took hold among global investors after strikes on energy infrastructure in the Middle East heightened fears that disruption to production and distribution would keep oil prices elevated for longer, darkening the global economic outlook. Crude prices staged a comeback on Thursday after Iran attacked a liquefied petroleum gas site in Qatar in retaliation for Israel’s strikes on its South Pars gas field. Brent futures surged 5.5 per cent to US$113.53 a barrel in London, and...
The ripple effects of the war in the Middle East are hitting home hard for Filipino jeepney driver Toni Prado, whose daily earnings have been gutted by soaring fuel prices. He was one of thousands of jeepney drivers who took to the streets across the country on Thursday to protest a more than doubling of local diesel prices after global oil prices surged because of the US-Israel war on Iran. “We are losing our income. What we earn just goes to paying for diesel,” said Prado. “Before I could...
Senior Services Plus in Illinois is helping older residents lower energy costs with free insulation, heating upgrades, and other improvements. The post Home energy upgrades help older residents stay in their homes appeared first on Yale Climate Connections.
European Union experts have arrived in Ukraine to assess the condition of the Druzhba oil pipeline, state energy firm Naftogaz said, after its closure in January caused a row with Hungary that is blocking an EU loan to Kyiv. The EU last week proposed sending a mission to inspect the pipeline. Ukraine later said it had accepted the EU offer of technical support and funding to restore oil flows through the damaged pipeline. Hungary and Slovakia have been cut off from Russian oil deliveries via...
Oil prices surged about 10 per cent and Chinese stocks fell on Thursday as widening conflict in the Middle East created new concerns about global energy supplies. Brent crude, the global benchmark, touched US$117 a barrel, having risen 60 per cent since the US and Israel first attacked Iran on February 28. Hong Kong’s Hang Seng Index and the mainland CSI 300 both fell about 2 per cent. Prices of crude oil and gas jumped after Israel bombed Iran’s huge South Pars gas field and Iran responded by...
Pakistan has cancelled its Republic Day parade on March 23 due to the Middle East crisis, which has triggered an oil crisis. The government cited austerity measures and the need to align with the nation's commitment to Pakistan Day ideals. This decision follows escalating tensions in the Gulf region and disruptions to global fuel supplies.
Oil companies are winning extra revenue from high prices due to the war in Iran, but could suffer if the energy shock depresses demand from consumers and businesses.
Global oil prices and European natural gas surged Friday following strikes on Iran's energy infrastructure and retaliatory threats. Iran blamed the US and Israel, warning of attacks on key Gulf facilities, including Qatar's Ras Laffan LNG hub, which reported extensive damage. This escalation has halted ship traffic through the Strait of Hormuz, intensifying supply concerns and likely causing market volatility.
TEHRAN - Iran targeted energy facilities across the Gulf and threatened further destructive attacks after a key gas field was hit, raising fears Thursday of a wider assault on fuel supplies that could jolt already rattled global markets.
The Fed's decision to hold rates steady amid rising Iran oil prices impacts the economy. Explore the 2026 inflation forecast, FOMC divisions, and the effects of prolonged high borrowing costs on households.
Increased wind and solar generation, along with falling electricity contract prices, are expected to deliver lower energy bills Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Power prices on Australia’s east coast are predicted to fall from July because of increased output from wind generation and batteries, and falling electricity contract prices, with potential savings up to $1,320 for some small businesses. In a draft decision on Thursday, the Australia Energy Regulator (AER) proposed a price reduction for customers on standing electricity plans – known as the “default market offer” – of between 1.3% to 10.1% for residential customers, and between 8.5% and 21.2% for small businesses, depending on the region...
[The Conversation Africa] Cassava is a starchy, tuberous root, introduced to sub-Saharan Africa by Portuguese traders centuries ago. It is a nutrition lifeboat for over 800 million people worldwide.
Gov. Kathy Hochul continues to push to weaken New York’s landmark 2019 climate law as she points to federal opposition to clean energy.
Not all firms retreated from such spending. Repsol and Saudi Aramco, the largest investors in low-carbon technology in 2025, each committed about $4 billion.
The results of the auction indicated robust interest from the oil and gas sector in expanding drilling in Alaska’s North Slope.
The meeting comes as oil and gasoline prices have spiked after Iran closed a key waterway for global oil shipments.
The moves highlight the increased pressure the administration is under to ease soaring oil prices as the U.S. wages a war with Iran without a foreseeable end date.
Hungarian PM shows no sign of backing down while Volodymyr Zelenskyy urges EU to resolve dispute Hungary’s prime minister, Viktor Orbán, will face pressure from other EU leaders to stop blocking a vital €90bn loan for Ukraine over a political dispute about an oil pipeline. Ahead of an EU summit on Thursday, Orbán, who faces elections next month, showed no sign of backing down in his veto of the loan. He said he would not allow it until the damaged Soviet-era Druzhba pipeline supplying Hungary with Russian oil via Ukraine was repaired. Continue reading...
North Sea oil giant moves closer to approving plans for controversial Shetland field development amid surge in profits
Blackouts. Economic paralysis. Empty shelves. Petrol and diesel rationing. Riots. As oil prices soar to unprecedented highs, Britain is on the brink of the worst energy crisis in our history.
With oil supply disrupted, Beijing's oil reserves and renewable energy push are being put to the test.
S. Korea's four major oil refiners are ramping up production and delaying maintenance to stabilize domestic fuel supply amid rising global energy risk
Japan is expected to agree with the U. S. on joint stockpiling of U.S. crude oil, as Tokyo moves to reduce its heavy reliance on Middle Eastern energy
In a bid to curb soaring energy costs, President Trump has temporarily waived the Jones Act for 60 days. This move permits foreign ships to transport goods between US ports, aiming to ease oil market disruptions caused by the US-Israeli conflict with Iran.
The ships, if they arrive, would be providing the Caribbean island nation with its first energy shipments in three months.
Powerline’s Matineh Eybpoosh explores a growing vulnerability in the global energy transition: while battery storage is scaling rapidly across power grids, the intelligence required to operate these assets efficiently is lagging behind. As battery fleets expand across markets, Matineh argues that operational intelligence and automation will become essential to the energy transition.
Last week, the DOE announced a plan to release 172 million barrels of oil as part of a broader planned release of 400 million barrels from various member governments of the International Energy Agency.
It allows companies that existed before Jan. 29, 2025, to buy Venezuelan oil and engage in transactions that would normally be banned under U.S. sanctions, allowing Venezuela to reenter global markets.
Escalating tensions between the United States and Iran could shock the global economy and energy markets, making it essential for Thailand to adopt a balanced and strategic stance, says a Thai academic.
Iran’s huge Pars gas field was hit on Wednesday in the first reported strikes on Iran’s Gulf energy infrastructure of the US-Israeli war, prompting Tehran to announce it would respond with attacks on oil and gas targets throughout the Gulf. Oil prices shot up after the attack, a major escalation in a war that has already halted shipping from the world’s most important energy-producing region and could now bring lasting damage to its infrastructure. Benchmark Brent crude prices rose around 5...
Oil prices increased Wednesday despite President Donald Trump’s suspension of the Jones Act, which regulates shipping. Unleaded gas costs 32 percent more than a month ago.
Disruption to shipping traffic through the Strait of Hormuz has led to a spike in oil and natural gas prices, which could spur countries to boost the rollout of renewable energy and electric vehicles
Hong Kong authorities have raided three illegal fuelling stations and arrested two men, seizing more than 1,800 litres (475.5 gallons) of petrol with an estimated market value of HK$54,000 (US$6,891) as oil prices continue to spike amid the widening conflict in the Middle East. The joint crackdown by the Fire Services Department and the Customs and Excise Department in the past week also led to the detention of three vehicles and the arrest of a suspected station operator and...
Government’s first published land use framework maps how land is used and how it can be adapted to meet changing needs About 7% of England’s land – an area roughly two-and-a-half times the size of Cornwall – will need to be given over to nature, forests and renewable energy, to meet the UK’s environmental targets, new data shows. But there will still be enough land to grow the food needed, and to house a growing population, according to the government’s first “land use framework” , published on Wednesday. Placing a high priority on restoring peatland, all but 13% of which is degraded across England, but this will not include an outright ban on development such as wind or solar farms. Encouraging the “multi use” of land, for instance with livestock grazing alongside wind and solar farms...
Saudi Arabia is activating its Red Sea “Plan B” to divert crude via the port of Yanbu, allowing tankers – including Chinese very large crude carriers (VLCCs) – to bypass the Strait of Hormuz, though analysts warn the route has limited capacity. The move comes after Iran effectively closed the strait in response to United States and Israeli military strikes, a conflict now in its third week that has rattled global energy markets. New Vista, a VLCC owned by China Merchants Energy Shipping, had...
Data from Vortexa Ltd. indicates that at least seven vessels transporting Russian crude have altered their routes mid-journey, changing course from China to India. At present, all major Indian refiners are actively sourcing Russian oil.
[Premium Times] The lesson from every Middle East crisis is clear: global energy shocks will continue to occur, and their effects will continue to reverberate across the world. For Africa's oil-rich but refining-poor economies, the real challenge is not merely surviving these shocks but using them as catalysts for structural transformation...Until that transformation occurs, events thousands of miles away in the Middle East will continue to shape the daily economic realities of millions of African citizens...
China is offering solar energy to Cuba, an old ally left without power amid the US oil embargo, in a show of strength for Chinese renewable-energy credentials and a sign of Beijing’s economic footprint in Latin America. Beijing’s ambassador to Cuba, Hua Xin, on Monday outlined joint energy projects in progress as part of an effort to ease a “complex power situation” in the Caribbean nation, the Cuban Ministry of Foreign Affairs said. “China has always maintained that Latin America and the...
Despite wildly different approaches, both states are seeing massive growth in solar and wind energy. The post How blue California and red Texas became green powerhouses appeared first on Yale Climate Connections.
In his first major speech on the economy, the populist Green leader urged Chancellor Rachel Reeves to hit firms harder to offset price rises caused by 'Trump's war' on Iran.
Korea Hydro & Nuclear Power said new CEO Kim Hoe-chun has officially taken office to lead the state-run company over the next three years.
Supporters of expanding the use of gas from cow waste and landfills are weighing in on Gov. Kathy Hochul’s push to change the climate law.
Turbulence in the global oil market caused by the war in Iran revealed a quiet shift that could reshape global energy security: the rapid rise of electric vehicles. Global uptake of electric vehicle fleets has led to avoided oil consumption rising to the equivalent of 70 per cent of Iran’s exports in 2025, according to a new report. Last year, EVs worldwide saved 1.7 million barrels of oil consumption per day. During the same timeframe, Iran exported 2.4 million barrels of oil through the Strait...
The UN nuclear watchdog said on Wednesday that Iranian authorities had reported projectile impact on the grounds of the country’s only operational nuclear power plant that caused no damage. The International Atomic Energy Agency (IAEA) “has been informed by Iran that a projectile hit the premises of the Bushehr NPP on Tuesday evening”, the Vienna-based agency posted on social media using an acronym for nuclear power plant. “No damage to the plant or injuries to staff reported”. Agency head...
Russia’s state-owned nuclear energy corporation Rosatom condemned strikes which targeted the grounds of Bushehr nuclear power plant in Iran on Tuesday, calling for a de-escalation of tensions around the facility. “We strongly condemn what happened and call on all parties to the conflict to make every effort to de-escalate the situation around the Bushehr nuclear … The post Russia condemns attack on Iranian Bushehr nuclear power plant appeared first on Egypt Independent.
A Hong Kong bus driver union has hit out at a company’s guidelines asking drivers to save fuel amid surging oil prices by switching off air conditioning when they are not carrying passengers, arguing that such policies pose safety risks. In a statement on Wednesday, the Motor Transport Workers General Union also called on public bus firm KMB to allow for lower air-conditioning temperatures inside compartments to improve the working environment of drivers. “The union believes that the company’s...
The South Texas city approved spending on new wells with a water emergency looming after years of industrial growth and drought.
Environmentalists say the administration's rationale for delaying the imminent retirement of three Indiana coal units won't hold up in court.
The deal could help ease tensions that prompted Hungary to block a $104 billion EU loan to Ukraine.
Iran’s state television published a threat on Wednesday saying the Islamic Republic would be attacking oil and gas infrastructure in Qatar, Saudi Arabia and the United Arab Emirates amid a new wave of strikes on its Persian Gulf neighbours and Israel.
The Office of the Cane and Sugar Board (OCSB) expects purchases of sugar cane leaves to more than double this year as Thailand reduces its reliance on liquefied natural gas imports, shipments of which have been disrupted by war in the Middle East.
The permanent secretary for energy, Prasert Sinsukprasert, has ordered urgent inspections into suspected oil hoarding, warning that violators will face legal action.
EU officials say they have offered money and technical help to Ukraine to fix a key oil pipeline to Central Europe. They hope that will persuade Hungary to drop its veto on major aid to Ukraine.
An unidentified projectile struck the premises of Iran's Bushehr nuclear power plant on Tuesday evening, the U.N.'s nuclear watchdog said.
Danielle Smith addressed the Rural Municipalities of Alberta conference, hearing concerns on everything from health care access to infrastructure woes and unpaid oil and gas taxes.
Thailand faces a heightened risk of oil shortages as the country relies more heavily on imported energy than most of its regional peers, according to the research centre of Kiatnakin Phatra Financial Group (KKP).
A US-Iran war is causing a dangerous oil shock, ironically enriching both Tehran and Moscow. As Gulf energy assets and shipping are disrupted, crude prices surge, providing a revenue windfall for Iran and benefiting Russia through tighter global supply and renewed Asian demand.
Beyond oil and gas, several other sectors of the economy will likely see a hit if the US-Iran war continues for a longer duration. According to Barclays, India's non-energy imports from the Middle East are sizable as well - at approximately 10% of total non-energy imports.
Hungary and Slovakia have accused Ukraine of deliberately delaying the reopening of the Druzhba pipeline.
STATEMENT: Bipartisan US Geothermal Bill Would Help Scale Around-the-Clock Clean Energy Source nate.shelter@wri.org Tue, 03/17/2026 - 14:22 WASHINGTON (March 17, 2026) — Today in the United States Senate, Senators John Hickenlooper (D-CO) and Steve Daines (R-MT) introduced the Geothermal Power Opportunity With Expanded Regions Act, also known as the Geo POWER Act. The Act provides the U.S. Department of Energy innovative financing tools and milestone-based investments to target crucial financial gaps and provide the demonstrations funding needed to deploy innovative next-generation geothermal technologies at scale. The Act also ensures that these investments will support a diversity of projects in new locations – an approach that is in line with expert assessments...
Heating oil customers will receive support from the UK government after it announced a £50 million package to ease the burden of spiralling costs
As President Donald Trump threatens to “take” Cuba, China is flexing its dominance in renewable energy by supplying solar panels as Havana confronts an energy crisis.
An international team of researchers traced the connection between a massive surge of dengue fever in Peru in 2023 and a cyclone which hit the region that year.
Germany said Tuesday its competition watchdog will soon get more powers to target energy firms over concerns they are unfairly hiking petrol prices to profit from the wartime oil shock.
Falling costs and government incentives make solar an attractive option for many, reducing need for gas After prices of liquefied natural gas surged to record highs after Russia’s full-scale invasion of Ukraine in 2022, millions of people in Pakistan were repeatedly left without electricity . An intense heatwave and gas shortages amid record-breaking prices resulted in power cuts across the country. But people soon started to realise there was an alternative. The falling costs of solar panels and generous government incentives to feed excess power back to the grid made rooftop solar an attractive option. Continue reading...
Most of the wind farms under consideration by the Biden BLM are no longer in the permitting pipeline.
[The Conversation Africa] For over three decades, satellites orbiting Earth have measured the height of the ocean surface with remarkable precision. These measurements are crucial because changes in ocean height are one of the clearest indicators of how our planet is responding to climate change. Rising ocean surfaces signal warming temperatures, melting ice and shifting ocean currents.
A federal investigation found that two vessels caused the spill after their anchors struck a pipeline.
This article is republished from The Conversation under a Creative Commons license. Read the original article . Authors: John Cook , Senior Research Fellow, Melbourne School of Psychological Sciences, The University of Melbourne ; Alex Farnsworth , Senior Research Associate in Meteorology, University of Bristol ; Dan Lunt , Professor of Climate Science, University of Bristol , and Dann Mitchell , Professor of Climate Science, University of Bristol When English author J.R.R. Tolkien crafted his fantasy world Middle-earth, he argued storytellers are essentially “sub-creators” – they build fictional realms with internally consistent laws. For a world to be truly immersive and believable, readers apply what is known as the “ principle of...
[The Conversation Africa] The effects of climate change are no longer a future risk for Africa. They are a present crisis.
A Shanghai-based start-up claims to have mastered a technique for producing synthetic petroleum at low cost from air and water, as China intensifies efforts to develop alternatives to traditional fossil fuels amid the US-Israel war against Iran. Carbonology announced it had created a process for converting carbon dioxide extracted from air and water into artificial fuel using solar and wind energy, Chinese media outlet Cailianshe reported on Tuesday. The company – co-founded by a former...
Middle East conflict intensifies, driving oil prices higher as fears of supply disruptions mount. The Strait of Hormuz remains largely disrupted, impacting production and leading to calls for strategic reserve releases. Analysts warn of further price hikes if tensions persist, potentially impacting global economies.
Brent crude price climbs as operations suspended at Shah gasfield in UAE after Iranian strike Business live – latest updates Middle East crisis – live updates Oil and gas prices have risen again after Iran carried out attacks on production facilities for the first time since the start of the war with the US and Israel. Brent crude, the international benchmark oil price, climbed 3% to $103.2 (£77.52) a barrel on Tuesday and was up nearly 50% from levels before the war began on 28 February. Wholesale gas prices rose nearly 3% to €52 (£45) a megawatt hour, compared with about €30 before the war. Continue reading...
A new study suggests that data centers could sop up the power that California's transmission lines can't handle.
International Energy Agency chief Fatih Birol said U.S. and Israeli attacks on Iran had triggered “the largest supply disruption in the history of the global oil market.”
The Texas company achieved its yearslong goal of restarting its oil pipeline system after an order by the Energy secretary.
Energy Secretary Chris Wright threatened to quit the International Energy Agency about 10 days before the U.S.-Israel war on Iran plunged the world into energy volatility.
A push by some countries to revamp key green legislation as the Iran crisis drives up energy bills is flatlining.
Thailand is set to receive a new shipment of liquefied natural gas (LNG) from overseas, ensuring adequate fuel for power generation as electricity demand surges during the hot season, according to an energy official who requested anonymity.
Events in the narrow waterway are causing chaos around the globe. Jillian Ambrose explains why The strait of Hormuz, a narrow stretch of water at the mouth of the Gulf, is the world’s petrol pump, a geographical bottleneck through which 20% of the world’s oil normally flows. Since the US and Israel launched their war on Iran, however, Tehran has threatened to close the strait and cause mayhem. “They’ve not formally, officially shut it down, but they have said that they will set ablaze any tanker that tries to move through. For any shipping owner, for any insurer, that is as good as closed ,” explains the Guardian’s energy correspondent, Jillian Ambrose . Continue reading...
S. Korea's the government have decided to raise the operating rates of nuclear and coal-fired power plants to respond to rising oil prices due to war
Researchers from the Catholic University of Argentina set out to understand how rising temperatures will affect physical activity - and as a result, premature deaths.
Amid the U.S. oil blockade, Cuba’s national energy grid collapses, causing a nationwide blackout.
Unpaid municipal taxes by some in the energy industry is a long-standing issue, with Alberta's rural communities owed more than $250 million as of last year.
The war in Iran, culminating in the de facto closure of the Strait of Hormuz, has again exposed the world’s energy and maritime sector to acute vulnerabilities. The spike in oil prices and surging freight rates may grab headlines, but beneath these shocks lie fundamental questions about Asia’s – and Hong Kong’s – energy security, the resilience of shipping risk management and the urgent need to transform our maritime industry for a greener future. The Strait of Hormuz is not just a geopolitical...
The meeting, planned for this month, will focus on oil and gas drilling in the Gulf of Mexico.
Ten million people left without power in latest of outages that sparked violent protest last weekend Cuba’s national electric grid has collapsed, the country’s grid operator has said, leaving approximately 10 million people without power amid a US-imposed oil blockade that has crippled the island’s already obsolete generation system. The grid operator, UNE, said on social media on Monday that it was investigating the causes of the blackout, the latest in a series of widespread outages that last for hours or days and that last weekend sparked a rare violent protest in the communist-run country. Continue reading...
Effective closure of strait of Hormuz also affecting Bangladesh, India and Pakistan, which have brought in crisis measures Sri Lanka is introducing a shorter four-day working week to preserve its shrinking fuel and gas reserves, as the Middle East conflict continues to severely disrupt energy supplies in the region. Countries across south Asia are facing crippling shortages of fuel and LPG gas, which are used for everything from home cooking to cremating bodies, as most supplies have been held up in the Gulf since the US and Israel began bombing Iran. Continue reading...
When you get a wildly contorted jet stream on a human-warmed planet, expect wild results. The post Pick your weather poison this week: Tornadoes, blizzard, record rain, wildfire, or summerlike heat appeared first on Yale Climate Connections.
Discover how rising sea levels are slowing the Earth’s rotation and what that means for the future.
Once again, global oil prices are spiking, driven by the Israeli-US war against Iran. With Iran retaliating by attacking infrastructure and transport hubs and blocking the Strait of Hormuz, through which one-fifth of the world’s oil passes, oil supplies from the region are being choked, pushing up prices. The cost of a barrel of Brent […]
One analyst predicting that prices at the pump might hit $3.85 per gallon on Monday as war enters third week Sign up for the Breaking News US email to get newsletter alerts in your inbox US oil prices could see another day of wild fluctuation as the US-Israel campaign against Iran extends into a third week, with one analyst predicting that prices at the pump might hit $3.85 per gallon on Monday. Petroleum prices have spiraled upward as the broadening conflict has imperiled oil and gas production infrastructure in the region. On Friday, the US conducted strikes on Kharg Island, an essential oil processing hub in Iran. Tehran, meanwhile, continues to block ships from passing through the strait of Hormuz, where a fifth of the international oil supply typically passes through. Continue...
Trump’s threat to postpone his Beijing trip unless China helps break Iran’s blockade of the Strait of Hormuz has fused two crises Beijing had sought to keep apart: the unravelling of Middle East stability and the fragile thaw in US–China relations. China, the world’s largest buyer of Gulf oil, is now being forced to weigh its economic reliance on stable energy routes against its tradition of non‑interference in diplomacy, according to observers. While Beijing is eager to host Trump for a...
The crucial Strait of Hormuz, a passageway between the Persian and Oman gulfs, is a channel for 20 per cent of the world's oil and gas.
Saudi Arabia is offering long-term oil buyers a new route via its Red Sea port of Yanbu, bypassing the disrupted Strait of Hormuz. This move aims to ensure supply continuity for April shipments, though pipeline capacity limits full allocations. Asian buyers, including China's Sinopec, are already adjusting refinery operations due to supply concerns, highlighting global uncertainty over the conflict's duration.
Electric vehicles reduce exposure to global oil price shocks and shift energy consumption to electricity largely produced domestically, expert says Get our breaking news email , free app or daily news podcast Australia could reduce its reliance on foreign fuel by more than 1bn litres a year if we replaced 1m petrol-fuelled cars with electric vehicles, as experts say boosting EV adoption is part of securing the nation’s long-term economic security. Hussein Dia, a professor of transport technology and sustainability at the Swinburne University of Technology, said electric vehicles can play a meaningful role in improving Australia’s energy sovereignty, as well as contributing to the national net zero emissions goal. Continue reading...
Former No10 energy expert Nick Butler said the effective closure of the Strait of Hormuz by Iran meant there would be a global 'shortage' of oil within weeks.
Highland Fuels customers are increasingly calling the heating oil supplier amid uncertainty in the market due to conflict in the Middle East.
Iran stepped up its targeting of the oil facilities of Gulf neighbors, attacking and setting on fire a key hub on the "safe" side of the Hormuz Strait
Top oil executives warned the Trump administration that the energy crisis stemming from the Iran conflict could worsen. Concerns were raised about disruptions to shipments through the Strait of Hormuz, a critical oil transit route. Despite President Trump's prediction of falling oil prices once the conflict subsides, his call for allies to deploy warships has met with negative responses.
Brent crude oil held above $100 on Monday, pushing national average gasoline prices to their highest level since October 2023 as President Trump ordered allies to help protect oil tankers from Iranian attacks in the Strait of Hormuz.
Another weekend of violence compounded global market concerns over war in the Middle East, following US strikes on the vital oil hub Oil prices have climbed again amid mounting supply fears after the US struck Iran’s vital Kharg Island oil hub and Donald Trump demanded allies help reopen the strait of Hormuz. Brent crude, the international benchmark, rose 1.8% to $104.98 per barrel during early trading on Monday. Another weekend of violence across the Middle East compounded concerns over the conflict, and its ramifications for global energy markets. Continue reading...
US president says it is ‘only appropriate’ for Europe to help, and warns failure to do so would be ‘very bad’ for Nato Middle East crisis – live updates Donald Trump has ratcheted up the pressure on European allies to help protect the strait of Hormuz, warning that Nato faces a “very bad” future if its members fail to come to Washington’s aid. The de facto closure of the vital waterway by Tehran in retaliation for airstrikes by the US and Israel has proved catastrophic for global energy and trade flows, causing the largest oil supply disruption in history and soaring global oil prices. Continue reading...
Missiles and drone attacks hit across the UAE on Monday, with a drone-related incident sparking a fuel tank fire near Dubai airport that disrupted travel, while a missile killed a civilian in Abu Dhabi. In the eastern emirate of Fujairah, a drone attack on oil infrastructure sparked a fire, just one day after smoke was seen rising from a major UAE energy installation in the emirate. The attacks came a day after Iranian foreign minister Abbas Araghchi said in an interview that rockets had been...
LONDON — Oil prices held firmly above $100 a barrel on March 16, 2026, as the ongoing U.S.-Israel war with Iran entered its third week, with Iran's effective blockade of the Strait of Hormuz continuing to choke global supply lines despite President Donald Trump's repeated demands for international help to reopen the vital waterway.
In just the last year, the Trump administration has derailed an international carbon tax, boosted forecasts for oil and gas, and sought to silence an island nation’s climate campaign.
Explosions echoed across Beirut early Monday as Israel struck the Lebanese capital. It also launched a new wave of attacks on Tehran, while Dubai was forced to temporarily close its airport after an Iranian drone hit a fuel tank.
The oil is expected to begin moving to market this week.
The pipeline has been offline since January after a Russian attack and has been at the center of a bitter row between Ukraine and Hungary.
Traders are placing wagers on the likelihood of disasters, activists being jailed and oil depots exploding.
The Democratic governor said she’d been pushing a recently dated memo about the potential costs of her own proposed carbon pricing program “for years.”
Prime Minister Anutin Charnvirakul says Thailand is negotiating with all major oil-producing nations, not only Russia, to secure energy supplies, adding the nation will not face an energy shortage.
Prime Minister Keir Starmer will claim on Monday his 'first priority' is to ease the impact of soaring oil prices on squeezed households.
[RFI] For east African neighbours Kenya and Somalia, the effects of climate change are worlds apart, with one country suffering drought and the other deadly flooding.
Households have faced a sharp rise in the cost of heating oil since the outbreak of the US-Israeli war with Iran.
Asia and Oceania will immediately receive strategic oil reserves, while the Americas and Europe will start releases by late March. This emergency action by the IEA aims to cushion the oil shock from the West Asia war, releasing 271.7 million barrels globally. Despite this, oil prices remain near $100, highlighting concerns over the Strait of Hormuz closure.
Changing your car's oil filter yourself instead of having a mechanic do it can be a frustrating experience if it's on too tight or it's not easily accessible.
The International Energy Agency's historic 400 million barrel oil reserve release offers limited relief as the Strait of Hormuz remains closed. S&P Global Energy warns this move won't solve the core issue of disrupted shipping, leaving Asian markets particularly vulnerable. Markets face continued imbalance until this critical chokepoint reopens.
Energy Chief Chris Wright declared prices will come down once the conflict is over, estimating the war will end 'in a few weeks,' while blasting Democrats for arguing against a new oil supply in California.
Canada produced on average 5.3 million barrels per day of crude oil in 2025, according to the Canada Energy Regulator, making the upcoming production jump a 2.6 per cent increase.
Oil could pass 2008 record of $147.50 a barrel as damage and field closures risk compounding supply shock caused by Iran war About 20 miles off the coast of Iran lies the source of the petrostate’s economic lifeblood and the latest target of US military aggression: an 8 sq mile coral island through which nine in every 10 barrels of Iranian crude passes each day. The US president’s decision to launch a weekend attack on Kharg Island, the home of Iran’s processing hub and the heart of its economy, is an unsurprising counterstrike to the Iranian regime’s ongoing chokehold on the oil market’s trade artery. Continue reading...
Hungary and Slovakia have threatened to block EU aid to Ukraine unless it swiftly reopens the pipeline.
Volodymyr Zelensky says restoring the flow of Russian oil via Ukraine into the EU would be like lifting sanctions on Russia.
Oil and gas prices have surged due to the US-Israel war in Iran, with fears over the cost of living.
Global oil markets are on edge as the Strait of Hormuz, a vital shipping lane, faces closure due to ongoing conflict. Analysts warn of soaring fuel prices, potentially reaching $150 a barrel, impacting transportation costs and leading to higher prices for consumers. This instability could also pressure the US economy, increasing inflation and recession risks.
If costs stay high for the next three months, US owner Peter Huntsman says he will close the site on Teesside The American owner of one of Britain’s last major chemicals plants has said he will close the site if energy prices remain at their current levels for the next three months. Peter Huntsman, whose family built Huntsman Corporation into a global chemicals empire, said the recent jump in gas prices fuelled by the Iran conflict was “another nail in the coffin” for European heavy industry. Continue reading...
A freight firm has introduced its first electric truck in Shetland to make use of the abundance of renewable energy the isles are set to produce.
Thailand should brace for a prolonged period of energy volatility and intensifying geopolitical rivalry as conflicts in the Middle East threaten to disrupt global oil supplies, experts warn.
No country is unscathed in the energy crisis triggered by US, Israeli assault on Iran.
In comments to NBC News, US presidents also deflates hope of deal with Tehran, saying ‘terms aren’t good enough’ Middle East crisis – live updates Donald Trump said on Saturday that the United States may carry out more strikes on Iran’s Kharg Island oil export hub “just for fun”, saying that while Tehran appears ready to make a deal to end the conflict, “the terms aren’t good enough yet”. He said the US strikes had “totally demolished” most of Kharg Island, telling NBC News that “we may hit it a few more times just for fun.” Continue reading...
What do rising crude oil prices spell for India’s GDP growth, inflation, current account deficit, rupee, and fiscal deficit? Economists say that the answer lies in the length of the war.
Thai officials have held talks with a leading US liquefied natural gas (LNG) producer to increase supply to Thailand and accelerate delivery schedules, in a move aimed at mitigating potential energy disruptions stemming from tensions in the Middle East.
United States President Donald Trump said American forces carried out “the most powerful bombing raid” on Iran’s Kharg Island, claiming that American forces “totally obliterated” military targets there while choosing not to destroy the island’s oil infrastructure. Any disruption at Kharg Island can significantly affect global oil supply routes, making it a critical node for global energy security and oil market stability.
The war is deeply unpopular, and the spike in oil prices will mean long-term high prices across the board for Americans Donald Trump is still high on the capture of Nicolás Maduro . The easy abduction of the Venezuelan president didn’t just grant Trump control of the nation’s oil and critical minerals resources. It allowed him to throttle the government of Cuba by denying it access to energy, raising the tantalizing prospect that he might bring down a communist regime that has annoyed Washington since 1959. Trump is confident that his joint venture with Israel in Iran will do just as well. The barrage of Iranian missiles and drones aimed at Israel and Iran’s Arab neighbors has done nothing to change Trump’s mind that he can win, regardless of how he defines “winning”. Continue reading...
Iran has strategically prepared to leverage the Strait of Hormuz, employing asymmetric warfare with drones and missiles to disrupt global oil flows. This approach, learned from past conflicts, aims to inflict economic pain and pressure the US, rather than engage in direct confrontation. The strategy focuses on survival and demonstrating that coercion cannot force compliance.
The World Health Organization warns the black rain resulting from attacks on oil facilities is a "danger for the population"
Energy leaders gathered in Lusaka this week for a high-level Southern African Power Pool meeting, emphasising regional cooperation, stronger transmission networks, and investment in renewable energy to meet rising electricity demand
The Dow Jones Industrial Average ended lower on March 13, 2026, closing at 46,558.47 after shedding 119.38 points or 0.26%, as persistent geopolitical tensions from the U.S.-Iran war continued to push oil prices higher and weigh on investor sentiment.
Iran's foreign minister Araghchi slammed the US for pressuring India to stop Russian oil imports, only to now "beg" for such purchases. He also criticized Europe's stance on the Ukraine conflict. Meanwhile, Iran assured safe passage for Indian vessels through the Strait of Hormuz, highlighting strong India-Iran ties and shared interests amidst regional tensions.
Frugal Germans are crossing into Poland to buy petrol as pump prices rise as a result of Iran choking off global oil supplies in retaliation for US-Israeli strikes.
As the U.S.-Israel war with Iran enters its 14th day, oil prices surge past $100 a barrel, Trump strikes Iran's Kharg Island oil hub, and Iran's new supreme leader vows to keep the Strait of Hormuz closed. Here's everything you need to know.
Donald Trump celebrated as he claimed the US 'obliterated' Iran's Kharg Island, as Tehran furiously threatened revenge if he went after the island's oil infrastructure.
President Trump said on Friday the U.S. military had "totally obliterated" military targets in Kharg Island, home to the primary terminal that handles Iran's oil exports. This as all six crew members on a refueling plane that went down in western Iraq were confirmed dead.
Rachel Reeves says the Treasury is also looking at "different options" to help households most vulnerable to soaring energy bills.
SłUBICE (POLAND) - Frugal Germans are crossing into Poland to buy petrol as pump prices rise as a result of Iran choking off global oil supplies in retaliation for US-Israeli strikes.
About 90 percent of the country’s oil exports move through facilities on Kharg Island, located some 15 miles from the mainland in the Persian Gulf.
President Trump is asserting executive authority to demand California restart controversial offshore oil drilling along its coastline amid soaring gas prices during the war with Iran. Gov. Gavin Newsom quickly pledged legal action against the effort.
Two crude oil tankers have successfully navigated the Strait of Hormuz, heading towards Indian ports. This offers some relief to energy supplies. Several tankers carrying Russian oil are also rerouting to India. Shipping operations in the Gulf remain challenging, with increased costs due to diversions and higher insurance premiums.
From the daily newsletter: the Administration can’t get its story straight on the Iran war, while an oil crisis threatens to upend the global economy.
Scientists release a new climate change study.
India is temporarily reviving kerosene and coal for cooking as Middle East disruptions strain LPG supply chains. The nation is vulnerable due to significant energy imports transiting the Strait of Hormuz, forcing commercial users to switch to alternate fuels while new LPG cargoes are arranged.
Ukraine's President Zelenskyy criticized a US decision to temporarily ease sanctions on Russian oil, warning it could provide Moscow billions for the war and undermine peace efforts. French President Macron echoed concerns, stating Russia is mistaken if it believes the Middle East conflict offers respite. The US claims the waiver aims to stabilize global energy markets.
German chancellor says decision is wrong and that pressure on Putin over Ukraine war should be increased Middle East crisis – live updates European countries have pushed back against Donald Trump’s decision to ease some US sanctions on Russian oil amid Iran’s blockade of the strait of Hormuz, insisting the international community should maintain pressure on Moscow over its war against Ukraine. The UK has joined Germany, France and Norway in rejecting the move, with the foreign secretary, Yvette Cooper, decrying what she said was Russia and Iran’s attempt to “hijack the global economy”. Continue reading...
Many countries in East Asia rely heavily on oil and gas supplies from the Middle East, most of which flow through the Strait of Hormuz.
High-energy lasers are emerging as a cost-effective defense against drones and missiles, with costs as low as $3.50 per shot compared to millions for missile interceptors. Despite decades of development and some deployments, challenges remain in scaling the technology for widespread military use due to environmental limitations and production hurdles.
A lawsuit challenging an EPA policy on biofuel-blending mandates is moot — but could be challenged later — the D.C. Circuit Court ruled.
Defense secretary’s comments come as Iran war chokes global oil supplies; military chief says US is targeting Iran’s mine-laying capabilities What is the strait of Hormuz and can the US stop Iran from blocking it? Sign up for the Breaking News US email Both Pete Hegseth and Dan Caine were asked today about energy secretary Chris Wright’s comments to CNBC on Thursday, where he said that the US Navy cannot escort ships through the strait of Hormuz now but it was “quite likely” that could happen by the end of the month. Gen Caine appeared to agree with Wright’s assessment, calling the waterway a “tactically complex environment” . Continue reading...
Donald Trump is being hit with backlash for lifting Russian oil sanctions in the fallout of his war on Iran as he tries to lower gas prices for Americans.
Countries around the world are grappling with skyrocketing costs for key commodities like oil and fertilizer as the war with Iran continues to upend global trade.
Global oil markets are reeling from Middle East tensions, with the Strait of Hormuz facing disruptions. Nations like India are securing Russian crude, while the US and other IEA members release emergency reserves. China eyes its reserves and Russia, as countries worldwide implement measures to stabilize prices and ensure supply.
US envoy Sergio Gor voiced grave concerns over escalating tensions at the Strait of Hormuz, warning of potential global oil supply disruptions. He highlighted Iran's actions targeting commercial vessels, including those with Indian casualties, and stressed India's crucial role in maintaining stable oil prices.
Closure of the Strait of Hormuz could strangle the flow of materials and minerals needed to make batteries, cleaners and fertilizers.
President Trump has temporarily lifted oil sanctions against Russia as part of a desperate effort to stave off an energy crisis created by the war with Iran.
To pass the ‘climate reality check,’ a movie must depict climate change in some way, and a character in the story must recognize it. The post Almost a third of 2026 Oscar-nominated films acknowledge climate change appeared first on Yale Climate Connections.
The cost of Malaysia’s subsidies for fuel at the pump is projected to rise by more than four times in the short term, the government has said, as it rushed to assure the public the country’s energy supply will not be disrupted even as the Iran war chokes global oil and gas shipments. Fear of an energy crisis has engulfed much of Southeast Asia since the US and Israel launched air strikes on Iran on February 28, pushing Tehran to close the Strait of Hormuz – a vital waterway that handles about a...
[Vanguard] There is anxiety that Nigerians may continue to pay more for Premium Motor Spirit, PMS, also known as petrol alongside Automotive Gas Oil, called diesel as the price of crude oil rose to above $100 per barrel, yesterday.
The Trump administration doubled down on efforts to prevent the rising cost of oil becoming a full blown oil price shock by relaxing Russian sanctions
This is a familiar pattern. International financial institutions socialise risk and privatise profit, while invoking development rhetoric to justify fossil fuel expansion in the Global South. Similar projects would be politically untenable in the Global North
Following a meeting with the government, France's biggest oil company has announced a new price cap at fuel pumps through to the end of March.
Spiking oil prices may reveal how China has been more successful in electrifying its economy and reducing dependence on fossil fuels than the United States.
Zero GDP growth in January will not help Rachel Reeves claim she has put UK in position to weather oil price storm Business live – latest updates UK economy unexpectedly flatlined in January, ONS data shows Even before Donald Trump’s Operation Epic Fury on Iran unleashed higher oil prices, threatening the outlook for growth and inflation, the UK economy was flatlining. That’s the bleak message in the latest data from the Office for National Statistics (ONS), which showed zero GDP growth in January. Continue reading...
Experts warn the US may struggle to end the Iran war as Tehran prepares for a long fight, while Trump says rising oil prices mean America profits from the conflict.
The United States issued a 30-day licence for countries to buy Russian oil and petroleum products currently stranded at sea in what Treasury Secretary Scott Bessent said was a step to stabilize global energy markets roiled by the Iran war.
As conflict in the Middle East pushes oil beyond US$100 per barrel, Angola and other African producers are in line to be among the main beneficiaries. On Thursday, following renewed tanker attacks, Brent crude oil prices surged back past US$100 a barrel, having reached a peak of US$119.50 on Monday, the highest level since 2022. The closure of the Strait of Hormuz, a key maritime chokepoint through which about 20 million barrels of oil and petroleum products flow daily, has crippled energy...
Analysts are lifting their oil price estimates for this year and 2027 amid transport disruption in the Middle East, even though the potential release of reserves by the G7 and the Organisation for Economic Co-operation and Development (OECD) could help temporarily alleviate supply pressures.
Japan, South Korea and Southeast Asian countries are some of the most exposed to shortages of oil and gas as fighting slows tanker traffic through the Strait of Hormuz to a near-standstill.
PTG Energy Plc, the operator of PT petrol stations, has announced plans to expand its refined oil reserves in line with a government directive aimed at safeguarding national energy security during the ongoing US-Iran conflict.
A 30-day US licence lets Russia sell 128 million previously stranded oil barrels.
The move is likely to be a boon to Russia as the United States tries to stem the economic fallout from its war on Iran as the price of crude has soared.
Despite escalating Iran vs US-Israel war, HSBC reaffirms strong confidence in GCC economies, signalling global banks are not retreating. The region's diversified economies, fiscal strength and strategic location continue to attract capital, even as markets grapple with conflict-driven volatility and energy price surges. Financial hubs like Dubai and Abu Dhabi are expanding, underscoring long-term appeal.
Environmental justice organisations have launched a high court challenge against Eskom’s proposed Nuclear-1 power station, arguing that the 2017 environmental authorisation, upheld by Dion George in 2025, breached South Africa’s environmental laws
Amid escalating Iran conflict and rising oil prices, the Trump administration is considering a temporary waiver of the Jones Act. This maritime law requires US ships for domestic transport. The move aims to ensure free flow of vital energy and agricultural products to US ports by allowing foreign-flagged ships to operate domestically.
The Strait of Hormuz, a critical energy route, is effectively blocked due to the escalating US-Israeli war on Iran, halting tankers traffic and forcing oil producers to cut the oil output. Damaged infrastructure and blocked shipping lanes are causing global supply shocks, leading to surging energy prices and economic strain worldwide.
President Donald Trump said that US gains from higher oil prices. However, his main focus is stopping Iran from obtaining nuclear weapons. He described Iran as an "evil empire" whose nuclear ambitions threaten global stability. The conflict with Iran has entered its thirteenth day. The US has reportedly spent over $11.
Lok Sabha witnessed a heated exchange as Rahul Gandhi's speech on the energy crisis was cut short by Speaker Om Birla. Gandhi was questioned for targeting Oil Minister Hardeep Singh Puri and deviating from the stated notice regarding gas shortages. The opposition had previously accused the Chair of limiting Gandhi's speaking time.
Australia’s science agency is cutting more than 100 jobs in its Environment Research Unit, which critics say will crush our capacity to predict climate change.
Venezuela's effort to revive its oil industry faces a critical obstacle: a shortage of skilled workers after decades of economic collapse and political turmoil drove thousands of engineers, geologists and technicians abroad, a new report details.
Oil prices have jumped above US$100 a barrel after 13 days of conflict.
The fallout from fighting in the Middle East, from burning oil refineries to sunken ships, threatens lasting repercussions for the health of the region's people, water and food supplies, and ecosystems.
Attacks by Iran have already nearly halted the flow of oil through the vital waterway as commercial ship crews fear being hit by missiles, drones or mines.
Open access notables Weather Rescue at Sea: Recovering Historical Weather Observations From 19th Century British Naval Ships , Teleti et al., Geoscience Data Journal Ship logbooks represent a critical source of historical meteorological data, providing valuable observations of barometric pressure, air temperature, sea surface temperature, wind force and direction, and other variables. Substantial quantities of these records are unavailable to climate science as they have not yet been transcribed. We present ‘Weather Rescue at Sea’, a citizen-science project which transcribed millions of weather observations contained in 19th Century UK Royal Navy ship logbooks. We describe the logbook structure and weather observation-taking instructions and...
Glacial ice melting out of Alaska’s eroding coastline offers a glimpse into a lost climate history
Dmitriev said U.S. officials were “beginning to better understand” the importance of Russian oil and gas in global markets.
An oil spill in the St. Clair River from Suncor Energy’s refinery in Sarnia, Ont., Wednesday evening has been 'contained,' the company says.
Countries around the world are feeling the impact of the conflict and the resulting energy price shock.