Renewables cushion Europe power prices despite Iran conflict shock

European electricity markets are proving more resilient than expected to the Middle East energy crisis, as rapid expansion in wind and solar generation limits the impact of surging gas prices, according to a Bloomberg analysis. Gas prices in Europe have risen by more than 50 percent since late February, when the United States and Israel launched......

Spain approves release of oil reserves to ease supply disruptions

The government of Spain has approved the release of up to 11.5 million barrels of oil from its strategic reserves in response to ongoing supply disruptions affecting global energy markets. The decision comes amid concerns over reduced oil flows linked to the partial closure of the Strait of Hormuz, a key route for international energy shipments.......

Salesforce launches record 25 billion dollar share buyback

Salesforce announced the largest accelerated share repurchase ever executed by a company, committing 25 billion dollars to buy back its own stock as part of a broader 50 billion dollar repurchase program approved earlier this year. The company said it paid the 25 billion dollars to a consortium of major banks and received an initial delivery......

UN climate chief warns fossil fuel dependence threatens Europe’s security

The head of the United Nations climate body warned that Europe’s reliance on imported fossil fuels undermines the continent’s security and economic stability, urging policymakers to accelerate the shift toward renewable energy. Simon Stiell, executive secretary of the United Nations Framework Convention on Climate Change, delivered......

Morocco–Spain tunnel project: New momentum for the future Africa–Europe corridor

The long-discussed project to connect Morocco and Spain through a tunnel beneath the Strait of Gibraltar has once again returned to the center of international attention, as new developments suggest renewed political and financial interest in advancing the ambitious infrastructure plan. Spanish authorities have recently approved additional......

Hajar Bouzaidi breaks barriers in Morocco's diving world

At 36, Hajar Bouzaidi has become a landmark figure in Moroccan sport after earning the country’s first two-star female diving instructor certification. The diver from Tetouan reached a depth of 62 meters, a performance validated by the Royal Moroccan Federation of Diving and Underwater Activities, and one that places her at the center......

Spain condemns violence in Lebanon and urges immediate de-escalation

Spain has strongly criticized the recent surge of violence in Lebanon, describing the situation as unacceptable and urging all sides involved in the conflict to immediately stop hostilities. Spanish Foreign Minister José Manuel Albares expressed concern about the humanitarian impact of the conflict, stating that the Lebanese population......

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