Keywords: Energy
European Union energy ministers are scheduled to meet on Tuesday to discuss a coordinated response to disruptions in oil and gas markets caused by the ongoing conflict involving Iran, according to an internal EU briefing. Europe’s heavy dependence on energy imports has exposed it to rising prices......
South Korea is evaluating the possibility of expanding driving restrictions to the general public amid rising global oil prices, officials said on Monday. The measure would aim to manage energy demand as supply strains intensify due to the ongoing U.S.-Israeli conflict with Iran. Finance Minister Koo......
A Russian oil tanker under international sanctions is expected to arrive in Cuba, carrying a significant shipment of crude oil as the island faces a deepening energy crisis. The vessel is reportedly transporting hundreds of thousands of barrels and is heading toward a major Cuban port. Cuba, home to......
The Indian government announced on Sunday a relaxation of petroleum safety and licensing regulations to accelerate the distribution of kerosene to households, responding to global energy supply disruptions caused by the ongoing conflict involving Iran. According to the Ministry of Petroleum and Natural......
Ethiopia has announced the signing of investment agreements worth approximately $13 billion during a major conference aimed at attracting foreign capital into strategic sectors of its economy. The event, held in Addis Ababa, brought together international investors and government officials seeking to......
Rising geopolitical tensions in the Middle East are beginning to ripple far beyond the region, placing new pressure on Morocco’s economy. Although geographically distant, the country remains vulnerable to disruptions in the Strait of Hormuz, a crucial route for global oil trade. The most......
Morocco is stepping up oversight of its fuel market as global energy volatility continues to impact domestic prices. Rising geopolitical tensions in the Middle East have disrupted supply chains and pushed up international oil prices, creating ripple effects across fuel-importing countries. Highly dependent......
One month into the U.S.-Israeli war against Iran, the economic shockwaves of the conflict are spreading well beyond the Middle East, pressing households and industries across three continents. Iran's effective blockade of the Strait of Hormuz, through which roughly one fifth of global oil and liquefied......
The war in Iran, now entering its second month, is sending cascading economic shockwaves across Southeast Asia, where surging energy costs are rapidly translating into food insecurity and social unrest. The United Nations Food and Agriculture Organization warned Thursday that the conflict in the Persian......
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