Keywords: Fuel shortage
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......
Slovenia has introduced temporary restrictions on fuel purchases as shortages at petrol stations triggered long queues and public concern over supply security. The measures come amid increased demand and logistical challenges affecting distribution across the country. The government, led by Prime Minister......
Cuba has been struck by a second nationwide power outage in less than a week, highlighting the severity of the island’s ongoing energy crisis. Authorities confirmed that the national electricity grid collapsed again on Saturday evening, leaving millions without power. This latest blackout follows......
Goldman Sachs warned that the ongoing conflict involving the United States, Israel and Iran is driving sharper increases in refined fuel prices than in crude oil, even as Brent remains above 100 dollars per barrel amid one of the largest supply disruptions on record. The bank’s commodities team,......
Sri Lanka’s cabinet has authorized emergency spot purchases and issued new tenders for fuel to address a shortfall of over 90,000 metric tons of crude oil, President Anura Kumara Dissanayake announced on Tuesday. The island nation, recovering from a severe financial crisis that peaked in 2022,......
The United Nations warned Tuesday that severe fuel shortages in Cuba are triggering a humanitarian crisis, with the island’s health system nearing a critical point as energy shortages disrupt essential services nationwide. UN spokesperson Stéphane Dujarric said the organization remains......
Cuba is facing its most severe energy crisis in decades, with satellite imagery showing that nighttime lighting across the island has fallen sharply after efforts by the Trump administration to restrict its oil supply. The shortages have plunged large parts of the country into darkness, grounded international......
Russia has launched emergency evacuation flights for thousands of its citizens stranded in Cuba after a severe jet fuel shortage disrupted air traffic to and from the Caribbean island. The crisis has left Cuba without stable fuel supplies since December, intensifying economic and humanitarian pressures......
Two major Russian airlines will evacuate their tourists from Cuba and suspend operations to the island as a severe aviation fuel shortage disrupts the Caribbean nation, Russia’s aviation authority announced Wednesday. Rossiya Airlines, part of the Aeroflot Group, and Nordwind Airlines, also known......
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