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Keywords: Energy


Iran Hormuz restrictions drive copper and silver price surge

Renewed restrictions by Iran in the Strait of Hormuz are intensifying pressure on global commodity markets and accelerating gains in copper and silver prices. The measures follow an escalation in tensions with the United States, including a naval blockade on Iranian ports that took effect on April 13.......

Energy shock from Iran war shifts western orders back to China

The Canton Fair opened in Guangzhou with record scale, bringing together more than 32,000 companies and over 210,000 registered foreign buyers. The event reflects strong global trade interest, yet it unfolds under the shadow of a prolonged conflict involving the United States, Israel, and Iran. The war......

European power prices drop below pre war levels on renewable surge

European electricity prices have fallen below levels seen before the Middle East conflict, driven by a combination of expanding renewable energy output and a sharp decline in natural gas prices. The drop accelerated after Iran announced the reopening of the Strait of Hormuz, easing concerns over energy......

EU ministers set to fast track clean energy shift after fuel shock

European Union foreign ministers are preparing to endorse an accelerated transition toward clean energy in response to the fuel market disruption triggered by the war involving Iran and the closure of the Strait of Hormuz. A draft of the conclusions frames the current crisis as a catalyst to reduce dependence......

Italy sees modest growth in q1 supported by winter olympics, central bank says

Italy’s economy recorded modest growth during the first quarter of 2026, supported in part by increased activity linked to the Milano Cortina 2026 Winter Olympics, according to recent estimates from the Bank of Italy. In its latest economic bulletin, the central bank indicated that gross domestic......

Slovakia challenges EU ban on Russian gas with legal action

Slovakia has announced plans to take legal action against the European Union’s decision to phase out Russian gas imports, marking a new escalation in tensions over the bloc’s energy strategy. Prime Minister Robert Fico confirmed that his government will file a lawsuit before the Court of......

Reliance rejects Iranian oil cargoes as sanctions waiver deadline approaches

India’s largest private refiner, Reliance Industries, has declined to accept two cargoes of Iranian crude oil, citing compliance concerns, as a temporary U.S. sanctions waiver nears its expiration. The decision highlights the increasing pressure on global energy flows amid shifting geopolitical......

European gas prices rise as Iran ceasefire deadline nears

European natural gas prices moved higher on Thursday as markets weighed uncertainty around ongoing diplomatic efforts between the United States and Iran, with a fragile ceasefire set to expire within days. The benchmark Dutch TTF contract climbed about 2 percent on April 16 to roughly 42.24 euros per......

Italy should reconsider nuclear power, says IEA chief

Italy should reconsider its long-standing opposition to nuclear energy in order to strengthen its energy security and improve economic stability, according to the head of the International Energy Agency (IEA). Italy currently has no active nuclear power plants and depends heavily on energy imports,......

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