Keywords: Energy
The disruption of Russian gas supplies to Europe and growing uncertainty over energy flows through the Strait of Hormuz have delivered a major shock to the global economy, International Energy Agency (IEA) Executive Director Fatih Birol said on Friday. Speaking to journalists in Istanbul during the......
Morocco is taking a new step toward expanding its renewable energy capacity, with an international consortium led by offshore energy consultancy OWC commissioned to conduct a comprehensive feasibility study for the country’s first offshore wind farm. The assignment, commissioned by the European......
Germany recorded another increase in major corporate bankruptcies during the first half of 2026, highlighting the continued financial and operational pressures facing Europe’s largest economy. According to a study by credit insurer Allianz Trade, 33 German companies with annual revenues of at......
Initial shipping data indicates that commercial traffic through the Strait of Hormuz remains significantly below normal levels amid heightened tensions and renewed fighting between the United States and Iran. Four commodity-carrying vessels crossed the strategic waterway on Thursday, down from nine......
Ukrainian attacks targeting Russian energy infrastructure are adding pressure to global energy markets, according to comments by U.S. Treasury Secretary Scott Bessent. The attacks have increasingly focused on facilities linked to Russia’s oil and energy sector, raising concerns about potential......
Brazil’s Senate has approved a landmark bill establishing a regulatory framework for the exploration and development of rare earth elements and other critical minerals, in a move aimed at making greater use of the country’s substantial mineral resources. The legislation follows its approval......
U.S. President Donald Trump has warned that Britain could be heading toward a “disaster,” voicing strong concerns over rising energy costs, the country’s net-zero policies and the impact of uncontrolled migration on British society and national identity. Trump said he remains fond......
Europe could be heading toward a challenging winter as energy prices rise sharply while gas storage levels remain below what is normally expected ahead of the high-demand season, according to Bloomberg analysis. European policymakers are facing growing concerns over the region’s ability to absorb......
U.S. President Donald Trump has said oil shipments passing through the Strait of Hormuz have almost recovered to the levels recorded before the latest escalation with Iran, pointing to a significant improvement in commercial traffic through the strategically important waterway. In a post on his Truth......
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