Keywords: Energy markets
The United Nations Food and Agriculture Organization (FAO) has warned that disruptions to shipping through the Strait of Hormuz, combined with the effects of the El Niño climate phenomenon, could intensify risks facing global agriculture and food security. The two pressures may reinforce each......
The International Monetary Fund (IMF) has warned that the continuation of the war in the Middle East poses a major threat to economic stability across the region and Central Asia, with disruptions to energy production, shipping routes and critical infrastructure weighing on growth prospects. The scale......
At least 10 vessels have reportedly come under attack in or near the Strait of Hormuz since Sunday, marking the highest concentration of incidents since the outbreak of the war involving the United States, Israel and Iran. The attacks have raised fresh concerns about the safety of commercial shipping......
Italian Prime Minister Giorgia Meloni has criticised a reported diesel supply agreement between the United States and Russia, warning that the arrangement could carry significant risks and weaken the impact of international sanctions imposed on Moscow. Speaking on Wednesday, Meloni described the deal......
European natural gas prices rose above $1,000 per 1,000 cubic metres on Tuesday, approaching their highest levels since late 2022 as geopolitical tensions in the Middle East continued to unsettle energy markets. By 3:40 p.m. Moscow time, gas futures on the Dutch Title Transfer Facility (TTF), Europe’s......
The International Energy Agency (IEA) has called on its member countries to consider releasing additional diesel supplies in response to growing concerns over tightening availability and mounting pressure on global energy markets. In a message to member governments ahead of the agency’s governing......
A reported agreement between US President Donald Trump and Russian President Vladimir Putin to facilitate the sale of Russian diesel fuel has triggered a diplomatic dispute with Ukraine, exposing tensions between Washington’s efforts to curb fuel prices and Kyiv’s opposition to measures that......
The International Energy Agency (IEA) has backed efforts to accelerate the release of oil from strategic reserves, with member governments giving priority to diesel supplies as disruptions continue to put pressure on global fuel markets. The decision forms part of a collective emergency response launched......
Oil prices climbed sharply on Thursday after reports that the White House had asked the Pentagon to prepare potential options for strikes against targets in Iran, raising concerns about renewed instability in the Middle East and possible disruptions to global energy supplies. Brent crude, the international......
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