Keywords: Global energy
Two months after the outbreak of war in Iran, a global energy shock is forcing millions of households in Africa and South Asia to abandon cleaner cooking fuels and return to charcoal and firewood. The surge in fuel prices has disrupted access to liquefied petroleum gas and other modern energy sources,......
Governments across dozens of countries are deploying emergency policies to shield households and businesses from a widening energy crisis triggered by the war involving the United States, Israel, and Iran. The disruption has been amplified by the closure of the Strait of Hormuz, which has removed roughly......
International Energy Agency reported that solar power became the largest contributor to global energy supply growth in 2025, marking the first time a modern renewable source has led expansion in primary energy demand. Solar accounted for more than 25 percent of the increase in global energy consumption,......
Global economic risks are intensifying as energy prices climb and geopolitical tensions persist between the United States and Iran. Seven weeks into the conflict, policymakers and economists warn of mounting stagflation pressures, driven by rising costs, slowing growth, and constrained monetary policy.......
The war in Iran, now in its seventh week, has disrupted roughly 20 percent of global oil supply passing through the Strait of Hormuz and pushed energy prices to levels not seen since 2022. Yet the crisis is also accelerating a structural shift toward renewable energy, with analysts saying the transition......
The war in Iran and disruptions to oil and gas flows through the Strait of Hormuz are reshaping global energy markets, with China positioned to benefit most. In a Substack post published on April 13, Paul Krugman warned that rising geopolitical tensions are pushing energy-dependent economies away from......
South Korea is nearing an agreement to secure crude oil supplies from Kazakhstan, as part of its strategy to diversify energy sources amid ongoing instability in the Middle East. According to the country’s industry minister, negotiations have made significant progress, with details regarding volumes......
India’s National Stock Exchange of India has announced plans to introduce new crude oil futures contracts based on international price benchmarks, in collaboration with S&P Global Energy. The initiative aims to strengthen the country’s commodity derivatives market and improve access for......
The closure of the Strait of Hormuz has escalated into one of the most severe energy crises in decades, cutting off around 20 percent of global oil supply and sending shockwaves through food and industrial supply chains. As the conflict between the United States and Iran enters its fourth week, the scale......
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