Oil Surges Nearly 7% as Trump Signals Continued U.S. Strikes on Iran, Stirring Global Supply Fears

Global oil markets jolted sharply on Thursday after Donald Trump signaled that the United States would continue its military operations against Iran, without offering a clear timeline for when the … Read More

US Fed chief says energy shock manageable for now but warns inflation risks could grow

The head of the US central bank, Jerome Powell, said the economic impact of the recent surge in energy prices appears manageable for now. However, he cautioned that the situation … Read More

Back to WFH? Asia Revisits Covid-Era Playbook Amid Fuel Crisis

Countries across Asia are dusting off strategies from the Covid-19 era, including work-from-home policies and targeted stimulus measures, as they face rising fuel shortages triggered by the ongoing Iran war. … Read More

Israel Strikes Tehran as Diplomatic Pressure Mounts and Global Hopes Rise for a Possible War Deal

The conflict in the Middle East intensified today as Israel launched major strikes on Iran’s capital, Tehran, according to statements from Israeli military officials and Iranian media outlets. The escalation … Read More

Iraq’s Pro-Iran Group Announces Five-Day Pause on US Embassy Attacks as Regional Tensions Intensify

powerful pro-Iran armed group in Iraq has announced a temporary five-day halt to attacks targeting the United States Embassy in Baghdad, offering a brief window of calm amid rising tensions … Read More

Sri Lanka Urges EV Owners to Rethink Charging Habits Amid Growing Energy Strain

Sri Lanka has issued a clear and urgent message to electric vehicle owners: rethink when you charge your cars. The government is encouraging drivers to shift their charging routines from … Read More

Trump Delays China Summit as Middle East Conflict Takes Priority at Home

In a move that underscores the urgency of unfolding global events, U.S. President Donald Trump has requested China to delay his highly anticipated summit with Xi Jinping. The decision comes … Read More

UN Climate Chief Warns Iran Conflict Highlights Risks of Fossil Fuel Dependence

The recent conflict in Iran has become a stark reminder of the dangers tied to the world’s reliance on fossil fuels. Simon Stiell, Executive Secretary of the UN climate change … Read More

Disturbance Hits Submarine Power Link Between Finland and Sweden

A technical disturbance has struck the Fenno-Skan 2 power connection, the crucial electricity link between Finland and Sweden, Finnish grid operator Fingrid confirmed on Tuesday. “The cause of the failure … Read More

US Urges India to Buy Russian Oil at Sea Amid Global Supply Concerns

In a move aimed at stabilising global oil markets, the United States has encouraged India to purchase Russian crude already floating at sea and redirect it to Indian refineries. Energy … Read More