Even with Hormuz reopened, jet fuel supplies won’t recover for months, IATA warns
The head of the International Air Transport Association (IATA), Willie Walsh, stated on Wednesday that it would take months for jet fuel supply to...
Macron: Over 15 countries plan to secure Strait of Hormuz access
French President Emmanuel Macron announced that about 15 countries are working together to resume traffic through the Strait of Hormuz, where a fifth of...
Kremlin Says the World Is Lining Up for Russian Energy
The Kremlin announced that there is a large demand for Russian energy amid a severe global energy crisis affecting oil and gas markets. The...
Oil Rises as Hormuz Shuts, Iran Strikes Intensify, Trump Deadline Looms
Oil prices increased on Tuesday as a deadline from U. S. President Donald Trump approached, demanding Iran reopen the Strait of Hormuz or face...
Global Energy Shock Deepens as IEA Warns of Crisis Beyond Historical Precedents
Unprecedented Disruption in Global Energy Supply
The head of the International Energy Agency, Fatih Birol, has framed the current oil and gas crisis as more...
Kremlin Points Finger at Ukraine Over Explosives Found Near Gas Pipeline to Hungary
The Kremlin stated on Monday that while there is no conclusive evidence, it is highly likely that proof will emerge showing Ukraine planted explosives...
Explosives found near critical Serbia–Hungary gas pipeline
Explosives described as having "devastating power" were discovered near the Turkstream pipeline in Serbia, which transports Russian gas to Hungary and other regions, according...
Five EU nations urge windfall tax on energy giants
Five European Union countries—Germany, Italy, Spain, Portugal, and Austria—are urging the introduction of a windfall tax on energy companies' profits due to rising fuel...
Global Helium Supply Disrupted by Iran War
The ongoing conflict involving Iran has begun to affect not only energy markets but also the global supply of helium, a critical yet often...
Energy Shock Reorders Alliances: India Turns Back to Russia
The Iran war is rapidly redrawing global energy and diplomatic alignments, and India’s renewed outreach to Russia is one of the clearest signs of...