Live

ENERGY CRISIS

Latest Headlines

More Stories

POLITICS

Oil giants defy US pressure to boost production to ease fuel crisis 

Senior executives from ExxonMobil and Chevron have openly defied the ongoing pressure from the White House to increase oil production despite soaring prices and political pressure. 

Fuel

ECONOMY

'Iran calls the shots': Mearsheimer says US Navy powerless to control Strait of Hormuz

A top US political scientist has delivered a stark assessment of US military limitations, saying Washington is unable to guarantee the security of the Strait of Hormuz.

us-strait of hormuz

ECONOMY

How closure of Strait of Hormuz over US-Israeli war on Iran could trigger energy catastrophe

US-Israeli aggression against Iran has triggered global energy shocks, market turbulence, and inflation, threatening the closure of the Strait of Hormuz, long-term supply chain disruption and economic instability.

strait-hormuz-energy

NEWS BULLETIN

Concerns mounting over new energy crisis in EU as Russian gas transit via Ukraine ends

As the agreement allowing Russian gas transit through Ukraine to Europe expires on Tuesday, concerns are mounting over new energy crisis in EU.

IN-DEPTH

Pakistan determined to complete Iran gas pipeline project

The government of Pakistan is determined to complete a multibillion dollar gas transmission project with Iran despite US opposition and threats of sanctions.

Pak-Iran Gas Pipeline

POLITICS

Cost-of-living crisis: UK households face worse winter amid rising energy bills

Energy regulator Ofgem has increased the maximum price suppliers can charge for a typical household’s annual gas and electricity use.

-

IN-DEPTH

Germany reclaims ‘Sick Man of Europe’ title

Germany, with its struggling economy, could once again be called the ‘Sick Man of Europe’ if structural issues are not addressed immediately.

Germany Sick Man of EU