IEA urges demand-side measures to ease energy crisis from Iran war
The escalating energy crisis from the Iran war can be eased with a range of demand-side measures spanning transportation, cooking and industrial production
Historic oil, gas price spike amid attacks on Gulf production sites
European gas prices skyrocketed more than 30% and Brent oil rallied almost to a four-year high as production facilities in the Gulf are increasingly targeted
Oil seen at USD 190 per barrel by May if Hormuz isn’t reopened – analysis
As much as USD 3.5 trillion of global GDP is at risk in case of a prolonged Hormuz closure, which would also imply an oil price spike, SolAbility found
Von der Leyen: EU considering natural gas price cap to curb electricity prices
These measures have gained renewed urgency as natural gas prices have skyrocketed due to the conflict between US and Israel on one side and Iran on the other
Governments in Southeastern Europe launch measures to contain fuel price surge
In light of the Iran war, several Balkan countries have moved to ease the jump in fuel prices
Threat of mass exodus as desalination plants targeted in Gulf countries, Iran
The Iran war could heavily disrupt the water supply in the region, and desalination plants in particular, alongside environmental disasters
Panic in fossil fuel markets as oil, gas prices spike 30% amid Iran war
Oil and gas prices skyrocketed at the start of trading, over fears of a prolonged supply disruption from the attack by the United States and Israel on Iran
US landing LNG deals to supply Central and Eastern Europe, Balkans
A group of European and Balkan countries agreed with the US to enhance gas supply, primarily by purchasing its LNG