Why wind and solar power is going to ‘waste’ in China in the global energy crisis
The “wasted” wind and solar energy stems from inflexible grid management that continues to rely on coal for…
Britain’s Borrowing Outlook Darkens as Energy Shock Deepens
Chancellor Rachel Reeves has been warned that government borrowing is set to spike as a result of the…
OECD warns of global slowdown as Iran war stymies growth prospects
The Organisation for Economic Cooperation and Development has slashed its global growth outlook, warning that the economic damage…
Hormuz Disruptions Threatening Global Economic Stability
The heads of four of the world’s top economic and energy institutions issued a rare joint warning Friday,…
Plummeting gold price impacts Australian dollar as Iran war pushes it into bear market
Gold is in a bear market after an enormous surge in the price of the precious metal to…
Headline inflation eases to 4.2 per cent in April as fuel prices fall
Headline inflation decelerated in April, with consumer prices increasing at an annual pace of 4.2 per cent, down…
Commentary: Strait of Hormuz disruptions create a ‘fossil premium’ for consumers
This reflects a broader shift in how clean energy is now being perceived. Renewable energy and electrification are…
Iran says ‘there is no toll’ on the Strait of Hormuz but warns another payment will be required
Responding directly to a question from the ABC, an Iranian official says while “there is no toll” on…
EU weighs limited fiscal flexibility on energy after Meloni push
Published on 22/05/2026 – 13:58 GMT+2 The European Union is considering the use of “existing flexibilities” within its…
Recession warning? Eurozone activity hits lowest level in over two and a half years due to Iran war
Europe’s economy is buckling under the weight of the war in Iran. ADVERTISEMENT ADVERTISEMENT The latest purchasing managers’…
Hormuz Closure Could Send Oil to $200 and Trigger Global Recession, Wood Mackenzie Warns
A prolonged closure of the Strait of Hormuz could become the most severe global energy supply shock in…
Vietnam’s US$5 billion Apec island is running out of time
Ahead of next year’s Apec summit, Vietnam has a grand plan to transform Phu Quoc, its largest island,…