Top ECB official warns oil shock may force interest rate hikes – POLITICO
Determined not to repeat the mistakes of 2022, Demarco said policymakers must stop higher energy costs from feeding…
NATO backs renewables as solution to energy security, despite US skepticism – POLITICO
“By diversifying the energy sources, and routes, on which our Alliance depends — including through use of alternative…
Iran war pushes Portugal to halve fossil fuel use over next 10 years – POLITICO
While this target has been in the works for a while, the center-right government has accelerated its planning…
Europe doesn’t know how much fuel it has – POLITICO
Europe’s gas stocks, for a start, were already low before the attack on Iran, averaging under 30 percent…
Asia’s great disconnect: Markets boom as Iran war fuels cost of living crisis
Markets in Tokyo and Seoul have hit record highs, while in Manila jeepney drivers went on strike last month to protest surging fuel…
France freezes €6B spending this year because of Middle East crisis – POLITICO
Finance Minister Roland Lescure was quick to insist that the freeze would not inevitably lead to spending cuts,…
What the world needs to know about the real stakes of the energy crisis – POLITICO
“[The] damage to household finances this year is to a large degree already done,” said James Smith, chief economist at…
Irish government loses key rural voice in surprise resignation amid fuel-price fury – POLITICO
Rising to his feet from the government benches, Healy-Rae said he’d spent Monday night talking to aggrieved voters…
Ireland cuts tax on motor fuel as protests grip the country – POLITICO
“It’s beyond comprehension that we were on the precipice of losing oil refining capacity in the country in…
Irish police push back fuel-price protesters blocking country’s only oil refinery – POLITICO
Government leaders welcomed news of the security operation in Whitegate, two days after Justice Minister Jim O’Callaghan ordered…
How bad will Europe’s energy crisis get? – POLITICO
“Markets are now grappling with a scenario long discussed in theory but rarely thought of as a legitimate…
Brussels says Europeans should consider traveling less to avoid energy shortages – POLITICO
That could mean governments asking citizens to drive or fly less to save fuel for more essential purposes,…