Europeans want more renewables, even if it increases energy bills – POLITICO
EU officials have seized on the crisis to reinforce a case they have been making since Russia’s invasion…
Current oil, gas crisis worse than 1973, 1979, 2022 together: IEA chief
The blockade of the Strait of Hormuz has triggered an oil and gas crisis that is “more serious…
Mideast war carries ‘serious risk’ for African economies: Report
The Middle East war “presents a serious risk to Africa,” the African Union (AU) and the African Development…
4 Italian airports face jet fuel restrictions – POLITICO
Four Italian airports are being warned that they may face jet fuel restrictions amid limited supplies from a…
‘Bridges next, then Electric Power Plants!’ Trump threatens Iran’s civilian infrastructure – POLITICO
Earlier Thursday, Trump posted a video of a bridge being destroyed in an airstrike, captioning his post, “the…
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…
US pump prices hit $4 a gallon as Iran war wreaks havoc on global energy supply
By Nicole Jao and Noel John NEW YORK, March 30 (Reuters) – U.S. average gasoline prices rose above…
Oil prices rise, stocks mixed on Iran war uncertainty
Jerome Powel said Federal Reserve officials feel monetary policy is in a ‘good place’ (Brendan SMIALOWSKI) · Brendan…
German inflation soars to 2.7% in March as Iran war drives up prices
A woman reaches for peppers labeled “6 euros/kg” at a market stall. Jennifer Brückner/dpa German inflation soared to…
France to spend €70M on fuel subsidies for farmers, trucks and fishermen in April – POLITICO
PARIS — The French government will spend €70 million to subsidize the price of fuel for farmers, logistics…
Gold Falls 15% as Central Banks Reassess $4.3 Trillion Reserves
This article first appeared on GuruFocus. Gold’s (GLD) role as a reliable safe haven is being questioned as…
Philippine president declares state of emergency due to “danger of a critically low energy supply”
Philippine President Ferdinand Marcos Jr. on Tuesday declared a state of national energy emergency to respond to the…