Hedge Funds Pile Into Fuels as U.S. Supply Squeeze Deepens
For the first four months of the war between the United States and Israel and Iran, oil traders…
How the War in Iran Is Redrawing the Global Energy Map
(Bloomberg) — Six months after US-Israeli strikes disrupted Middle Eastern fossil fuel production and turned the Strait of…
NZ Aims to Sign LNG Import Plant Deal Before November Election
(Bloomberg) — New Zealand plans to sign a contract for its first liquefied natural gas import facility before…
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…
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…
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…
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…
EU to prioritize jet fuel supplies in new emergency energy package – POLITICO
Overall, it emphasized an accelerated switch away from fossil fuels and toward clean electricity. “Coordination is key,” the…
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…
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…