The Iran War Is Making the Case for Renewable Energy, Experts Argue
The war between the United States, Israel and Iran has triggered the largest disruption to global oil supplies…
Sri Lanka announces four-day work week over fears war will drag
Sri Lanka announced a shorter work week to conserve its scarce fuel reserves as it prepares for a…
New Zealand’s Fin Min says NZ has around 50 days of fuel reserves
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Fuel rationing a chance in Australia if war continues to trim global oil supplies, experts say
If widespread fuel rationing is introduced in Australia, will motorists and businesses be ready? It’s a question experts…
How supply shocks threaten American crops
Farmers are warning President Donald Trump that the closure of the Strait of Hormuz could send fertilizer prices…
Central Banks Scramble as War Drives Up Inflation Expectations
Energy shocks rarely remain confined to energy markets. They propagate through bond markets, fiscal balances and inflation expectations,…
Iraq’s Oil Output Plunges 70% as Gulf Shipping Crisis Deepens
Crude oil production from Iraq’s southern fields has dropped by 70% since the start of the U.S. and…
Calls for a national ethanol mandate to prevent future Iran war-style oil shocks
As the war in Iran intensifies, Australia’s sugar industry says a national ethanol mandate could help shield motorists…
Australians likely to face price hikes amid Middle East war economic uncertainty, treasurer warns
Price hikes for Australians are a likely outcome of the economic uncertainty sparked by the conflict in the…
Dire petrol price prediction for Aussie drivers as Commonwealth Bank warns of economic ‘consequences’
The conflict could put pressure on Aussie households and the RBA to raise rates sooner. (Source: Getty) Renewed…
European gas prices jump by as much as 45% as Qatar stops LNG production
The benchmark European gas price, traded on the Dutch TTF hub, rose by as much as 45% to…
India’s basmati exports to be hit by Strait of Hormuz restrictions? Top 5 leading destinations from Middle East
Shipments to Africa and the Middle East together account for nearly half of India’s total rice exports. (AI…