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…
European airlines will fail if jet fuel costs stay high, Ryanair CEO says – POLITICO
Airlines are already feeling the squeeze. Lufthansa said last Tuesday it would cut 20,000 short-haul flights through October…
Iran war’s global energy crisis sharpens China’s advantage in clean tech
HONG KONG — China is poised to benefit from the Iran war as global energy disruptions accelerate a…
Moving from Energy Crisis to Energy Security with Renewables
New IRENA policy advisory shows strategic role of renewables for energy security and resilience; recommends actions for policy…
North Sea Crude Soars to Record High as Hormuz Shock Rips Through Spot Markets
Brent futures may have sunk below $100 per barrel after the U.S.-Iran ceasefire was announced, but constraints are…
Brussels backs windfall tax on big firms to ease pain from energy crisis – POLITICO
This wouldn’t be the first time that EU capitals have raided the profits of energy companies to ease…
Iran chides ‘caveman’ Trump over strong language on social media – POLITICO
Iran’s Embassy in Thailand suggested the president needed to watch his “language,” while Tehran’s Embassy in Austria wrote, “When you…
Serbia says explosive found near pipeline to Hungary, days before crucial election – POLITICO
Hungary’s Foreign Minister Péter Szijjártó said “someone tried to blow up the TurkStream pipeline,” which conveys Russian natural…
Oil Rally Accelerates as Traders Price in Real Supply Disruption
May WTI crude oil surged sharply in the holiday-shortened week ending April 3, settling at $111.54, up $11.90…
US futures tick lower with US and European markets closed for Good Friday
U.S. futures were trading modestly lower early Friday following surprisingly strong jobs data from the federal government. Equities…
Wall Street drops again to close its 5th straight losing week and its worst since the Iran war
NEW YORK (AP) — U.S. stocks deepened their drops Friday as Wall Street finished off a fifth straight…
Top Putin ally predicts Europe and Britain will ‘beg’ for Russian energy – POLITICO
He also claimed the West had “shot itself in the foot” by cutting reliance on Russian energy after…