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…
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…
Lufthansa axes 20,000 ‘unprofitable’ flights to save jet fuel – POLITICO
The airline said the first 120 flights were canceled on Monday. “The medium-term route planning for the coming…
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,…
Airlines cancel flights, ground planes as jet fuel shock hits Europe – POLITICO
The German group also cited rising costs linked to recent strikes, which on Wednesday overshadowed the airline’s 100th anniversary…
Trump fails to calm fears about war’s economic toll
The reaction: Oil prices surged after Trump started speaking, with Brent crude climbing to nearly $110 a barrel…
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,…
What the EU can — and can’t — learn from Spain’s low energy bills – POLITICO
“When gas only drives your electricity price 15 percent of the time, a sudden 50 percent-plus spike in…
Fossil fuels? No thanks. Why Trump’s Iran war is pushing EU toward renewables. – POLITICO
“Becoming independent of oil and gas is one of the key issues, as is once again evident with…
Trump Iran war goes on, oil prices keep going up
Past energy shocks have plunged the country into economic turmoil. OPEC’s oil embargo in 1973 and the start…
Israel threatens to target Khamenei’s successor as Iran says new leader chosen – POLITICO
Iran’s President Massoud Pezeshkian on Saturday apologized to neighboring countries for launching attacks on their soil where U.S.…