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Keywords: Energy crisis
Disruptions to shipping through the Strait of Hormuz are raising concerns about a potential global food security crisis, as interruptions to the strategic waterway threaten supplies of fertilizers and other agricultural inputs. John Denton, secretary general of the International Chamber of Commerce,......
US President Donald Trump said Europe was being “eaten alive” by mounting problems during a speech in Texas, using an ambiguous phrase as the continent faces renewed pressure from soaring energy and fuel prices. “Look at what’s happened to Europe. They’re being eaten alive,”......
British households are facing renewed pressure from rising energy costs, with the latest increase in the regulated price cap pushing the typical annual bill to £1,723 from October. The 4% rise comes as the government faces growing calls to provide additional support ahead of its October 28 budget. The......
Senegal is once again dealing with disruptions to its electricity supply, as repeated power cuts affect households, businesses and professional activities during a period of intense heat. The interruptions have revived memories of an earlier period when power shortages were a frequent feature of daily......
Diesel prices across the European Union have reached record levels, adding to pressure on households and businesses as energy markets continue to face significant disruption. The average price of diesel at EU filling stations climbed to around €2.23 per litre, up from approximately €2.16 a......
U.S. President Donald Trump used his address to the United Nations General Assembly in New York to deliver a stark assessment of Cuba, declaring that the island’s communist government was under unprecedented pressure and would eventually fall. Trump described Cuba as a failed state and said that......
The price of diesel in France has climbed to a new record, reaching an average of €2.4097 per litre on Sunday as disruptions linked to the geopolitical crisis continue to weigh on fuel supplies. The latest figure, compiled from prices reported at more than 8,700 service stations, represents another......
A new large-scale blackout plunged Cuba into darkness on Saturday, before a gradual restoration of the power grid. The national electricity company reported that it had reconnected 14 of the island's 15 provinces, as the country faces a persistent energy crisis. Power Grid Gradually Restored Cuba began......
European natural gas prices have climbed above $1,000 per 1,000 cubic metres for the first time since December 2022, highlighting renewed pressure on the continent’s energy market as concerns over supply and geopolitical risks continue to weigh on prices. October futures on the Dutch TTF benchmark,......