Keywords: Energy crisis


European gas prices fall sharply as Trump signals Iran war may end soon

European natural gas prices dropped sharply after a surge triggered by the conflict involving the United States, Israel, and Iran, as traders reacted to comments from U.S. President Donald Trump suggesting the war could end in the near future. The benchmark Dutch TTF gas price, the main reference for......

Oil surge to $120 revives global push for renewable energy

The ongoing war involving the United States and Israel against Iran has disrupted a significant share of global energy supplies, pushing oil prices sharply higher and renewing calls worldwide to accelerate the transition toward locally produced renewable energy. Now entering its second week, the conflict......

Oil prices soar after eight days of Middle East conflict

Oil prices have surged to levels not seen since 2023 following eight days of conflict in the Middle East. Investors are increasingly concerned as disruptions to oil flows from the Gulf region continue, fueled by tensions in the Strait of Hormuz. The West Texas Intermediate (WTI) benchmark closed at......

EDP chief says Middle East war boosting demand for renewable energy

The conflict in the Middle East is reshaping the global energy debate as rising oil and gas prices renew calls for a faster transition to renewable power. As the military confrontation involving the United States, Israel and Iran enters its second week, disruptions to fossil fuel supply chains have......

Cuba accuses the United States of seeking to trigger a humanitarian crisis

Cuba has accused the United States of escalating pressure on the island in a manner that could lead to a humanitarian crisis, amid renewed tensions between Havana and Washington. Speaking in Geneva, Cuban Foreign Minister Bruno Rodríguez Parrilla denounced what he described as an “aggressive......

Tanker ends five-week fuel shortage in Cuba despite US blockade

A tanker identified as the Nicos I.V. entered Matanzas Bay in Cuba on February 16, delivering fuel to the island and ending more than five weeks of acute shortages that have triggered widespread power outages and supply disruptions, Reuters reported. This arrival comes amid Cuba’s worst energy......

Satellite data shows Cuba night lights drop 50 percent

Cuba is facing its most severe energy crisis in decades, with satellite imagery showing that nighttime lighting across the island has fallen sharply after efforts by the Trump administration to restrict its oil supply. The shortages have plunged large parts of the country into darkness, grounded international......

Chile sends aid to Cuba as Boric condemns US embargo

Chile’s government announced Thursday that it will deliver humanitarian assistance to Cuba as the Caribbean nation grapples with a worsening energy and economic crisis. The move came as Russia confirmed plans to ship oil and refined petroleum products to Havana in what it described as humanitarian......

Mexico halts oil shipments to Cuba to avoid threatened US tariffs

Mexico has suspended its oil deliveries to Cuba to avoid potential US tariffs threatened by the Trump administration, President Claudia Sheinbaum confirmed on Monday, describing the American sanctions as deeply unfair and warning they would further suffocate an island already facing severe economic distress. Speaking......