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Keywords: Energy
The Gulf Cooperation Council (GCC) has condemned Iranian strikes targeting civilian infrastructure in Bahrain, Jordan and Kuwait, describing the attacks as “war crimes” and a serious escalation of regional tensions. In a statement issued on Saturday, GCC Secretary-General Jasem Mohamed Albudaiwi......
The conflict between the United States and Iran has entered a new phase of escalation, marked by intensified military operations and expanded tensions across several countries in the Gulf and Levant. Despite the signing of a memorandum of understanding on June 17 aimed at paving the way for diplomatic......
Azerbaijan has reaffirmed its strong support for Morocco's territorial integrity while expressing its commitment to expanding bilateral cooperation in strategic sectors, including energy, investment, transport, and trade. In recent statements, Azerbaijani officials described relations between the......
The European Union is stepping up efforts to accelerate the electrification of its economy as part of its long-term strategy to reduce dependence on fossil fuels, strengthen industrial competitiveness, and achieve its climate objectives. The European Commission has presented a new action plan that aims......
Global oil prices moved higher on Friday as renewed disruptions to shipping through the Strait of Hormuz intensified concerns over energy supplies, while escalating tensions between the United States and Iran added further uncertainty to international markets. Brent crude futures rose above $85 per......
Greece has warned that tighter European Union sanctions on Russian liquefied natural gas could unintentionally benefit non-European competitors and reduce Europe’s influence in the global LNG market. Athens raised concerns over a proposed sanctions package targeting Russia, arguing that restrictions......
Major international oil and gas companies are reassessing their long-term investment strategies as geopolitical tensions in the Middle East continue to reshape the global energy landscape. Industry leaders are increasingly looking toward Southeast Asia and Latin America as alternative regions for future......
Global energy markets have been facing sustained turbulence in recent years, shaped by overlapping crises that include the aftermath of the COVID-19 pandemic, the war in Ukraine, and ongoing geopolitical tensions in the Middle East. These disruptions have raised concerns about supply chain stability,......
India has launched its first hydrogen-powered passenger train, becoming one of a small group of countries operating rail services powered by hydrogen fuel cells. Prime Minister Narendra Modi inaugurated the train on Friday in the northern state of Haryana, marking a significant milestone in the country's......