Energy shock drives food price pressures in North Macedonia
Policymakers, businesses and households are bracing for potential spillover effects as higher energy costs begin to filter through the economy.
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US consumers under pressure as Gulf energy crisis expands
US consumers are coming under increasing pressure as the effects of the energy shock from the Gulf War ripple amounts across the world.
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Trump warns Iranian civilisation could 'die tonight' as US signals major escalation
Trump warns "a whole civilisation will die tonight" as his deadline for Iran to reopen the Strait of Hormuz approaches. US struck 50+ targets on Kharg Island as oil tops $115 a barrel on day 39 of the war.
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Can pipelines make a comeback?
The shock to LNG supply is forcing buyers to confront both physical disruption and rising dependence on the US, which could revive interest in long-stalled pipeline projects.
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Somalia poised to begin its first offshore oil drilling operations with Turkey’s help
Somalia is preparing to begin its first offshore drilling campaign with Turkey’s deepwater drillship "Çağrı Bey", a milestone in efforts to test a frontier basin estimated to hold 30bn barrels of prospective oil.
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Russia shares Israel key power sector targeting intelligence for a possible Iranian Power Day retaliation
With US President Donald Trump’s Power Day deadline looming, where he has promised to do “irreversible damage” to Iran's power grid, Russia has reportedly provided Iran with intelligence of the weaknesses of Israel’s power system.
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Iran and US-Israeli coalition trade tit-for-tat missiles strikes as Trump’s Power Plant Day deadline looms
The clock is running down on US President Donald Trump’s “Power Day” deadline, where he has threatened to destroy Iran’s entire power sector, that could lead to major escalation in the Gulf war.
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