Global Energy Crisis
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Foreign Trips To Get Costlier, Jet Fuel Prices Increased By 5%
The recent surge in global energy prices due to the Iran war crisis has led to unusually sharp movements in aviation fuel costs.
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Oil Giants Make $3,000 Every Second As US Families Struggle To Pay Bills
Six oil companies are expected to post $94 billion in fossil fuel profits this year. This is $37 million more per day than what they earned in 2025.
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From Plushies To Petroleum: How The Iran War Is Making Everything Costly
Petrochemicals derived from oil and natural gas go into making more than 6,000 consumer products, according to the US Department of Energy.
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Vance Heads For A Deal Do-Over, This Time With No One Across The Table
US Vice President JD Vance - the 'good cop' to President Donald Trump's 'bad cop' - faces a 24 hour deadline in Pakistan as the Iran war ceasefire lapses April 22 but talks remain uncertain after US ship seizure.
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IMF Warns Iran War Could Have "Severe" Human Impact Far Beyond Middle East
Countries in East Asia and Sub-Saharan Africa are among the countries most affected now -- and who could suffer the most -- outside the region, as the conflict stretches on.
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Europe Has "6 Weeks Or So" Of Jet Fuel Left Warns Energy Agency Head
IEA Executive Director Fatih Birol painted a sobering picture of the global repercussions of what he called "the largest energy crisis we have ever faced," stemming from the pinch-off of oil, gas and other vital supplies through the Strait of Hormuz.
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US, Iran Weigh Truce Extension With Hormuz Still Shuttered
US and Iran consider a two-week ceasefire extension to advance peace talks amid Strait of Hormuz tensions.
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World Bank May Mobilise $100 Billion For Nations Hit By Middle East War: Ajay Banga
The World Bank president's remarks reflect a growing recognition of the impact the war has on the growth and inflation of developing countries.
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Trump Watched Fist Fights At UFC As US, Iran Wrestled At Peace Talks
Trump entered the Kaseya Centre shortly after 9 pm to watch the light heavyweight fight between Jiri Prochazka and Carlos Ulberg.
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Solar Push Helps Pakistan Temper Gulf Energy Shock
At projected market prices, an uptake of solar could save a further $6.3 billion by the end of 2026, said Renewables First.
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Foreign Trips To Get Costlier, Jet Fuel Prices Increased By 5%
The recent surge in global energy prices due to the Iran war crisis has led to unusually sharp movements in aviation fuel costs.
-
Oil Giants Make $3,000 Every Second As US Families Struggle To Pay Bills
Six oil companies are expected to post $94 billion in fossil fuel profits this year. This is $37 million more per day than what they earned in 2025.
-
From Plushies To Petroleum: How The Iran War Is Making Everything Costly
Petrochemicals derived from oil and natural gas go into making more than 6,000 consumer products, according to the US Department of Energy.
-
Vance Heads For A Deal Do-Over, This Time With No One Across The Table
US Vice President JD Vance - the 'good cop' to President Donald Trump's 'bad cop' - faces a 24 hour deadline in Pakistan as the Iran war ceasefire lapses April 22 but talks remain uncertain after US ship seizure.
-
IMF Warns Iran War Could Have "Severe" Human Impact Far Beyond Middle East
Countries in East Asia and Sub-Saharan Africa are among the countries most affected now -- and who could suffer the most -- outside the region, as the conflict stretches on.
-
Europe Has "6 Weeks Or So" Of Jet Fuel Left Warns Energy Agency Head
IEA Executive Director Fatih Birol painted a sobering picture of the global repercussions of what he called "the largest energy crisis we have ever faced," stemming from the pinch-off of oil, gas and other vital supplies through the Strait of Hormuz.
-
US, Iran Weigh Truce Extension With Hormuz Still Shuttered
US and Iran consider a two-week ceasefire extension to advance peace talks amid Strait of Hormuz tensions.
-
World Bank May Mobilise $100 Billion For Nations Hit By Middle East War: Ajay Banga
The World Bank president's remarks reflect a growing recognition of the impact the war has on the growth and inflation of developing countries.
-
Trump Watched Fist Fights At UFC As US, Iran Wrestled At Peace Talks
Trump entered the Kaseya Centre shortly after 9 pm to watch the light heavyweight fight between Jiri Prochazka and Carlos Ulberg.
-
Solar Push Helps Pakistan Temper Gulf Energy Shock
At projected market prices, an uptake of solar could save a further $6.3 billion by the end of 2026, said Renewables First.
