Gulf countries are loading crude onto ships at sea as their onshore storage facilities reach capacity. Normally these vessels are a marginal part of the market, but now they’ve taken on a crucial role
Saudi Arabia, at odds with the United Arab Emirates, remains the undisputed leader of a much‑weakened oil cartel with little sway over the market
As the days go by, the risk of the price crisis morphing into widespread shortages increases. Iran is unable to export, and Trump is facing midterm elections with skyrocketing gasoline prices
The region is sliding toward recession as energy exports and tourism collapse — a downturn rivaled only by the pandemic
The United States is tightening the negotiating rope, weakening Iran’s position and increasing Chinese pressure on the regime. But putting this into practice will not be easy
In Southeast Asia, which is heavily dependent on imports from the Middle East, several countries have been implementing rationing measures for weeks
Wind and solar power are expanding across the world’s major economies, as fossil-fuel consumption stagnates. Meanwhile, the US president derides wind turbines as ‘those damn things’
The far right is threatening to stiffle state-owned media corporations or put them at its service if it comes to power
The Italian thinker, speaking at a breakfast organized by the World In Progress forum, an initiative of PRISA, called for Europe to challenge the power of tech companies
Progressive political forces are increasingly taking the message away from the far right, posting recent victories in New York, the Netherlands and Ireland
The United States has agreed to purchase 11 of these giant ships from Finland in a bid to counter the push from Russia and China
Russian president warns of costly repercussions after China also stops buying his country’s crude — and India may be next
Two years after its accelerated entry into NATO, the Nordic country is deepening its defense strategy to ward off a threat that has never entirely gone away
Fossil fuel decline, though still nascent, is already hitting countries leading the electric vehicle boom
The Iberian Peninsula remains cut off from Europe’s electricity market, despite new projects like a Bay of Biscay subsea link. The EU is closely watching the investigation to prevent a similar outage
The 50% tax on Indian imports to the United States, justified by the purchase of Russian oil, makes the Asian country the hardest-hit along with Brazil
A dozen member states have some form of Armed Forces civilian training program, a growing trend since Russia’s invasion of Ukraine. Germany is the latest to follow suit
Trump’s erratic economic policies are scaring away US investors. Many experts suggest it’s time for Europe to attract that capital and reduce financing costs for EU partners
China and India would be the hardest hit if the US were to impose sanctions on Russia’s main trading partners
The Russian economic engine is showing clear signs of exhaustion — a reality the Kremlin is beginning to acknowledge. The military-driven boom of 2023 and 2024 is now in the past
It would result in higher gasoline and diesel prices for businesses and citizens, in addition to widespread inflation
Rising oil and gas prices are bad news for the US and, above all, the EU. Despite calls for restraint, European powers maintain their support for Israel
The economist, a Harvard University professor, sharply criticizes Trump’s tariffs and warns of a potential end to the dollar’s hegemony
Energy experts were surprised by the inability to isolate the blackout to a single area, forcing the system to be rebooted from scratch, but they say restoration of service was quick given the circumstances
The EU’s dependence on countries like China for key raw materials for sectors such as the automotive, renewable energy, and defense industries is forcing Brussels to seek autonomy in a volatile geopolitical environment
A succession of major incidents has raised alarm bells and called into question the security of pipelines that are increasingly important for the continent’s communications and energy
Existing mapping of Kyiv’s potential was made during the Soviet era. Experts do not believe that the deposits are as large and viable as the White House anticipates