energy supply News

Latest Articles

• IEA Chief Warns Global Energy Crisis Surpasses Scale of 1970s and 2002 Disruptions Combined

  Published: Apr 7, 2026

  Section: Oil

  International Energy Agency head Fatih Birol describes the current energy disruption caused by the Strait of Hormuz blockade as the most severe in history, exceeding the 1973, 1979...

• Slovakian Leader Robert Fico Urges EU to Terminate Russian Energy Sanctions Amid Global Supply Crisis

  Published: Apr 5, 2026

  Section: Europe

  Slovakia’s Prime Minister Robert Fico has called for the European Union to lift sanctions on Russian oil and gas to mitigate an energy crisis intensified by the conflict in Iran. F...

• UAE, Greece, and China Lead Global Shipping Crisis as 670 Vessels Stall in Hormuz Conflict

  Published: Apr 2, 2026

  Section: Middle East

  Shipping firms from the United Arab Emirates, Greece, and China are bearing the brunt of the Strait of Hormuz closure following the outbreak of the U.S.-Iran war. Regional maritime...

• Prime Minister Albanese Warns of Prolonged Economic Shocks and Urges Public Cooperation to Manage National Fuel Supplies

  Published: Apr 1, 2026

  Section: Australia & Oceania

  In a rare national address on April 1, Prime Minister Anthony Albanese informed Australians that the economic impact of the Middle East conflict will persist for months. Highlighti...

• Chancellor Friedrich Merz to Host Syrian President Ahmad al-Sharaa for Strategic Talks on Economic Reconstruction and Financial Reintegration

  Published: Mar 27, 2026

  Section: Europe

  Germany is set to prioritize Syria’s economic stabilization and energy infrastructure during an upcoming state visit by President Ahmad al-Sharaa to Berlin. Chancellor Friedrich Me...

• Nigerian Electricity Distributors Secure N207 Billion Revenue Amidst Widespread Grid Instability and Supply Contractions

  Published: Mar 10, 2026

  Section: Companies & Industry

  Data from the Nigerian Electricity Regulatory Commission reveals that Distribution Companies generated over N207.49 billion in December 2025 despite a nearly 10% drop in energy sup...

• Global oil prices climb one percent as Middle East supply disruptions and Strait of Hormuz closure offset US escort proposals

  Published: Mar 4, 2026

  Section: Global Economy

  Brent crude rose to $82.31 a barrel on Wednesday as the conflict between the United States, Israel, and Iran severely restricted energy exports. While President Donald Trump propos...

• Donald Trump pledges government insurance for maritime trade as conflict with Iran disrupts shipping

  Published: Mar 3, 2026

  Section: Politics

  United States President Donald Trump has announced that the federal government will provide insurance and financial security guarantees for commercial vessels traveling through the...