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EU Locks In Plan To Triple Energy Storage Capacity By 2030
Europe desperately needs an energy storage revolution. As the region gets rocked by the third energy...
Oil Traders Stay Bearish Despite Deepening Middle East Disruptions
Despite continued hostilities in the Middle East and an expansion of the war to the Red Sea, oil tra...
S&P closes at record high as soft jobs report eases rate-hike concerns
STORY: U.S. stocks rallied on Friday, with the Dow gaining more than a quarter of a percent, the S&P...
Oil Could Stay Above $100 for Years, Analysts Warn
Oil prices opened trade this week with a decline on reports that a deal between the U.S. and Iran was imminent. Brent crude slipped below $100 for the first time in days. But then President Trump said ...
Europe’s Gas Prices Drop 5% On Renewed U.S.-Iran Talks Optimism
European natural gas prices fell more than 5% to around €46.3 per megawatt hour, their lowest level in two weeks, amid optimism that the United States and Iran could soon reach a deal to reopen the St ...
Data Centers Are Outgrowing Europe’s Clean Power Deals
European data center power purchase agreement (PPA) volumes fell from 4.2 gigawatts (GW) in 2024 to 2.6 GW in 2025, even as capacity buildout accelerated sharply. The drop reflects offshore wind delay ...
Oil Prices Fall 6% as U.S.-Iran Peace Talks Gain Ground
Oil prices were sharply lower on Monday following comments by President Donald Trump that diplomatic negotiations with Iran are advancing, easing market fears of severe energy supply disruptions due t ...
Rubio Plays Down Imminent U.S.-Iran Deal
The U.S. will deal with Iran “another way” if it does not reach a good deal with the Islamic Republic, U.S. Secretary of State Marco Rubio said on Monday, playing down hopes that an agreement is immin ...
India Raises Fuel Prices for Fourth Time as Oil Crisis Hits Consumers
India’s state-owned energy majors that trade in fuels raised prices at the pump for the fourth time in the space of a month, reflecting the continued effect of the Strait of Hormuz closure on oil and ...
Oil Prices Plunge Below $100 on Iran Deal Optimism
Oil prices plunged in early Asian trade on Monday following reports over the weekend that a deal to reopen the Strait of Hormuz was in its final stages. At the time of writing, both oil benchmarks had ...
European Gas Storage Can’t Survive 3 More Months of Hormuz
Europe could face a critical shortfall in natural gas stocks if shipping disruptions through the Strait of Hormuz persist for another 1-3 months, senior executives at Norwegian energy giant, Equinor A ...
Norway Doubles Down on Oil and Gas as Europe Scrambles for Supply
Norway, well known for its oil and gas production, has ramped up its fossil fuel output in recent weeks to fill the gap following the closure of the Strait of Hormuz and the ongoing energy trade disru ...
EU's 20th Sanctions Package Forces Kyrgyzstan's Hand on Russia Trade
Kyrgyzstan has taken sweeping action to clamp down on companies suspected of circumventing Western sanctions imposed on Russia following its full-scale invasion of Ukraine in 2022. The Kyrgyz Justice ...
Asia’s Next Energy Hub May Rise in Malaysia
Global energy market assumptions are breaking down. Until the Iran War, global oil and gas markets were built on a dangerous illusion: that the Strait of Hormuz would always remain open, predictable, ...
Oil Markets Ignore Red Flags as Global Energy Crisis Deepens
Global oil markets remain under severe stress as Hormuz disruptions, weak economic data, and tightening inventories reshape energy flows worldwide. Friday, May 22, 2026 In a week of contradicting narr ...