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Energy disruptions

  • Energy disruptions
Birol: If the Strait of Hormuz is not reopened, we must prepare for significantly higher ⁠energy prices
IEA says Middle East energy output may take two years to recover
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  • Energy disruptions
Tough times
EU warns of prolonged energy shock, forced cuts if Iran war continues
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  • Energy disruptions
The IEA is studying the blockade's impact on the global oil market
IEA ready to further tap global oil reserves if needed
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  • Energy disruptions
About half of India’s supplies pass through Hormuz
Iran denies charging toll for Indian tankers transiting Hormuz
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  • Energy disruptions
Attacks last week had cut Saudi's oil production capacity by around 600,000 barrels per day
Saudi oil sales to China to hit record low in May
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  • Energy disruptions
The coalition government agreed on fuel taxes and tax-free bonuses for employees
Germany plans $1.9 billion of fuel price relief
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  • Energy disruptions
Locals face surging costs, fuel rationing and mounting pressure on livelihoods
Iran war takes its toll on crisis-scarred countries
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  • Energy disruptions
Jaber: Iran must be held accountable and fully liable for damages and reparations
UAE oil chief blasts Iran’s Hormuz ‘coercion’ as global energy risks mount
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  • Energy disruptions
A race to safeguard key industrial supplies
South Korea turns to Saudi Arabia, Oman, Kazakhstan to protect energy imports
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  • Energy disruptions
Fatih Birol, the head of the International Energy Agency
IEA chief warns current oil and gas crisis worse than 1973, 1979, 2002 together
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  • Energy disruptions
Unannounced trip 
Italy’s Giorgia Meloni flies to Gulf region in energy security push
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  • Energy disruptions
The total 1.65-billion-dirham envelope will be drawn from existing budgetary reserves and contingency funds
Morocco approves $167 million economic shield against Middle East war fallout
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  • Energy disruptions
The situation in the Middle East could drive inflation
Morocco’s fuel stocks enough for weeks amid soaring prices
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  • Energy disruptions
Huge demand
Soaring fuel prices drive boom for biofuel producer Verbio
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  • Energy disruptions
Current oil and LNG supply disruption is worse than the two crises in 1973 and 1979
IEA warns Middle East oil disruptions set to hit Europe in April
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  • Energy disruptions
Rising oil costs hit African wallets hard
Africa grapples with inflation as global oil spike hits fuel prices
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