Energy Crisis
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How Middle East Security Crises Drive Global Trade Deficits and Energy Costs
Escalating regional conflicts are forcing industrial economies to pay record premiums for oil, disrupting trade balances and fueling…
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Russian Oil Refineries Remain Vulnerable to Ukrainian Drone Strikes Despite Export Bans
Ukrainian drone attacks have damaged Russian refining capacity, prompting export restrictions and highlighting ongoing vulnerabilities in Russia’s oil…
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Iran-US Conflict: Guards Official Compares Escalation to World War, Tensions Rise in Strait of Hormuz
Hormuz, October 16 The Strait of Hormuz is a place where the sea meets the edge of a…
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Iran’s Strait of Hormuz attacks sink two cargo ships as oil exports plunge to 8.3 million barrels daily
Two vessels sunk near Strait of Hormuz in 24 hours amid Houthi escalation, cutting Middle East oil flows…
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Ukraine’s Long-Range Drones Strike Russian Refineries
MOSCOW, September 22 — Ukraine has destroyed more than 45% of Russia’s projected refining capacity in a sustained…
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US, Iran Escalate Tanker Attacks in Strait of Hormuz
Tehran, September 7 — The United States and Iran have escalated tit-for-tat attacks in the past 24 hours,…
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Escalating Tensions in the Middle East: How a Potential Iran War
WASHINGTON, Aug 1 — Global economic institutions are now modelling a scenario they once treated as worst-case contingency…
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Russian Airstrikes on Ukraine Hit Energy Sector, Jolt Global Markets
KYIV, July 29 — The systematic destruction of Ukraine’s energy infrastructure by Russian forces has cost the country’s…
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EU Weighs Adding 1,600 Firms To Sanctions List Since 2014
BRUSSELS, July 28 — The European Union has now sanctioned more than 2,000 individuals and entities since it…
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Drone Attacks Hit Saudi And Jordan Oil Infrastructure
RIYADH, July 28 — The drone attacks that struck Saudi Arabia and Jordan on November 2, 2024 have…
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Economic Impact of the War: Sanctions on Russia and Global Energy
BRUSSELS, July 27 — The tally of international sanctions on Russia has now passed 16,000 since 2022. On…
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EU Urges 21st Sanctions Package to Close Gaps in Russia Measures
BRUSSELS, July 16 — Josep Borrell, the European Union’s High Representative for Foreign Affairs and Security Policy, is…
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Zelenskyy Rejects Russian Fuel Talks, Demands End to War
KYIV, July 16 — The shift is subtle but telling. When Ukrainian President Volodymyr Zelenskyy flatly rejected a…
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Zelenskyy: We Want Ukraine Without War, Not Russia Without Fuel
KYIV — Ukrainian President Volodymyr Zelenskyy issued a statement emphasizing that Ukraine’s objective in the ongoing war is…
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Zelenskyy firmly rejects energy-for-territory proposals amid power grid strikes
KYIV, July 15 — Ukrainian President Volodymyr Zelenskyy, in a December 2024 interview with a US-based news network,…
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Russia’s War Economy Struggles Under Sanctions and Energy Constraints
MOSCOW, July 15 — Russia’s economy, the 11th largest by nominal GDP at $2.2 trillion in 2024, continues…
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Economic sanctions reshape Russia’s resilience over decade-long pressure
MOSCOW, July 15 — The international sanctions regime imposed on Russia since the start of the war in…
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Zelenskyy Rejects Fuel-for-Peace Deal, Demands Full Sovereignty
KYIV, July 15 — On New Year’s Eve 2024, Volodymyr Zelenskyy drew a line. “We do not want…
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Putin Faces Escalated Ukrainian Strikes on Energy Grid
MOSCOW, July 14 — The shift is unmistakable. For the first time since the full-scale invasion of Ukraine…
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Russia Targets Ukraine Energy Grid in War Strategy Shift
KYIV, July 14 — Against this backdrop of a grinding war of attrition, the targeting of energy infrastructure…
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Ukraine Drone Strikes Disrupt Global Grain and Energy Markets
KYIV, July 14 — The shift is happening on the water, and it is not subtle. Ukraine’s drone…
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Russia May Target Ukrainian Drone Facilities in Retaliation
MOSCOW — The January 29 strikes on Russian territory have shifted the strategic calculus in Moscow. According to…
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MANAMA, July 13 — The Strait of Hormuz, a narrow waterway connecting
MANAMA, July 13 — The hum of engines from Naval Support Activity Bahrain carries across the waterfront this…
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Iran warns of serious consequences over US Strait of Hormuz shipping toll
TEHRAN, July 13 — The threat of economic warfare hangs heavy over the Strait of Hormuz once again,…
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