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05/25 18:30
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 ...

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05/25 18:00
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 ...

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05/25 12:38
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 ...

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05/25 09:30
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 ...

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05/25 08:20
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 ...

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05/25 00:24
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 ...

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05/24 23:00
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 ...

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05/23 19:00
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 ...

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05/23 17:00
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 ...

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05/22 21:00
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, ...

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05/22 15:24
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 ...

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05/22 14:41
EU Warns Energy Prices Will Stay Elevated Through 2027

Top EU officials said Friday that oil and gas prices are expected to remain elevated through at least the end of 2027, with the fallout from the Iran war likely to keep pressure on inflation and econo ...

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