Since the war in Iran began on 28 February, energy has returned to international headlines. ADVERTISEMENT ADVERTISEMENT The conflict and Iran’s subsequent decision to heavily curb shipments through the Strait of Hormuz—a vital route for global oil transport—have triggered what the International Energy Agency has described as the largest supply disruption in oil market history.
On the weekend that US-Israeli drones first began to rain down on Tehran, energy traders across the world’s major financial centres began to redraw their strategies. When they returned to their trading desks on that March Monday morning, they found oil and gas prices spiking amid a market nightmare made real: the unprecedented shutdown of
By Andreas Rinke BERLIN, April 4 (Reuters) – Five European Union countries are calling for a windfall tax on energy companies’ profits in reaction to rising fuel prices due to the Iran war, according to a letter from finance ministers to the EU Commission seen by Reuters on Saturday. The finance ministers of Germany, Italy,
Oil pump jack and windmills, southern Wyoming —Marli Miller/UCG/Universal Images Group—Getty Images At what point does an energy crisis change how businesses spend money and invest in clean energy technologies and more efficient ways of running their business? That question has gained importance in recent weeks as the war in Iran drags on with a
Suzlon Energy share price: Shares of Suzlon Energy are trading in a range for a month, moving around their 52-week low, keeping investors guessing about the outlook of the renewable energy stock. On the brighter side, the multibagger stock has moved just 0.41% lower during the period despite the ongoing US-Israel and Iran war, which
Energy drinks are a multi-billion dollar industry, with over half of the world having tried one at some point and over 20 percent drinking them weekly. This is a huge number of people who have at some point chugged an energy drink. What many are unaware of however is just what effect this will have
In a world where utility rates are rising faster than inflation, one Dallas teen is working on a nearly limitless energy source for the future. It sounds like the promotion for a science-fiction movie, and Russell Crow — a retired laser engineer, not the similarly named actor — is already on board. The teen is
Brimming with sugar, high doses of caffeine, and a cocktail of additives, it’s little wonder energy drinks are scarcely recommended as part of a healthy diet. Yet, they remain among the most popular beverages lining supermarket fridges and shelves across Britain. Marketed as quick fixes for boosting energy and sharpening focus, they have become a
Energy prices are soaring as the war in Iran continues. The Strait of Hormuz, for all intents and purposes, is closed, denying passage to approximately 20% of the global petroleum supply. Higher prices are driving energy stocks up to highs. Among them is Energy Transfer (ET 0.32%), up 16% in 2026. Dramatic price swings aren’t
Stay informed with free updates Simply sign up to the EU energy myFT Digest — delivered directly to your inbox. The EU is assessing “all possibilities” including fuel rationing and releasing more oil from emergency reserves as it braces for a “long-lasting” energy shock from the Middle East war, the bloc’s energy commissioner has said.