Tag: global energy crisis
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Rich Nations Spent US$314bn on Fossil Fuels, Africa Pays the Price
The world's largest fossil fuel importers collectively spent $313.6 billion subsidising fossil fuels in 2024, more than two and a half times the $121.7...
Oil Surges Past US$100 as US Navy Blockade of Iranian Ports Takes Effect
Oil prices climbed sharply above $100 a barrel on Monday after the United States military launched a naval blockade of Iranian ports and coastal...
Trump Threatens to Destroy Iran Tonight as Hormuz Deadline Looms
United States President Donald Trump issued his most extreme public threat yet against Iran on Tuesday morning, warning that an entire civilisation could be...
UAE Demands Hormuz Freedom of Navigation Be Written Into Any Iran Peace Deal
The United Arab Emirates (UAE) has drawn a firm line in ongoing efforts to end the US-Iran war, insisting that guaranteed access through the...
IEA Unveils 10-Point Plan as Global Energy Crisis Deepens
The International Energy Agency (IEA) has released a comprehensive 10-point action plan to reduce global energy demand as surging crude prices and supply disruptions...
