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thehindu.comEnergy regulators and companies adjusted price caps amid global supply disruptions. Israeli strikes in Lebanon killed at least 31 people over the past day.
redpepper.org.ukThe King announced the Energy Independence Bill at the state opening of Parliament, which will make it illegal to grant new exploration licences. The move fulfills a Labour Party pledge from its 2024 manifesto to turn Britain into a clean energy superpower by 2030. Opposition par…
David Malpass called on China to stop building its record stockpiles of foodstuffs and fertiliser as nations scramble to secure supplies disrupted by the closure of the Strait of Hormuz. The comments came ahead of this week's meeting between President Trump and Xi in Beijing.
thesouthafrican.comThe Department of Petroleum and Mineral Resources announced increases in fuel prices effective from Wednesday. Petrol prices will rise by R3.27 per litre, while diesel will increase by R6.19 per litre. The adjustments follow rises in international crude oil and product prices ami…
deccanchronicle.comU.S. crude oil exports reached a record 5.2 million barrels per day in April as tankers rerouted to Gulf Coast ports due to Iran's blockade of the Strait of Hormuz. The Port of Corpus Christi handled increased traffic, while global supply disruptions pushed oil prices higher. Ukr…
EuronewsThe United Arab Emirates announced its withdrawal from OPEC and OPEC+ on April 28, 2026, citing national production goals amid global supply disruptions. The move, effective May 1, follows tensions with quotas and regional rivalries. It could increase oil output, affecting market…
Fox NewsThe ongoing Iran war is disrupting global supply chains, leading to higher costs for condom production materials and shipping delays, according to the world's largest condom manufacturer. Karex, based in Malaysia, reported increases in silicone oil prices and shortages of synthet…
The Tony Blair Institute for Global Change has urged UK Energy Secretary Ed Miliband to approve drilling at the Rosebank oil field and Jackdaw gas field. The institute's report argues that increased North Sea exploration is necessary for energy security while pursuing net zero go…
US oil exports hit a record 5.2 million barrels per day last week amid ongoing global supply disruptions. Meanwhile, the NHS recorded its busiest month ever for A&E visits, driven partly by a meningitis outbreak and winter pressures.