Energy Crisis
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worldUS Allows Russian Oil Tanker to Reach Cuba Amid Energy Crisis
The U.S. permits a Russian oil tanker to deliver fuel to Cuba, easing sanctions to address the island's severe energy shortage.
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worldMiddle East War Hits Asia Hardest Through Energy Crisis
Strait of Hormuz closure disrupts oil flows to Asia as region bears brunt of economic fallout from regional conflict.
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financeStrait of Hormuz Crisis Poses Major Threat to Global Economy: IEA Chief
IEA chief Fatih Birol warns that the ongoing energy crisis could have far-reaching economic impacts, similar to those of the 1970s and the 2022 Ukraine conflict.
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worldIsrael Strikes Iran's South Pars Gas Field, Sparking Global Energy Crisis Fears
Israeli attack on Iran's South Pars gas field raises global energy security concerns as prices surge and regional tensions escalate.
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worldEU Leaders Reject Military Intervention Amid Oil Price Crisis
European leaders refuse to join US-Israeli attacks on Iran despite rising oil prices and concerns over energy security.
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worldCuba Confirms US Talks Amid Crippling Energy Crisis
Cuba acknowledges recent high-level discussions with Washington aimed at resolving bilateral issues, occurring concurrently with a severe island-wide energy crisis and fuel shortages.
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worldPakistan Enacts Austerity Measures Amidst Oil Price Surge
Pakistan implements drastic austerity measures, including school closures and work-from-home mandates, as rising oil prices and geopolitical tensions threaten an energy crisis.
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techMalaysia Halts Non-AI Data Centers Amidst Power Crunch
Malaysia is prioritizing AI-focused data centers, freezing new non-AI projects due to growing power and water demands. The nation aims to secure future energy supplies.