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Prime Minister Andy Burnham is evaluating a major proposal to reconfigure gas standing charges and accelerate heat pump adoption, potentially cutting average annual household energy costs by up to £130
Asian nations are recalibrating energy strategies to achieve domestic independence as the Iran War forces a shift away from over-reliance on imported liquefied natural gas and global market volatility
A cooling UK labour market is offering little support to the idea that interest rates need to rise again soon, according to ING economist James Smith. In comments published by The Guardian Business in its live coverage…
Poland's state-backed energy group Orlen is moving to diversify crude oil supplies as disruptions linked to Saudi oil flows push European refiners to look more widely across global markets. ## Orlen looks beyond Saudi…
Iran has warned that US-linked energy interests across the Gulf could be vulnerable if attacks on Iranian assets continue, deepening concern over shipping, oil supplies and the fragile security balance around the Strait…
Global oil prices moved higher after fresh reports of disruption in two of the world’s most closely watched shipping routes, underscoring how quickly tensions in the Middle East can ripple through energy markets…
Volodymyr Zelenskyy says Ukraine will halt strikes on Russian energy facilities if Moscow stops attacks on Ukrainian critical infrastructure.
Oil prices rose on Friday after US President Donald Trump warned that countries trading with Iran could face additional economic sanctions, adding a fresh layer of uncertainty to already tense global energy markets…
Iran says reopening the Strait of Hormuz depends on US action over sanctions, frozen assets and military pressure, keeping energy markets focused on one of the world?s most important shipping routes.
Venezuela has signed energy agreements with Chevron and Eni as Caracas seeks new investment, higher oil output and power-sector recovery.
Germany’s factory sector delivered a brighter-than-expected reading in June, offering a sign of resilience in Europe’s largest economy even as global markets remained cautious, according to The Guardian Business. The…
Iran has denied UAE missile allegations while Abu Dhabi moves to suspend trade and financial transactions, raising fresh concerns for Gulf commerce, shipping and energy markets.
Energy bills in Great Britain are forecast to jump by £276, reaching nearly £2,000 in January due to rising gas prices and global conflicts
The Iran war and soaring bond yields raise alarms about a potential stock market crash, as economic conditions worsen globally
Major central banks tighten policy or keep rates restrictive as surging energy costs push inflation higher across leading economies.
US wholesale inflation paused in July as cheaper energy and food offset increases in services and construction, new federal data shows.
UK inflation has risen to its highest level in four months, with higher energy bills pushing the cost of living back into sharper focus for households, businesses and policymakers. The BBC reported that prices are now…
The Pakistan Stock Exchange saw a notable decline as investors capitalized on gains from the recent rally, amid rising oil prices and political uncertainty
Oil prices moved higher as U.S.-Iran diplomacy stalled and reduced traffic through the Strait of Hormuz renewed concern about global energy supplies.
The Asian Development Bank has kept Pakistan's growth forecast at 3.7 per cent while projecting inflation of 8.3 per cent amid energy and external risks.
Oil price rises above 95 mark as Middle East conflict escalates Oil markets have tightened again as the price of Brent crude moved above $95 a barrel, returning to a level not seen for six weeks and reflecting fresh…
Oil has climbed above $100 for the first time since May after a fifth straight day of gains, as reports of Red Sea attacks added fresh pressure to already tense
Brent crude has surged to $100 a barrel as escalating military action in the Middle East and tanker attacks in the Red Sea trigger fresh concerns over global energy supply stability
Shipping tensions around the Strait of Hormuz are rising as US-Iran clashes, tanker incidents and nuclear diplomacy add pressure to global energy routes.