Russia’s decision to ban diesel exports this week has sent shockwaves through global energy markets, tightening supplies of one of the world’s most widely used fuels and driving prices sharply higher across
A sharp escalation in geopolitical tensions is driving a global fuel crisis, with gasoline and diesel prices surging across continents in the first quarter of 2026. The crisis has been fueled primarily
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Europe is entering a period of heightened energy uncertainty as the European Union warns of a “long-lasting” crisis triggered by the ongoing war in the Middle East. Dan Jørgensen, the EU’s energy
More The current instability in the Middle East has again demonstrated the extent to which the modern world is interconnected especially in the energy security context. The most recent escalation in the Middle
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Due to the oil crisis triggered by the Middle East war, President Anura Kumara Dissanayake held discussions with Indian Prime Minister Modi regarding Sri Lanka’s fuel shortages. When the country went bankrupt
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Egypt’s President Abdel Fattah al-Sisi on Monday publicly urged U.S. President Donald Trump to intervene and halt the ongoing war in the Gulf, stressing that only the U.S. leader could prevent further
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The ongoing war in the Middle East has triggered a historic disruption of energy supplies, cutting off roughly 8 million barrels of crude per day and 20% of global liquefied natural gas
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Oil prices jumped sharply on Monday, with Brent crude heading for its steepest monthly rise ever, after Yemeni Houthis launched attacks on Israel over the weekend, expanding the conflict that began with
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Sri Lanka is staring at a potential electricity crisis as critically low water levels in key reservoirs threaten to disrupt hydropower generation, even as the government faces mounting political turmoil over a
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The government of Sri Lanka has spent Rs. 1,684.53 million on a feasibility study and land acquisition aimed at expanding the Sapugaskanda refinery and building a second refinery to bolster energy security,
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Just months after reducing its purchases of Russian crude to ease punitive U.S. tariffs, India is moving to deepen energy cooperation with Moscow, Reuters reports. Sources familiar with the discussions say India
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