The European Commission (EU) has urged member states to cut their use of oil and gas—especially in transportation—due to the ongoing energy crisis and the risk of supply disruptions linked to the war in the Middle East.
The International Energy Agency (IEA ) launched a policy tracker monitoring government responses to Middle East energy market impacts, detailing measures to conserve energy, protect consumers, and address supply disruptions and price volatility in oil, oil products, and LNG markets.
Australian Prime Minister Anthony Albanese announced a 50 per cent reduction of the fuel excise, a move aimed at mitigating the impact of the global fuel crisis stemming from the escalating military conflict in the Middle East.
EnergyX, a South Korea-founded building energy tech company, secures major Qatari backing to establish its global HQ, expand deep-tech solutions, pursue acquisitions across GCC and Europe, and create over 100 high-skilled jobs
Schneider Electric research shows energy and chemicals executives increasingly prioritize autonomous operations, with 31.5–44 per cent seeing it as critical. Adoption faces cost, legacy, and regulatory barriers, while delays risk higher costs, talent gaps, and competitiveness loss.
Investors must prepare now for higher interest rates due to the escalating Iran conflict, warns the CEO of one of the world’s largest independent financial advisory organisations.
Qatar National Bank (QNB) said China's economic growth outlook remains broadly resilient despite mounting geopolitical tensions and volatility in global energy markets, citing structural factors that mitigate the impact of rising energy prices.
US President Donald Trump said he was extending by 10 days a deadline linked to threatened strikes on Iranian energy infrastructure, saying the move followed a request from Tehran and that negotiations were progressing positively.
Global oil prices rose on Thursday, recovering part of the previous session’s losses, as market participants reassessed the outlook for a potential de-escalation in tensions involving Iran and the United States. The conflict has continued to disrupt energy flows across a critical oil-producing region.
China launched its first AI platform for energy storage data analysis. Using AI and big data, it remotely detects defects and hazards in new energy storage equipment, generating real-time maintenance plans for prompt action.
