The U.S. and Iran are careening toward renewed war despite growing hopes this week that the Democrats’ decisive midterm election victory will bring the conflict to an end, analysts say. Crude oil prices fell more than 16% over the last five trading days after Vice President JD Vance publicly blamed the Republicans’ stinging loss on…
At least three tankers carrying Russian diesel to the United States have changed course, casting doubt over US President Donald Trump’s October deal with his Russian counterpart, Vladimir Putin. Nearly a month after Trump agreed to let Russia release diesel stocks to the US and global markets, despite existing sanctions, zero diesel has reached the…
The UAE will remain a reliable energy supplier to Europe and the world despite the regional crisis, Undersecretary of Energy and Petroleum Affairs Sharif Al Olama told Euronews. ADVERTISEMENT ADVERTISEMENT Speaking at ADIPEC in Abu Dhabi, Al Olama said the UAE’s oil exports continued throughout the crisis and that the country is using the experience…
Published on 5 November 2026 – 15:47 GMT+1 Over 100 rights groups across 15 European countries will protest the rapid development of energy-hungry data centres, calling for an immediate moratorium on new large-scale projects until clearer rules governing them are put in place. ADVERTISEMENT ADVERTISEMENT The Stop Dirty Data Centres protests are taking place this…
Published on 28 October 2026 – 16:33 GMT+1•Updated 21:33 The price of Europe’s benchmark natural gas contract broke above €100 per megawatt-hour on Wednesday afternoon, a level last seen in December 2022 at the height of the energy crisis that followed Russia’s full-scale invasion of Ukraine. ADVERTISEMENT ADVERTISEMENT The milestone came only hours after the…
Shani Chan JunHe has hired Shani Chan as a partner in its Hong Kong office, strengthening its capital markets practice. Before joining JunHe, Chan spent nearly five years as a senior capital markets lawyer at the Hong Kong office of Paul Hastings. Earlier, he practised for seven years at Hong Kong-based firm Chiu & Partners…
Last month, European Commission President Ursula von der Leyen made an unexpected offer to Canada: to become the EU’s first ever “associate member”. ADVERTISEMENT ADVERTISEMENT After pushback on the term from member states, most of all Germany, the EU is now pushing for “ever closer association” with Canada, in the latest draft of a joint…
At a campaign rally on Tuesday, President Donald Trump said his administration is going to dismantle restrictions on methane, one of the most common and potent planet-warming greenhouse gases. The new rule, proposed by the Environmental Protection Agency in response to complaints from the oil and gas industry, revises a Biden-era rule targeting methane leaks…
WASHINGTON — In September, just weeks before Americans were set to vote in this year’s midterm elections, a sudden panic over the dangers posed by artificial intelligence caught the White House off guard. A whistleblower had gained viral attention warning the technology could soon pose an existential threat. President Trump was quick to dismiss concerns, evoking urgency…
On the first day of his second term, President Donald Trump declared that the United States was experiencing a “national energy emergency.” The “harmful and shortsighted policies of the previous administration,” he wrote in an executive order, had left the nation’s energy resources “far too inadequate,” a situation that “causes and makes worse the high…