Connect with us
Ministers are exploring measures to curb energy prices and inflation at a series of meetings in Brussels, with the release of oil reserves being discussed. Germany...
Hungarian PM Viktor Orbán has written to EU leaders demanding a suspension of sanctions on Russian energy as energy prices surge. The European Commission has not...
Iran’s apparent erratic strikes all over the Gulf and now Azerbaijan, together with its stranglehold of the vital Strait of Hormuz, have resulted in a growing...
European stock markets lost their enthusiasm by the early afternoon following a positive trend in the first half of the trading lead by strong performances in...
Many European countries like Italy, Greece, Spain, Poland and Belgium rely on the Strait of Hormuz for imports or refining. Experts say the closure of this...
European natural gas prices surged on Monday as the escalating conflict in the Middle East caused Qatar to stop LNG production at the world’s top plant.
An oil tanker has been struck near the Strait of Hormuz, marking another attack in the area that triggered an explosion and left one crew member...
Crude prices rose in early trade on Monday morning as investors continue to weigh the potential impact of escalating tensions in the Middle East on the...
The warnings from Hungary's MOL Group come amid heightened tensions between Budapest and the European Union. The dispute intensified after Hungary blocked the EU’s €90 billion...
The Adria pipeline through Croatia is the most viable alternative to provide oil to Hungary and Slovakia while Druzhba is being repaired, the European Commission said...
