Tag:

Energy

Bitcoin climbs after core CPI in March edges up 0.2%

As anticipated, U.S. inflation increased last month, primarily due to higher energy costs related to the Middle East conflict. However, core prices were unexpectedly lower.

10 Apr 2026-18:23
Energy crisis strains Singapore's cooling-heavy lifestyle

Singapore - known for its widespread use of air-conditioning - has told government employees to bring up the temperature in offices to at least 25C (77F) as it grapples with rising energy prices caused by the Iran war.

10 Apr 2026-13:26
Strait of Hormuz tensions push Japan to diversify oil imports

Japan is exploring alternative energy supply routes as uncertainty continues around the Strait of Hormuz.

10 Apr 2026-13:22
Germany inflation rises to 2.7% in March

Germany’s annual inflation rate was confirmed at 2.7% in March, its highest level since January 2024, driven largely by a sharp rise in energy prices following global supply disruptions linked to the Iran conflict, according to official data from Destatis.

10 Apr 2026-11:30
Zelensky: Druzhba pipeline repairs due this spring

Ukraine expects to complete repairs on the Druzhba oil pipeline this spring, President Volodymyr Zelensky has said, as tensions continue over energy transit routes involving Europe.

10 Apr 2026-11:15
How Iran is seeking Bitcoin for oil ships passing through the Strait of Hormuz

Iran is exploring the use of cryptocurrencies, including Bitcoin, as a payment mechanism for oil tankers and shipping companies transiting the Strait of Hormuz, marking an unusual shift in how energy-related transactions may be conducted under sanctions pressure.

09 Apr 2026-23:15
How Goldman Sachs sees Brent oil above $100 if the Strait of Hormuz stays shut

Goldman Sachs has warned that global oil prices could surge well above $100 per barrel if disruptions in the Strait of Hormuz persist, highlighting the fragility of energy markets amid escalating geopolitical tensions.

09 Apr 2026-23:13
Oil up 5% as Hormuz worries heighten supply risks

Oil prices surged nearly 5% on Thursday as concerns grew over the fragile two-week Middle East ceasefire, raising fears that energy flows through the vital Strait of Hormuz could remain limited, with shippers hesitant to resume transit.

09 Apr 2026-20:25
Italy pushes to secure Hormuz shipping routes

Italian Prime Minister Giorgia Meloni said restoring freedom of navigation in the Strait of Hormuz is a key priority for Italy and the European Union, as tensions in the region continue to disrupt global energy flows.

09 Apr 2026-16:30
Kyrgyzstan, Tatarstan move to expand energy cooperation

Kyrgyzstan and Russia’s Republic of Tatarstan have agreed to deepen cooperation in the energy sector following talks held during the international Energoprom forum in Kazan.

09 Apr 2026-11:45