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Tag:
Energy Supply
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Australia has announced it has secured an additional 100 million litres (around 628,000 barrels) of diesel as part of measures aimed at protecting fuel supplies from global instability linked to the ongoing conflict in the Middle East.24 Apr 2026-11:16
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Georgian company Black Sea Petroleum (BSP), which owns the country’s only oil refinery in Kulevi (Kulevi Oil Refinery), plans to fully phase out Russian crude and rely instead on Azerbaijan’s transit infrastructure to access alternative supplies. The announcement was made by BSP co-founder and CEO David Potskhveria in an interview with BMGTV.15 Apr 2026-08:58
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South Korea has signaled it is willing to participate in international efforts to ensure safe and free passage through the Strait of Hormuz, its foreign ministry said.21 Mar 2026-12:42
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Saudi Aramco warned that continued disruption to shipping in the Strait of Hormuz could have “catastrophic consequences” for global oil markets as the conflict involving Iran intensifies.10 Mar 2026-12:59
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India has invoked emergency powers and ordered oil refiners to maximize production of liquefied petroleum gas (LPG) to prevent potential shortages of the cooking fuel following supply disruptions linked to the Middle East crisis, according to a government order.06 Mar 2026-12:12
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Middle East remains the epicenter of global hydrocarbon supply.02 Mar 2026-23:11
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Energy security has moved from being a cyclical concern to a permanent structural issue in global politics and economics.12 Feb 2026-22:35
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Editor’s note: Zaur Nurmamedov is a journalist, a graduate of the Faculty of Political Science at the Academy of Public Administration under the President of the Republic of Azerbaijan (1993–1999), and the former First Deputy Editor-in-Chief of the Vesti.Az news portal (2009–2023). The views expressed in this article are the author’s own and do not necessarily reflect the position of News.Az.23 Jan 2026-08:41
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