Tag:

Global Energy

Energy markets on edge as Middle East conflict escalates

Global oil prices climbed sharply in early trading on Wednesday as renewed military tensions in the Middle East heightened concerns over potential disruptions to energy supplies.

03 Jun 2026-04:51
S. Korea, African nations explore cooperation on energy and supply chains

Foreign ministers from South Korea and dozens of African countries gathered in Seoul on Monday to discuss ways to strengthen cooperation for shared growth and to jointly address supply chain disruptions and other global challenges, according to Seoul's foreign ministry.

01 Jun 2026-11:40
The return of nuclear energy: Why the world is reconsidering atomic power after years of decline

For decades, nuclear energy was viewed by many countries as a controversial and declining industry. Major disasters such as Chernobyl disaster and Fukushima Daiichi nuclear disaster triggered public fear, political opposition, and strict regulations across much of the world.

19 May 2026-23:16
What does BYD overtaking Tesla in battery storage mean for the global energy industry?

Chinese electric vehicle giant BYD has reached a major milestone in the global clean energy race by overtaking Tesla in battery energy storage systems while simultaneously accelerating the rollout of its ultrafast charging network. The development signals a major shift in the global electric mobility and renewable energy sectors, where Tesla had long been viewed as the dominant force in innovation, battery systems, and charging infrastructure.

15 May 2026-06:48
Why global energy volatility is becoming the world’s next crisis

The global energy market is once again facing one of its most unstable periods in recent years as geopolitical tensions, supply concerns, shifting alliances, and economic uncertainty combine to create major volatility in oil and gas prices.

09 May 2026-21:58
How the Iran crisis is reshaping global politics and energy

The Middle East has once again become the center of global attention as tensions involving Iran, Israel, the United States, and regional powers continue to escalate in 2026.

09 May 2026-21:32
Will refinery outages tighten Australia’s fuel supply amid global disruptions?

Australia's leading fuel refiner and retailer Viva Energy said on Monday that fuel production at its Geelong refinery will remain constrained for at least six weeks following a fire in April, tightening supplies as global markets face disruption from the Middle East conflict.

04 May 2026-10:20
S&P Global lowers oil demand outlook on Iran war

S&P Global Energy has reduced its global oil demand forecast for 2026 by 700,000 barrels per day, as the U.S.–Iran war disrupts energy supplies from the Middle East and weakens demand in the second quarter, consultant Ethan Ng said on Thursday.

23 Apr 2026-11:57
Strait of Hormuz crisis deepens as shipping nearly halts amid US Iran tensions

Editor’s note: Faig Mahmudov is a journalist based in Azerbaijan covering regional security, foreign policy, and geopolitical developments. The views expressed in this article are his own and do not necessarily reflect the official position or editorial stance of News.Az.

22 Apr 2026-10:13
Can alternative routes replace the Strait of Hormuz?

Rising tensions in the Middle East are no longer viewed solely as a short term geopolitical shock.

21 Apr 2026-10:28