Articles in ‘Energy’

by Tyler Durden · Summary · Trump: "The [price of] gasoline and the oil will go down rapidly once the war’s over." GOP Sen. Collins switches vote on war powers. · Bessent on X: "Amid the impact of Economic Fury, Iran’s currency has hit an all-time low. The Iranian people deserve a new era, which the corrupt and shambolic Iranian regime cannot provide." Signals hope for uprising, regime change. · Israeli Defense Minister Katz: "soon we will…

New Zealand has been approached by the United States to join a potential multinational effort to reopen the Strait of Hormuz, one of the world’s most critical energy shipping routes. · The passage has been largely shut since the escalation of the Middle East conflict, sending shockwaves through global oil markets and raising concerns over energy security. · According to reporting, the Trump administration has instructed US embassies to lobby…

Airlines have started raising costs and cutting routes, increasing the risk of last-minute cancellations and disruption before the summer holiday season · FILE PHOTO. ©  Thomas Lohnes/Getty Images · Europe’s summer getaway is under threat as airlines slash thousands of flights amid a deepening jet fuel crunch, raising alarm among holidaymakers. Lufthansa alone is scrapping 20,000 services through October to conserve fuel, the…

Source:https://theconversation.com/wh... · The market for oil is global, which is why events like the war in Iran affect oil prices – and prices of the wide range of products made from oil – literally everywhere. Federal data shows that the price at the primary crude oil hub in the United States was US$66 a barrel in late February 2026 – before the U.S. and Israel attacked Iran – and $101 a barrel on April 13. Similar price increases have…

Authored by Tilak Doshi · When Simon Wakter, Political Adviser to Sweden’s Minister for Energy, posted on X last Wednesday with a simple “Wow, incredible article” and a clapping emoji, he captured the shock rippling through Europe’s energy commentariat. · The target of his applause was not some fringe sceptic but Germany’s own Economy and Energy Minister, Katherina Reiche. · In a guest column for the Frankfurter Allgemeine Zeitung, Reiche…

“Same as it ever was” is a phrase that continues to resonate in 2026. · Jamie Fraser/Getty Images - Author Craig Stevens Professor in Ocean Physics, University of Auckland, Waipapa Taumata Rau; Earth Sciences New Zealand · The oil shocks of the 1970s, triggered by conflict in the Middle East, sent global energy prices soaring and exposed the vulnerability of modern economies to fuel supply. They also sparked a global surge of interest…

The fallout from war between the United States, Israel and Iran has dominated global oil markets. And not just because the Strait of Hormuz, which normally carries about 20% of global oil and gas, remains effectively closed to shipping traffic. · Author Flavio Macau - Associate Dean - School of Business and Law, Edith Cowan University · Deep uncertainty about how long the disruption will continue has added a persistent “risk premium” – an…

After meeting with Marco Rubio, foreign minister Winston Peters says he made sure US understands ‘significant economic impacts on New Zealand and Pacific’ Eva Corlett · New Zealand has called on the US to send fuel tankers to the Pacific to help alleviate some of the significant economic and fuel pressure caused by the war in the Middle East. · Winston Peters, New Zealand’s foreign minister, met the US secretary of state, Marco Rubio, in…

The supply shock brought on by the conflict is teaching Brussels a vital lesson – one it will have to learn sooner or later By Ladislav Zemánek, non-resident research fellow at China-CEE Institute and expert of the Valdai Discussion Club https://www.rt.com/op-ed/authors/ladislav-zemanek/ · Gas station in Wendlingen am Neckar, Baden-Wuerttemberg, Germany, on April 6, 2026 ©  Michael Nguyen / NurPhoto via Getty Images · There …

Not Resource Poor — Policy Poor · New Zealand has been told for decades that it is an energy-dependent nation. · Too small. Too remote. Too reliant on global supply. · But the data tells a different story — not of scarcity, but of system design. · The Numbers Don’t Lie · Between April 2020 and March 2021, New Zealand produced about 1.48 billion litres of oil, condensate and LPG, exported about 1.11 billion litres of that total, and imported…