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Appetite for Turkmen gas could rise in China, Turkey and Europe amid Hormuz crisis
Disruption to Middle East supplies may have concentrated minds. Is Central Asia gas a better bet?
Iran war drives Egypt’s energy bill higher amid surging import costs
Egypt faces mounting pressure from an annual energy bill approaching $20bn, as global geopolitical tensions driven by the US-Israeli strikes on Iran and domestic production challenges complicate efforts to secure sustainable energy supplies
Serbia to extend Russian gas deal through October
Serbia expects to extend its current natural gas supply arrangement with Russia by the end of March, securing deliveries until October under a short-term annex agreement.
Slovenia becomes first European country to cap fuel sales
Government announces 50 litres per person limit for petrol sales, considers measures to prevent "petrol tourism".
Russia’s oil windfall from the Iran war masks a slower decline
Russia’s oil industry has been handed a short-term reprieve by the war in Iran and the closure of the Strait of Hormuz, but the boost from triple-digit crude prices does not alter the sector’s deeper trajectory, Sergey Vakulenko says.
Has Trump TACO'd on the Iran war?
Trump's five-day pause on Iran power plant strikes follows the classic TACO pattern of escalate-then-retreat, but analysts warn this war may be the one where the formula breaks down.
Egypt among most ill-equipped to withstand Iran war energy shock long term
Egypt is among the least equipped to absorb a long-term oil shock owing to weak macro buffers, leaving it highly sensitive to rising import costs, FX pressure, and fiscal strain.
Fuel shock in the fast lane: how Asia’s drivers are paying the price of war
The war involving the United States, Israel and Iran has sent a delayed shockwave through global energy markets and nowhere is the impact more acute than at petrol pumps across Asia.
Canada’s Woodfibre LNG project reaches 65% completion
Woodfibre LNG has reached two-thirds completion following the arrival of its 16th powerhouse module on site in Squamish, British Columbia.
LONG READ: Coal is back.
Coal is back. Having become a fuel for most of the last two decades, countries are scrambling to secure supplies of coal in the face of “ The largest supply disruption in the history,” according to the International Energy Agency (IEA).
Panama Canal operating at full capacity amid Iran conflict
The Iran conflict has pushed the Panama Canal to full capacity handling up to 38 ships per day.
Refined oil products caught in Iran war energy shock maelstrom
The sharp rise in refined oil product prices is intensifying the economic fallout from the latest energy shock, compounding the effects of disrupted crude flows and tightening supply chains.
Most Gulf and European ships likely blocked from Hormuz despite Iran's 'open to all' claim
A Russian energy analyst says Iran's "open to all" Hormuz policy would in practice block most Gulf and European shipping, as Tehran keeps the definition of "enemy" vessels deliberately vague.
Iran's military command says doctrine has shifted from 'defensive' to 'offensive'
Iran's central military command says its armed forces have formally shifted from a defensive to an offensive doctrine, promising advanced weapons and "new surprises" as the war enters its fourth week.
Iran hits two Qatari LNG trains knocking out 17% of its export capacity
Major attack on Ras Laffan plant damaged two of its 14 LNG trains as well as a gas-to-liquids facility.
War will deepen Iran’s water crisis
Iran already had a water problem before the US-Israel attack on February 28. Now it is going to get a lot worse.
US waives sanctions on Iranian oil to curb price surge amid conflict
The US Treasury Department has issued another 30-day waiver on sanctions on buying sanctioned oil on March 20; this time freeing international traders to buy Iranian oil shipments, in the hope of calming international energy markets.
Renewables supply nearly half of EU electricity in 2025
Almost half (47%) of the European Union’s electricity was generated from renewable sources in 2025, according to new data from Eurostat, which will provide a significant buffer at a time when the fossil fuel markets have been plunged into chaos.
Turkey’s diesel tax buffer evaporates amid booming oil prices and refinery margins
Annual rise in diesel price reaches 57% versus 37% on gasoline.
Kyrgyzstan: Ousted security services chief now facing corruption allegations
Suspected of involvement in scheme to skim millions while he led an anti-corruption campaign.
Saudi Arabia intercepts 27 drones launched towards the kingdom
Saudi air defences shoot down 27 Iranian drones, 26 of them over the oil-rich Eastern Province, as attacks on the kingdom's energy heartland continue into the conflict's fourth week.
Trump administration reviewing plans to seize or blockade Iran's Kharg Island
The Trump administration is reviewing plans to seize or blockade Iran's Kharg Island, which handles 90% of the country's oil exports, to force Tehran to reopen the Strait of Hormuz
Israel's South Pars missile strikes knock out a fifth of Qatar's LNG production
Iran’s missile strikes on Qatar’s Ras Laffan LNG complex at the start of the war sent a shock wave through the $400bn global LNG market. Israel’s attack on South Pars gas complex on March 18 has locked in the worst case scenario.
Iran begins charging vessels to transit Strait of Hormuz through IRGC-controlled 'safe corridor'
Iran begins charging up to $2mn per vessel for passage through a new IRGC-controlled "safe corridor" in the Strait of Hormuz, with India, China, Pakistan and Iraq among countries negotiating access.
Iran’s permits-for-passage through Hormuz system is developing fast
Iran has begun extracting payments of up to $2mn per tanker for passage through the Strait of Hormuz, as the informal permits-for-passage system allowing only tankers from “friendly countries” through develops quickly.
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