Today’s news
War in the Middle East Disrupts Global Energy Supply Chain
Attacks on Gulf energy infrastructure and the Strait of Hormuz threaten China's discounted oil imports and raise manufacturing costs worldwide.
Iran War Disruption Spurs Global Shift to EVs, Solar, and Heat Pumps
Rising energy prices amid the Iran conflict are driving consumer demand for electric vehicles, solar panels, and heat pumps as alternatives to costly oil and gas.
IEA orders largest-ever release of oil reserves to calm price shock
The move comes after US-Israeli attacks on Iran triggered a global oil crisis.
