Showing 1 - 10 of 65
Threat of grounded planes nears as jet fuel supplies dwindle
AFP, Published on 16/04/2026
» PARIS - Could planes soon be stuck on the ground due to a lack of fuel? The risk of jet fuel shortages is growing each day the Strait of Hormuz remains closed, although it isn’t certain when exactly supplies will run out.
War in the Middle East: latest developments
AFP, Published on 14/04/2026
» The latest developments in the Middle East war:
Iran truce spurs hopes for world economy, but recovery will be rocky
AFP, Published on 08/04/2026
» PARIS (FRANCE) - The ceasefire agreed between Iran and the United States should bring some relief to a world economy that has been roiled since the start of hostilities on February 28, even if not all sectors will rebound at the same pace.
Mideast war threatens energy crisis worse than 1970s oil shocks
AFP, Published on 23/03/2026
» TEHRAN — The world faces an energy crisis worse than both 1970s oil shocks combined if the Middle East war drags on, the head of the International Energy Agency (IEA) warned Monday, as Israel launched fresh strikes on Tehran and threatened weeks more fighting.
Middle East war: global economic fallout
AFP, Published on 17/03/2026
» PARIS - Here are the latest economic events in the Middle East war on Tuesday:
Iran sets two oil tankers ablaze near Iraq
Published on 12/03/2026
» Iran has set ablaze two tankers in Iraqi waters as it stepped up attacks on oil and transport facilities across the Middle East, warning the world should be ready for oil at $200 a barrel in defiance of President Donald Trump’s claim that the United States had already won the war.
G7 leaders closer to tapping oil reserves
AFP, Published on 11/03/2026
» PARIS - The Group of Seven advanced economies inched closer on Wednesday to tapping strategic oil reserves to tackle the rise in crude oil prices due to the Middle East war as energy ministers said they stood ready to take “all necessary measures”.
Renewables outpace fossil fuels despite US policy shift: IEA
AFP, Published on 12/11/2025
» PARIS - Renewable energy is still expanding faster than fossil fuels around the world despite policy changes in the United States, with oil demand possibly peaking "around 2030", the International Energy Agency (IEA) reported on Wednesday.
Tech giants’ net zero goals ‘verging on fantasy’
AFP, Published on 26/06/2025
» PARIS - The credibility of climate pledges by the world’s tech giants to rapidly become carbon neutral is fading fast as they devour more and more energy in the race to develop AI and build data centres, researchers warned Thursday.
Methane emissions from energy sector near record high
Reuters, Published on 13/03/2024
» LONDON - Methane emissions from the energy sector remained near a record high in 2023 despite a raft of commitments from the oil and gas industry to plug leaking infrastructure, a report by the International Energy Agency (IEA) said on Wednesday.