Search For "global energy crisis"
"Remain silent or be targeted": IRGC enforces lethal "no-move" zone in Str
Updated : 2 months, 2 weeks ago IST
The IRGC has enforced a maritime blockade in the Strait of Hormuz, targeting vessels that move "even a few metres" without permission. With 14 tankers reportedly hit, the paralysis of this vital oil route has forced the US and IEA to release millions of barrels from strategic reserves.
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Growth in global oil demand is set to slow significantly by 2028
Updated : 2 years, 11 months ago IST
New IEA medium-term report sees oil use for transport going into decline after 2026, but overall consumption is expected to be supported by strong petrochemicals demand. Growth in the world's demand for oil is set to slow almost to a halt in the coming years, with the high prices and securit
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India demonstrated resilience in face of global energy crisis: Hardeep Pur
Updated : 3 years, 8 months ago IST
New Delhi [India] September 11 (ANI): India has demonstrated great resilience in the face of the global energy crisis, said Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, adding that the government's measures to minimize and mitigate the volatility served the purpose.
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Oil prices dip 3rd day in row as EU pauses on Russian energy sanctions pla
Updated : 4 years, 1 month ago IST
New York [US], April 8 (ANI/Sputnik): Oil prices fell for a third straight day on Thursday after the European Union paused on an immediate ban of Russian coal and other energy imports, providing itself some breathing room amid the global energy crisis.
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