energy crisis
European Heatwave Triggers Energy Crisis as LNG Supplies Dwindle and Nuclear Plants Throttle Back
Europe faces a perfect storm of energy challenges as an intense heatwave compounds supply disruptions, with American liquefied natural gas increasingly flowing to...
Cuba Faces Second Nationwide Blackout as Economic Crisis Deepens
Cuba descended into darkness late Friday as the island suffered its second nationwide blackout within days, a stark indication that the Caribbean nation's...
Global Crises Converge as Climate Extremes, Geopolitical Tensions, and Energy Shocks Reshape 2026
An extraordinary convergence of crises is reshaping the global landscape in ways that appear increasingly difficult to manage through conventional policy responses. Record...
ECB Officials Warn Peace Deal With Iran Won’t Prevent Further Rate Hikes
A potential peace agreement between the United States and Iran may bring diplomatic relief, but European Central Bank officials are making clear it...
Nigeria’s Power Crisis Deepens as Generation Plummets Nearly 20 Percent in Single Day
Nigeria's electricity sector delivered fresh disappointment to millions of consumers and businesses on Thursday as power generation plummeted to just 3,527.76 megawatts, representing...
LCCI: Nigerian Private Sector Struggling as Businesses Battle Rising Costs and Economic Pressures
Leye Kupoluyi, President and Chairman of Council of the Lagos Chamber of Commerce and Industry, has raised concerns over the worsening state of...
Nigeria’s Power Crisis: Why DisCos Are Not the Real Problem Behind Persistent Blackouts
Every time electricity goes out in Nigeria, attention quickly turns to distribution companies such as Eko Electricity Distribution Company or Ikeja Electric, which...
India Raises Fuel Prices as Iran War Disrupts Global Oil Supply
India’s state owned oil companies have increased petrol and diesel prices by more than three percent as the ongoing Iran war continues to...
Trump Plans Gasoline Tax Suspension As Fuel Prices Surge Amid Iran War
United States President Donald Trump has announced plans to suspend the federal gasoline tax in response to rising energy costs linked to the...
Fuel Price Hike Forces FCT Residents to Abandon Cars as Transport Costs Surge
Many car owners in the Federal Capital Territory have been forced to abandon their personal vehicles and resort to public transportation following the...
