How 50 days of the Iran war led to the loss of $50 billion worth of oil
Today 12:30pm
The world has lost over $50 billion worth of crude oil that has not been produced since the Iran war began nearly 50 days ago and the aftershock of the crisis will be felt for months and even years to come.
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‘We are not going back’: Iran war forces global energy shift
Today 12:30pm
This week’s gathering of financial heavyweights at the International Monetary Fund and World Bank spring meetings in Washington made one thing clear: The Iran war is setting the world on a new energy path.
Burning wood for power worse for climate than gas equivalent, report finds
Today 12:30pm
Research casts doubt on plans by the UK government to offer subsidies for carbon capture attached to the power source.
Tehran will never cede control of Strait of Hormuz, senior Iranian politician tells BBC
Today 12:30pm
"Never." That's when a senior Iranian lawmaker says they'll be ready to give up their control of the Strait of Hormuz.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
Today 12:30pm
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
Europe has 'maybe six weeks of jet fuel left', energy boss warns
Mon 20 Apr 2026
Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.
Judge dismisses Trump administration’s bid to block Hawaii climate lawsuit
Mon 20 Apr 2026
It was the second defeat for the Trump administration’s unusual litigation to stop states from acting on climate change.
IMF warns EU not to offset the energy price spike too much
Mon 20 Apr 2026
European governments should not excessively shield businesses and consumers from more expensive energy because that distorts the price signal to cut consumption and could be fiscally very expensive, the International Monetary Fund said.
Thousands protest in Germany urging faster shift to renewable energy, amid Iran war
Mon 20 Apr 2026
Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.
‘A disturbing lack of integrity’: Columbia students file complaint against energy thinktank taking big oil money
Mon 20 Apr 2026
thinktank at Columbia University is engaging in deceptive trade practices by hiding the extent of its financial ties to the fossil fuel industry, according to a first-of-its-kind administrative complaint filed by student activists and shared with the Guardian.
