International
Australia and Singapore have signed a new energy security agreement to strengthen coordination and protect the uninterrupted flow of key fuel supplies as tensions linked to the Iran conflict continue to disrupt global markets. The two countries said the cooperation will focus on diesel and liquefied natural gas, reflecting growing concern over supply chain resilience […]
International
Iran has warned that any attack on its electricity infrastructure will trigger retaliatory strikes on Israeli power plants and regional facilities that supply electricity to American military bases. The statement from the Islamic Revolutionary Guard Corps marks another sharp escalation in the widening conflict, with threats now extending beyond military targets to critical
International
The head of the International Energy Agency has warned that the global economy is facing a major threat as the current energy shock combines elements of past oil crises with fresh gas market disruption. Speaking in Canberra, IEA Executive Director Fatih Birol said the ongoing conflict has created one of the most serious energy emergencies […]
International
U.S. Treasury Secretary Scott Bessent said Washington has enough money to fund the war with Iran, even as the administration prepares to seek additional support from Congress to keep the military supplied for a potentially longer conflict. His remarks came amid rising scrutiny over the financial cost of the war and the broader economic consequences […]
International
Cuba suffered another nationwide blackout after its national power grid collapsed for the second time in a week, leaving millions without electricity and deepening the country’s worsening energy crisis. The latest outage also marked the third major grid failure reported in March, underlining the strain on Cuba’s fragile power system. Cuba Nationwide Blackout Leaves