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
International
Bangladesh is moving to secure around $2 billion in fresh external funding as it struggles with soaring fuel and LNG costs during the wider West Asia crisis. The push comes as Dhaka tries to protect energy supplies, manage import pressure and avoid deeper disruption to electricity generation and industrial activity. Bangladesh Seeks $2 Billion Energy […]
National
Air India has warned that rising jet fuel costs triggered by the West Asia conflict could weaken travel demand and force the airline to consider cutting some flights if costs remain elevated. The warning reflects the growing pressure on carriers as fuel prices surge and fare hikes become harder to pass on fully to passengers. […]
International
Italy Cuts Fuel Taxes as Energy Costs Rise Italy has approved a temporary cut in fuel excise taxes to cushion households and businesses from rising energy costs linked to the Middle East conflict. Prime Minister Giorgia Meloni said the measure would reduce fuel prices by €0.25 per litre, part of a broader emergency package aimed […]
International
Sri Lanka has declared every Wednesday a public holiday as part of emergency fuel-saving measures, becoming one of several Asian countries responding to the impact of the West Asia conflict on energy supplies. The decision effectively creates a four-day workweek for many state institutions as Colombo tries to reduce fuel use and avoid deeper disruption […]
International
Russia has announced a partial ban on diesel exports and an extension of its gasoline export ban through the end of 2025. The measures are aimed at prioritising domestic fuel availability amid supply pressures. Reason Behind Move The decision follows a series of Ukrainian drone attacks on Russian oil refineries, which disrupted refining operations and […]