“The supply shocks underscore the risk that oil prices could stay above $100 longer in risky scenarios with longer disruptions and greater sustained supply losses,” Goldman Sachs analysts said.
Brussels has urged EU states to lower their gas storage fill targets and begin gradual replenishment of reserves amid a surge in energy prices due to the war in the Middle East.
Against the backdrop of the ban by the head of the European Commission Ursula von der Leyen to buy Russian energy, traders are looking at thermal coal.
US President Donald Trump has listed the goals of the military operation in Iran.
Orban, speaking to reporters after blocking a 90 billion euro loan to Kiev, said he and his government “have other tools” besides withholding the financial aid Ukraine needs.
The March 19 summit of EU heads of state was supposed to focus on competitiveness and discuss comprehensive measures that would boost EU economic growth.
Due to the crisis in the Middle East, global gas prices have increased. However, Moldova has not suffered yet – the country does not import gas from this region. Moreover, purchases are made under contracts indexed one month in advance. The director general of the National Energy Regulatory Agency (ANRE), Aleksey Taran, assured that the regulated gas price will remain unchanged for the time being.
Sri Lanka has introduced additional restrictions on fuel sales amid supply problems related to the situation in the Strait of Hormuz. Now the refueling of cars depends not only on QR codes, but also on the last digit of the license plate: cars with even-numbered license plates can receive gasoline on even days, with odd-numbered license plates – on odd days.
US President Donald Trump has vowed to “blow up everything” in Iran’s South Pars gas field if Tehran attacks Qatari gas fields again.
Almost 75% of buildings in Moldova were commissioned before 2005 and built without modern energy efficiency standards. By 2050, the authorities plan to reduce consumption in the residential sector by 40.8%, and by 2030 to reduce energy consumption to 2.8 million tons of oil equivalent (or 3 million tons of primary energy).
