Europe’s latest energy warning reflects a shift in the nature of the continent’s energy problem. The European Union is not currently describing an immediate physical shortage of gas and electricity, but it is facing a combination of high prices, disrupted… Read More ›
Iran has put a precise seven-day timetable at the heart of its latest diplomatic proposal to the United States, offering to reopen the Strait of Hormuz and restart comprehensive nuclear negotiations if Washington accepts its conditions. The importance of the… Read More ›
The global economy is absorbing the latest Middle East energy shock better than initially feared, and a major reason is the unusually strong investment cycle surrounding artificial intelligence. Spending on data centres, advanced computing equipment and semiconductor production is supporting… Read More ›
Iran’s proposal to reopen the Strait of Hormuz has introduced a potentially important bargaining mechanism into the stalled effort to end the war with the United States. Tehran has indicated that shipping through the strategic waterway could resume within days… Read More ›
The shutdown of Saudi Arabia’s East-West pipeline has exposed a weakness in Asia’s crude oil supply system that extends well beyond one damaged export route. The pipeline normally provides Saudi Arabia with an alternative path from its major eastern oil-producing… Read More ›
China is approaching its latest meeting with the United States from a position shaped less by diplomatic symbolism than by the continued strength of its external trade. Despite years of tariffs, restrictions on technology and efforts by Washington and its… Read More ›
Chevron is deepening its commitment to Venezuela at a moment when the country’s long-neglected oil industry is being repositioned as a major target for international investment. The US energy major plans to invest more than $7 billion over five years… Read More ›
The latest escalation in the Canada-US trade dispute is exposing a basic reality of tariffs: the financial burden does not stop at the border. Although governments impose tariffs on imported goods, the eventual cost can be divided among importers, manufacturers,… Read More ›
Canada’s decision to recruit 64 internationally recognised researchers, including 48 based at American institutions, represents more than a conventional university hiring campaign. It is a calculated attempt to use a period of uncertainty in the United States to strengthen Canada’s… Read More ›
Europe is entering the final months before winter with natural gas inventories well below levels seen in recent years, increasing the possibility of higher prices if supplies remain constrained or temperatures become unusually cold. European Union storage facilities were around… Read More ›
