Australia Weighs Fuel Rationing as NZ Mulls Car-Less Days
New Zealand is considering reviving 1970s-era car-less days legislation to combat fuel shortages, while Australia relaxes standards and stockpile rules amid Middle East supply disruptions.
Category : Energy
Miliband's Fuel Finder Tip as Prices Soar 9%
Ed Miliband recommends a government app to find cheapest fuel as diesel prices jump 9% since February. Rachel Reeves warns against profiteering amid Middle East tensions.
Ex-Minister Warns of 'Weaponisation of Everything' Post-Trump
Robert Habeck, Germany's former economy minister, states that the world has shifted from weaponising energy to using tariffs and technology as political weapons since Donald Trump's re-election, highlighting ongoing global security shocks.
Energy Price Surge Debunked: Renewables Not to Blame
As UK energy bills soar, critics falsely blame net zero policies. The real culprit is fossil gas pricing, with renewables being the cheapest source of electricity.
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US Eases Sanctions on Russian Oil to Stabilise Energy Markets
The US has issued a 30-day waiver allowing countries to buy sanctioned Russian oil stranded at sea, aiming to ease energy market disruptions caused by the Iran war, with oil prices already dropping in Asia.
Australia Releases 20% of Fuel Stockpile Amid Security Reassurances
Australia will release nearly 20% of its fuel stockpile to bolster supply security, with Energy Minister Chris Bowen insisting the country is nowhere near running out of fuel.
US Better Understands Russian Oil Importance, Says Putin Envoy
Russian negotiator Kirill Dmitriev states Washington is recognizing the significance of Russian oil during global energy turmoil, following talks with US counterparts on Ukraine.
Australia Eases Fuel Stockpile Rules for Regional Supply Boost
Energy Minister Chris Bowen has reduced national fuel stockpile requirements for petrol companies, aiming to facilitate easier supply releases to regional areas, with diesel and petrol stocks lowered significantly.
Reeves Demands Fuel Price Crackdown Amid Iran War
Chancellor Rachel Reeves has called on the competition watchdog to crack down on rip-off fuel prices ahead of a Downing Street meeting with energy bosses, warning against profiteering during the Iran conflict.
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Reeves Warns Fuel Firms on Iran War Profiteering
Chancellor Rachel Reeves and Energy Secretary Ed Miliband will meet fuel industry leaders at Downing Street to address concerns over price hikes following Middle East conflict.
IEA: Trump's War Causes Worst Oil Crisis Since 1970s
The International Energy Agency warns Donald Trump's Middle East war has created the largest oil supply disruption in history, surpassing the 1970s crisis. Prices surge past $100 a barrel, threatening UK growth and household budgets.
Australian Fuel Crisis Looms as Labor Government Faces Scrutiny
The Labor government struggles to address fears of fuel shortages amid the Middle East crisis, with motorists facing higher prices and regional towns already out of supply.
Batlow Petrol Station Stops Selling Fuel Over Price Fears
The sole service station in Batlow, NSW, has ceased fuel sales to prevent charging locals up to $3 per litre amid a national crisis. Residents now drive 25 minutes for petrol as apple growers face mounting costs.
Miliband Told to Block Musk's Tesla UK Energy Licence
Energy Secretary Ed Miliband faces calls to intervene after Ofgem granted Tesla an electricity supply licence, with critics citing national security concerns over Elon Musk's political activities.
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Iranian Missiles Hit Thai Ship, IEA Warns of Historic Oil Crisis
The International Energy Agency warns of the largest oil supply disruption in history as Iranian attacks block the Strait of Hormuz, pushing prices above $100 per barrel despite emergency reserve releases.
US Energy Chief Clarifies Deleted Hormuz Post as Oil Prices Soar
US Energy Secretary Chris Wright takes responsibility for a misleading social media post about the Strait of Hormuz while addressing oil price fears amid the US-Israel war on Iran.
Starmer Pledges Treasury-NI Executive Heating Oil Support
Prime Minister Keir Starmer commits to coordinating with Northern Ireland's Executive to address soaring heating oil costs, impacting over 60% of households in the region amid global tensions.
Iran War Undermines Trump's 'Drill, Baby, Drill' Promise
The US-Israeli war on Iran has disrupted global oil markets, highlighting vulnerabilities in fossil fuel dependence and undermining Trump's pledge for lower energy prices through increased drilling.
Iran Threat in Hormuz Straits Triggers Global Energy Crisis
Iran's threats to shipping in the Strait of Hormuz have caused oil prices to surge above $100, disrupting global energy markets and threatening food supplies due to fertiliser shortages, with China potentially turning to Russia.
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Trump Releases Oil Reserves to Ease Iran War Gas Price Surge
The Trump administration will release 172 million barrels from emergency oil reserves to curb rising fuel costs triggered by the Iran conflict, coordinating with international allies.
Iran War Sparks EV Interest Amid Rising Gas Prices in US
The ongoing Middle East conflict is driving up fuel costs, prompting American motorists to reconsider electric vehicles for financial stability and energy security.
Tesla Wins Approval to Supply Electricity to UK Households
Elon Musk's Tesla Energy Ventures has been granted a licence by Ofgem to supply electricity to households and businesses across England, Wales, and Scotland, following a seven-month review.
UK Braces for Middle East Crisis Impact on Energy Prices
Internal government analysis warns oil could hit $150 a barrel if Middle East conflict persists until May, potentially raising annual energy bills by £500 and undermining subsidies.
Slow Cooker Costs Fall to £23.09 Yearly From April
Ofgem's energy price cap reduction means households using slow cookers weekly will pay just £23.09 annually from April 1, offering significant savings over conventional ovens.
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US Dismisses Iran's $200 Oil Threat Amid Hormuz Tensions
US Energy Secretary Chris Wright says global oil prices are unlikely to hit $200 a barrel despite Iran's warning, citing military focus on Iran's capabilities and delayed ship escorts in the Strait of Hormuz.
Tesla Gains UK Licence to Supply Electricity to Homes
Ofgem has approved Tesla Energy Ventures to operate as an electricity supplier in Britain, introducing a new competitor to the UK energy market amid rising utility bills.
Lufthansa Pilots Strike Over Pensions, Grounding Flights
A 48-hour pilot strike at Lufthansa disrupts flights across Germany due to pension disputes, with the airline operating over 50% of its schedule and offering rebooking options.
Iran Suicide Boats Trigger Major US Oil Crisis in Middle East
Explosive-laden Iranian boats have attacked multiple fuel tankers in Gulf waters, killing a crew member and escalating tensions with US and Israeli forces, disrupting global oil shipping.
Iran Conflict Creates Largest Oil Supply Disruption in History
The International Energy Agency warns the Iran conflict has caused the largest oil supply disruption ever, with Strait of Hormuz flows reduced to a trickle and prices soaring above $96 per barrel.
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World Braces for Historic Oil Crisis as Oil Prices Surge
The International Energy Agency warns of the worst oil supply disruption in history after attacks in Iraqi waters. Iran cautions prices could hit $200 per barrel amid escalating tensions.
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