GLOBAL TURMOIL & LOCAL RELIEF: A Decision in favour of the Poor
At a time when the entire world is caught in the grip of an economic crisis, tensions between the United States and Iran have not only negatively affected the economies…
White House Weighs Defense Production Act as US Refineries Run at Near-Full Capacity
WASHINGTON 12 SEPTEMBER 2026 (Agencies) – The White House is considering invoking the Defense Production Act to expand US oil refining capacity, as American refineries run at 98 percent capacity…
US Limits Air Defense Time Slots for Tankers in Strait of Hormuz – FT Reports
Washington, 12 September 2026 (Agencies) — The United States has restricted air defense protection for tankers sailing through the Strait of Hormuz to specific time slots daily, the Financial Times…
US, Gulf States Explore Routes to Bypass Iran’s Control of Key Oil Chokepoints
WASHINGTON, August 12, 2026 (Agencies) — The United States and its Gulf allies are exploring major infrastructure projects aimed at reducing their dependence on two critical energy chokepoints — the…
Iran-US Strikes Enter Ninth Day as Conflict Escalates Across Region
DUBAI, 20 July 2026 (Agencies) – Iran and the United States exchanged fresh attacks early Monday as their confrontation entered a ninth day, with Washington confirming new strikes inside Iran…
Russia Eyes Large-Scale Gasoline Imports From India as Drone Strikes Cripple Refining Capacity
NEW DELHI/MOSCOW June 26, 2026 (Agencies) — Russia is preparing to initiate large-scale gasoline imports from India to stabilize its domestic energy market and bridge a severe fuel deficit triggered…
China’s Oil Buying Pause Nears Its End, Threatening New Price Surge at Worst Possible Time
Beijing, May 30, 2026 (Agencies) – China has been quietly cushioning the world from the full force of the Middle East oil crisis by drawing down its vast strategic reserves…
Sri Lanka Raises Electricity Tariffs Amid Deepening Energy Crisis
Colombo, May 11, 2026 (Agencies) – Sri Lanka will raise electricity tariffs by up to 18 percent starting Monday as the country battles worsening energy costs linked to Middle East…
Iran War Could Bring Billions to US Energy Firms – FT
WASHINGTON, March 16, 2026 (Reuters) — The United States could emerge as one of the biggest beneficiaries of soaring global energy prices triggered by the ongoing US-Israeli war against Iran,…