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Last update: 10 hours ago

Russian Oil Sanctions Softened: The UK eased sanctions on Russian jet fuel and diesel refined in third countries, issuing an “indefinite” trade licence and a temporary LNG loosening as Iran-war pressure and the Strait of Hormuz squeeze fuel supplies—prompting EU criticism that it’s not the moment to “ease pressure on Russia.” India-Italy Partnership Boost: PM Narendra Modi wrapped up his Italy visit by upgrading ties with Giorgia Meloni to a “Special Strategic Partnership,” targeting €20bn trade by 2029 and expanding cooperation across defence, energy, AI, and critical minerals. Global Economy Hit by Energy Shock: The UN cut its 2026 growth outlook and lifted inflation risks, blaming the Middle East energy crisis and high oil prices. EU Sanctions Pressure Point: Brussels faces renewed calls to finally table a promised permanent Russian oil ban bill as some G7 states waver. Energy Supply Watch: Cyprus approved the Cronos gas field plan, aiming for first shipments to Europe via Egypt in 2028.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

AGP Wire

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May 18, 2026

NEUMAN & ESSER and Graforce to unveil low-carbon hydrogen plant at PRC Europe 2026

EIN Presswire

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May 14, 2026

Europe vehicle electrification market seen reaching $15.6B by 2033

EIN Presswire

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May 14, 2026

Gas engines market seen hitting $9.4 billion by 2033

EIN Presswire

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May 15, 2026

Waste to energy market seen reaching $49.7 million by 2033

EIN Presswire


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From Europe to Asia: how international arbitration is reshaping the global natural gas price war

From Europe to Asia: how international arbitration is reshaping the global natural gas price war

EU lawmakers push to scrap Microsoft-backed energy secrecy rule for data centers

EU lawmakers push to scrap Microsoft-backed energy secrecy rule for data centers

EU slashes eurozone 2026 growth forecast on Mideast war

EU slashes eurozone 2026 growth forecast on Mideast war


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41 minutes ago

Energy And Utilities Construction Market Report 2026| Business Growth Factors, Current and Future Trends till 2030

EIN Presswire

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41 minutes ago

Energy-Based Aesthetic Devices Industry Report: Competitive Landscape and Future Prospects

EIN Presswire

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3 hours ago

Fusion Fuel Announces BrightHy Solutions Will Construct and Operate 2 MW Industrial Green Hydrogen Project for Çimsa Cementos in Spain

GlobeNewswire, Inc.

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4 hours ago

EIF commits EUR 200 million to Copenhagen Infrastructure Partners to scale European biogas production

GlobeNewswire, Inc.

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4 hours ago

USA Rare Earth Selected for U.S. Department of Energy Funding Under Critical Materials Innovation Program

GlobeNewswire, Inc.

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3 hours ago

ZenaTech Signs Offer to Acquire Alberta, Canada-based Land Surveying Company, Expanding Drone as a Service into the Oil and Gas Industry Drone Inspection Market Growing at over 28% Annually

GlobeNewswire, Inc.

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