ASIA

European Union considers measures to ensure the Strait of Hormuz remains accessible

EUROPEAN COUNCIL European Interest -
The European Union announced on Monday its intention to explore methods for ensuring the continued accessibility of the Strait of Hormuz amidst rising energy...

Germany and Austria to release their reserve oil in an attempt to stabilise rising prices

AUSTRIA Theodoros Benakis -
Germany and Austria have announced they will release parts of their oil reserves following a request from the International Energy Agency (IEA) for its...

European Commission is working to lower energy prices

ENERGY Theodoros Benakis -
The European Commission unveiled a new plan to help member states invest in clean energy, as the ongoing war in Iran underscores the dangers...

German Vice Chancellor has serious doubts that this ​war is legitimate under ​international law

GERMANY Theodoros Benakis -
German Vice Chancellor and Finance Minister Lars Klingbeil, co-leader of the Social Democratic Party (SPD), a partner party in the coalition government, told RND...

Oil prices jump up as Iran war enters second week

ENERGY Theodoros Benakis -
World economies are trying to find ways to cope with spiking oil prices and increasing difficulties in oil shipping and production as the conflict...
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