Tag: energy

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EU urges reopening of the Strait of Hormuz and stopping strikes on energy and water infrastructure

EUROPEAN COUNCIL European Interest -
European leaders have issued a formal call for the reopening of the Strait of Hormuz, alongside a request for a moratorium on attacks targeting...

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...

Russia is the only winner of the war in the Middle East, says EU Council President António Costa

EUROPEAN COUNCIL Theodoros Benakis -
In a speech to EU ambassadors in Brussels on Tuesday, the EU Council President, António Costa, said that from the war in the Middle...

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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