Energy Policy News

Trump Pauses Iran Strikes as Hormuz Deal Pledged, Oil Markets Reprice Risk

Trump paused new Iran strikes after regional powers pledged a swift agreement to reopen the Strait of Hormuz

Aug 3, 2026

🇦🇪 UAE / MENA

Brent Crude Plunges $4.71 to $83 as Trump Pursues Iran Hormuz Deal

Brent crude fell more than $4.71 to around $83.22 as Trump withheld Iran strikes and pursued a Hormuz deal

Aug 3, 2026

Oil Plunges 5% as Trump Suspends Iran Strikes, Eyes Hormuz Deal

WTI crude oil fell sharply in Asian trade after President Trump suspended new strikes on Iran

Aug 3, 2026

Oil Price August 3: Brent Falls to $83.56, WTI to $80.00 as Trump Delays Iran Attack

Brent crude fell $4.37 (5%) to $83.56/bbl on August 3 as Trump delayed Iran attack

Aug 3, 2026

🇬🇧 United Kingdom

Gold's Steady Climb and Lower Fees Edge Out Silver's Volatile 60% Surge for ETF Investors

Silver surged 60% in one year but experienced 52% maximum drawdowns, while gold climbed steadily with half the volatility and lower ETF fees.

Aug 2, 2026

Relentless European Heat Waves Disable Historic Power Sources, Driving Surge in Fossil Fuel Imports

Relentless European heat waves are disabling historically reliable nuclear and hydro power sources, forcing the continent to import more fossil fuels and pressuring TTF gas prices and EU carbon allowances.

Aug 2, 2026

Hungary Faces Imminent Shutdown of Sole Nuclear Plant as Danube Water Levels Drop Critically

Hungary may shut its sole nuclear plant as early as this weekend after Danube River water levels dropped critically, creating an acute power supply gap and forcing costly emergency electricity imports.

Aug 2, 2026

India Cuts Commercial LPG Prices by ₹209 per 19-kg Cylinder, Domestic Rates Unchanged

Oil marketing companies reduced commercial LPG cylinder prices by ₹202–₹209 per 19-kg cylinder across major Indian cities from August 1, 2026, leaving domestic rates unchanged.

Aug 1, 2026

Bitcoin Miners' AI Pivot Strips Texas Power Grid of Its Emergency Safety Net

Texas set two consecutive all-time electricity demand records of 91,308 MW and 87,403 MW in late July 2026

Aug 1, 2026

Shree Cement Q1 FY27 Profit Falls 29%, Misses Estimates as West Asia Energy Shock Hits Margins

Shree Cement Q1 FY27 profit fell 29% year-over-year, missing analyst estimates as Iran war-driven energy cost spikes compressed margins at one of India's largest cement producers.

Aug 1, 2026

🇬🇧 United Kingdom

Britain'\''s Solar Installation Boom Hits 15-Year High as Fossil Fuel Shock Drives Energy Pivot

Great Britain recorded its highest solar panel installation rate in 15 years in H1 2026, driven by fossil fuel cost spikes from the US-Israel-Iran conflict accelerating the economic case for solar investment.

Aug 1, 2026

Italy Tops EU LNG Imports in July as Government Incentives Drive Aggressive Cargo Competition

Italy became Europe's top LNG importer in July as government incentives supported purchases despite soaring prices, signaling Italy's strategic energy pivot away from Russian pipeline gas.

Aug 1, 2026

🇬🇧 United Kingdom

Eurozone Inflation Climbs to 2.9% in July, Energy Shock Puts ECB September Rate Cut in Doubt

Eurozone inflation rose to 2.9% in July as the Middle East conflict drives energy costs higher, complicating the ECB's September rate decision and pressuring growth-sensitive European sectors.

Aug 1, 2026

India Q1 FY27 Crude Import Bill Hits Record $50B as Rupee Weakness Amplifies West Asia Costs

India's Q1 FY27 crude oil import bill hit an all-time high of $50 billion as West Asia conflict premiums and rupee depreciation amplified costs despite similar import volumes.

Aug 1, 2026

France Shuts Golfech-2 Nuclear Reactor as 40°C European Heat Wave Forces EDF Capacity Cutbacks

EDF shut down the Golfech-2 nuclear reactor in southern France as a blistering heat wave pushed temperatures toward 40°C across parts of Europe

Jul 31, 2026

Turkey Signals Iraq Pipeline Oil Flows Continue Despite Expired Deal as Formal Talks Proceed

Turkey expects crude oil flows from Iraq to continue despite failure to replace a decades-old pipeline deal that expired on Monday

Jul 31, 2026

🇸🇬 Singapore

Oil Surges 21% in July as US-Iran War Strains Global Supply Chain

Oil prices headed for a 21% monthly surge in July as the US-Iran conflict severely constrained Middle East energy supply routes

Jul 30, 2026

Oil Surges 7% as Trump Iran Threats Rattle Energy Markets Hours Before Fed Decision

Oil prices jumped more than 7% as renewed US-Iran tensions threatened critical shipping waterways

Jul 30, 2026

Oil Prices Surge on Fresh Middle East Strikes and API Crude Draw

Oil prices spiked in early Asian trade Wednesday, erasing Tuesday's selloff on renewed Middle East hostilities and a bullish API crude inventory draw

Jul 29, 2026

🇨🇳 China

CATL Launches China's Largest A-Share Buyback After 43.2B Yuan H1 Profit; EV Charging Up 43%

CATL announced China's largest-ever A-share buyback programme after reporting 43.2 billion yuan in H1 2026 profit, signaling management confidence in long-term value

Jul 29, 2026

🇰🇷 South Korea

KG Eco Solution Secures Marine Biofuel Supply Contracts with Three of Korea's Four Major Refineries

KG Eco Solution has secured marine biofuel supply agreements with three of Korea's four largest domestic refineries

Jul 29, 2026

Oil Rebounds After Three-Day Drop as Iran Attacks US Military Base, Reigniting Middle East Risk Premium

Oil prices rebounded from a three-day decline after Iran launched fresh attacks on a US military base in the Middle East

Jul 28, 2026

🇰🇷 South Korea

South Korea Extends Oil Price Controls and CJ Logistics Partners on AI Packaging — Government Acts as Crude Volatility Persists

South Korean President Lee Jae-myung directed continued oil price caps and maintained fuel tax cuts until geopolitical volatility from Middle East tensions subsides.

Jul 28, 2026

Country Ca

US Pauses Iran Strikes for Second Night as Houthi-Saudi Skirmishes Escalate Near Red Sea Chokepoint

The US halted its almost two-week campaign of strikes against Iran for a second consecutive night, according to Financial Post reporting

Jul 26, 2026

Deadly Chile Storm Disrupts Copper Mines, Sparking AI Supply Chain Concerns as Metals Boom Faces Weather Risk

A deadly storm in Chile disrupted copper mining operations, raising concerns about supply continuity for AI infrastructure buildout and electrification

Jul 26, 2026

Oil Tumbles 5%+ as US-Iran Ceasefire Signal Eases Geopolitical Risk Premium

WTI crude dropped 5.39% to $84.47 and Brent fell 5.15% to $91.80 in Asian trade on Monday

Jul 26, 2026

🇰🇷 South Korea

White House Pledges to Meet South Korea Energy Demand with Alaska LNG Leading Initiative

A White House official confirmed the US will meet South Korea's energy demand needs, with an Alaska LNG project reportedly identified as the first initiative.

Jul 26, 2026