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The House voted 215-208 on Wednesday to direct President Donald Trump to withdraw U.S. forces from the Iran conflict, with four Republicans crossing the aisle in the most significant congressional pushback on Operation Epic Fury since the war began Feb. 28. The resolution, introduced by Rep. Gregory Meeks (D-N.Y.), invokes the 1973 War Powers Act […]

Pakistan has issued a new tender for LNG, to the amount of 1 million tons, The Nation reported today, citing the seasonal increase in electricity demand as summer heat sets in. This is the fourth LNG tender for the spot market over the last two months as the country grapples with the fallout from the

A regulatory overhaul of India’s grid has sparked fears in the solar power industry that they may suffer a negative impact on profitability. The overhaul includes a stipulation regarding penalties for solar generators if they fail to deliver the electricity that they have committed to supply to the grid, Reuters reported. India’s electricity grid is

President Donald Trump plans to allocate a support package of $700 million for coal power generation, Reuters has reported, citing an unnamed White House official ahead of a formal announcement by the U.S. President. The plan is to invoke the 1950 Defense Production Act, which grants the president of the country powers to provide financial

Oil prices were under pressure in early Asian trade on Thursday following the announcement of a ceasefire agreement between Israel and Lebanon. The agreement could ultimately help clear the way for a broader U.S.-Iran deal, which would eventually see the Strait of Hormuz reopen and provide some relief for an increasingly tight oil market. At

Unprecedented heatwaves, violent storms, mega-cyclones, catastrophic floods, prolonged droughts and uncontrollable wildfires have all become commonplace, with extreme weather events increasing in both frequency and intensity thanks in large part to human-induced climate change. Global temperatures have continued to soar, with recent years continually ranking among the hottest on record. The consequences go far beyond

The European Union and the Eurozone are feeling the energy shock as the Iran war enters its fourth month. The spike in oil and gas prices amid the Middle East crisis is raising inflation and moderating economic growth expectations in the EU and the Euro area, which are grappling with the second energy crisis in

Artificial intelligence is all the rage these days, and so is its energy consumption. From a game-changing technology that would usher in a new era, AI has recently turned into a problem for many—a problem that makes electricity more expensive while, apparently, not really living up to the promise of its developers. Big Tech is

Iranian drones and missiles struck Kuwait International Airport overnight, hitting Terminal One, killing at least one person, injuring several others, and causing what Kuwaiti authorities described as significant material damage. Kuwait immediately suspended air traffic, activated emergency procedures, and diverted flights to alternative airports.  In what is being viewed as one of the most direct

Analysts have slashed their estimates of India’s oil demand growth this year, with the consumption uptick to be the weakest since the Covid pandemic as the supply crunch and higher fuel prices slow gasoline and diesel demand. Analysts Kpler and Rystad Energy have slashed their gasoline and diesel demand growth estimates for this year by