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China’s government has called on local coal miners to maintain a stable production rate after a jump in spot prices for thermal coal earlier this month. Thermal coal prices on the spot market recently climbed to the highest in three years, Bloomberg said in a report today, putting pressure on the government in Beijing to

The US Congress on September 16 passed sweeping legislation targeting Russia and Iran, sending to President Donald Trump a sanctions package supporters say will increase pressure on Moscow and countries that help finance its war against Ukraine. The House of Representatives passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 by a

The UK household energy bills could jump by between 25% and 30% in the first quarter of 2027 amid surging natural gas prices as the Middle East crisis drags on, analysts say, warning that the government may have to spend more money on measures to ease the cost-of-living crisis. Household energy bills will rise by

The soaring wind and solar capacity installations in Germany have created an unsustainable business and project economics environment in the sector amid slower grid expansion and electricity generation curtailments. In 2023, Germany crossed the 50% mark of the share of renewable energy in its electricity generation. This year, renewable energy accounted for a record-high 58%

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