UK inflation rises to 2.9% as Iran war drives up energy bills
UK inflation rose to 2.9% in July from 2.6% in June, driven by higher energy prices following geopolitical tensions in the Middle East affecting global energy markets.
UK inflation rose to 2.9% in July from 2.6% in June, driven by higher energy prices following geopolitical tensions in the Middle East affecting global energy markets.
CrossCountry cancelled nearly all train services across Great Britain after a power outage affected its Birmingham control centre on Sunday, with most routes halted until further notice.
Vickie Cavey resigned as CEO of Jacksonville Energy Authority effective September 25 after serving since 2024, marking the fifth leadership change in six years amid customer bill increases and board investigations.
Japan, South Korea, and the United States have formed a nuclear energy alliance to expand reactor development and deployment across Northeast Asia, shifting geopolitical dynamics in the region.
The ongoing Iran conflict is forcing oil exporters and importers to rapidly diversify trade routes and suppliers, potentially reshaping global energy markets and driving prices higher across the world.
Oman, a major oil and gas producer, is expanding renewable energy capacity through new national policies and private investment to achieve net-zero emissions by mid-century while maintaining fossil fuel output.