UK inflation rises to 3.1% as motor fuel prices jump by almost a quarter
UK inflation rose to 3.1% in August as motor fuel prices surged nearly 25%, driven by Middle East conflict impacts on global oil markets and energy costs.
UK inflation rose to 3.1% in August as motor fuel prices surged nearly 25%, driven by Middle East conflict impacts on global oil markets and energy costs.
Britain faces potential gas shortages by the 2030s without urgent government action, officials warn, despite growing renewable energy capacity and declining North Sea reserves.
Scania introduced a new battery electric truck with 720-kilometer range in Europe this week, as multiple automakers advance electrification technologies for long-haul trucking amid charging infrastructure challenges.
Federal regulators ordered utilities to develop reliability standards for AI data centers by year-end, as power demand from computing facilities threatens to double while wildfire liability risks mount for grid operators.
Saudi Arabia suspends oil loadings from its Red Sea port of Yanbu after halting its East-West pipeline due to regional attacks, sending Brent crude back to $108 per barrel and exacerbating supply constraints across Asia.
The UK is advancing hydrogen aviation technology, but analysis suggests the likelihood of viable hydrogen passenger aircraft by 2050 remains below 1% when accounting for aircraft design, certification, airport infrastructure, and fleet-scale requirements.