Tag: energy
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Germany’s electric car boom cuts fuel tax revenue
The rapid shift to electric vehicles in Germany is cutting fuel tax revenue for the government. As EV sales surge, policymakers face growing pressure to find new ways to fund roads and transportation infrastructure.
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Singapore exploring Canada as potential energy source, anticipates further fuel disruptions from Middle East: Vivian Balakrishnan
Speaking after his visit to Ottawa, Dr Balakrishnan described Canada as an energy “superpower” in both fossil fuels and renewable energy.
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Trump takes aim at Russia’s energy sector with sanctions bill
The bill is named after the late Senator Lindsey Graham, a staunch advocate of aid for Ukraine.
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Oil prices fall as Saudi supply hopes outweigh fresh Houthi strikes
Oil prices fell on Friday as additional Saudi crude supplies help ease disruption fears.
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JPMorgan oil team gives up on forecasting Iran war endgame as Trump blows past economic redlines
JPMorgan assumed at the start of the war that several economic redlines would force President Donald Trump into an agreement to open the Strait of Hormuz.
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How record diesel prices will rip through the U.S. economy. Trucks, rails are only the start
Record diesel prices are already walloping the transportation sector, and if energy prices stay high, the economic impact will spread.
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Trump gains a tariff weapon against China and India. Will he use it?
U.S. House has paved the way for a legislation that will allow Trump to impose up to 100% tariffs on countries buying Russian oil, giving him leverage against India and China.
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India faces 100% tariff threat over Russian oil after US House vote
Trump’s tariff threat puts India’s Russian oil strategy- and its access to the US market – in a new bind.
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Continental Resources to develop massive oil patch in Venezuela
Continental said it will develop and operate a patch in the Orinoco Belt that spans 126,000 acres and possesses an estimated 30 billion barrels of reserves.
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India could face up to 100% US tariffs over Russian oil
A new bill could give President Trump the power to impose tariffs of up to 100% on countries buying Russian oil and gas, potentially affecting major importer India. DW has more.
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