energy impacts

Latest news and articles about energy impacts from NEX English

Diesel prices surge in Europe by 30% due to Middle East conflict

Diesel prices in Europe have sharply increased by over 30% since the onset of the conflict in the Middle East, highlighting the continent's reliance on imported energy. The upcoming Easter holiday is expected to further boost fuel demand, exacerbating the crisis.

Warn of a Historic Global Energy Crisis Amid Rising Tensions

The Executive Director of the International Energy Agency, Fatih Birol, has warned that the world might face a historic energy crisis due to ongoing tensions in the region. This crisis could significantly impact global economies.