Author name: admin

At least 40% of Russia’s oil export capacity halted, Reuters calculations show

At least 40% of Russia’s oil export capacity halted, Reuters calculations show

At least 40% of Russia’s oil export capacity is at a halt following Ukrainian drone attacks, a disputed attack on a major pipeline and the seizure of tankers, according to Reuters calculations based on market data. The shutdown is the most severe oil supply disruption in the modern history of Russia, the world’s second largest

At least 40% of Russia’s oil export capacity halted, Reuters calculations show Read More »

As Prices Soar, EPA Greenlights Higher Ethanol Blends in Gasoline

As Prices Soar, EPA Greenlights Higher Ethanol Blends in Gasoline

The Trump administration handed farmers and the ethanol industry a win on Wednesday by issuing a waiver that will allow the use of higher corn-based ethanol blends in gas tanks this summer. Environmental Protection Agency Administrator Lee Zeldin made the announcement at CERAWeek, a major energy conference in Texas, saying it furthered the administration’s goal

As Prices Soar, EPA Greenlights Higher Ethanol Blends in Gasoline Read More »

Middle East war: Oil crisis from US-Iran war could boost China’s EV makers as fuel prices surge, says report

Middle East war: Oil crisis from US-Iran war could boost China’s EV makers as fuel prices surge, says report

Middle East war: Beijing’s shift to renewable energy and electric vehicles has reduced its oil consumption by at least 10%. The ongoing Middle East conflict may further benefit China’s EV industry, as higher oil prices drive global expansion, particularly in Asia. File image of a A BYD ATTO 3 electric vehicle (REUTERS) Middle East war:

Middle East war: Oil crisis from US-Iran war could boost China’s EV makers as fuel prices surge, says report Read More »

Middle East conflict live updates: Oil prices drop more than 5% after Trump sends peace plan to Iran

Middle East conflict live updates: Oil prices drop more than 5% after Trump sends peace plan to Iran

Live Home / World NZ Herald 25 Mar, 2026 02:49 AM Quick Read Bernard Hickey joins The Front Page to break down the Government’s announcement of relief amid the ongoing fuel crisis. Sign up to The Daily H , a free newsletter curated by our editors and delivered straight to your inbox every weekday. https://www.nzherald.co.nz/world/middle-east-conflict-live-updates-trump-declares-he-will-run-strait-of-hormuz-with-iran/F3F6KSNUKBH6VBFVGPMEO5XYJY/

Middle East conflict live updates: Oil prices drop more than 5% after Trump sends peace plan to Iran Read More »