Europe is facing its third energy crisis in four years, this time triggered by the effective closure of the Strait of Hormuz, exposing the continent’s persistent dependence on fossil fuel imports.
If the scenario sounds familiar, it's because around four years ago, Russia's invasion of Ukraine severed European pipeline gas supplies and sent power bills spiraling higher across the continent.
Travellers planning a summer vacation in Europe are being warned to be ready for flight disruptions after airports across Belgium, Portugal, Spain, Ireland and Germany reported more than 230 flight ...
Greece’s anti-austerity party, Syriza, won a decisive victory last weekend, in what Eurasia Group President Ian Bremmer calls a repudiation of Europe’s existing order. With its historic win, Greece’s ...
Gas prices in Europe have risen again following disruptions to LNG supply chains linked to tensions in the Middle East. This comes as the European Union enters the final phase of its plan to phase out ...
Kirill Dmitriev, head of Russia’s Direct Investment Fund and an adviser to Vladimir Putin, said an economic crisis in the EU and UK could emerge within weeks, according to Business Insider. His ...
Europe faces an imminent jet fuel crisis as the Iran war and Hormuz disruption cut off key Middle Eastern supplies. Long-term refinery closures and rising import dependence have left Europe highly ...
European Stability Mechanism was set up to stem euro debt crisis ESM's chief says it could lend for defence spending Gramegna: Use 'full potential' of ESM European countries pushed to boost defence ...
A decade ago, a surge in migration to Europe spurred the far-right’s rise. European leaders now fear the Iran war could set off another crisis, and they have taken tentative steps to prepare. By Jim ...