Firms turning crude oil into the ‘workhorse’ fuel stand to gain most despite economic fallout from record prices

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Days after Donald Trump announced a deal to import Russian diesel into the US in an effort to lower soaring pump prices, the world’s energy watchdog has warned that the global fuel shortage will drag into 2027.

Trump’s temporary sanctions reprieve was criticised for offering “too little, too late” to temper the sky high pump prices triggered by the shutdown of war-damaged refineries in the Middle East and Russia – once the world’s second-largest diesel exporter behind the US.

Parliament in Greece has approved a government bill concerning the country’s two major water utilities, EYDAP and EYATH in Athens and Thessaloniki respectively. The bill passed amid strong opposition criticism that the legislation could lead to the privatization of water services. The bill, introduced by the Ministry of Environment and Energy, passed with support from […]

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