energy crisis

News Desk WASHINGTON: President Donald Trump has condemned the European Union for its substantial payments to Russia, totaling $250 billion for energy, while accusing the media of spreading misinformation about the situation. In a recent…

KYIV: Ukrainian President Volodymyr Zelensky has signaled a willingness to accept an 'energy ceasefire' aimed at alleviating the ongoing energy crisis, contingent upon specific conditions being met by Russia. This announcement comes amid…

News Desk KARACHI: Residents of Karachi are facing unexpected power outages, even in areas previously deemed load-shedding-free. The electricity supply company K-Electric has shut down several feeders at multiple grid stations due to an…

News Desk KARACHI: Residents across various neighborhoods in Karachi are grappling with unannounced power outages, leading to widespread frustration and disruption of daily life. The outages, which have intensified over the past week, are…

News Desk LONDON: Oil prices have surged past $101 per barrel, driven by ongoing supply concerns and geopolitical tensions affecting production levels. This increase marks a significant rise in crude oil prices, reflecting the volatile…

News Desk KARACHI: In a developing blow to the country's commercial hub, KElectric, the primary power utility supplying electricity to Karachi, has plunged into a severe financial crisis as commercial banks completely halt new financing…

News Desk LONDON: The European Central Bank has issued a stern warning that soaring natural gas prices across Europe will likely feed further inflationary pressures, exacerbating the ongoing energy crisis affecting millions of households…

News Desk HAVANA: Cuba plunged into complete darkness after a severe fuel shortage and crippling United States oil supply restrictions triggered a total collapse of the national power grid, marking the sixth island-wide blackout of the…

News Desk TEHRAN: As Iranian authorities announce plans to implement a staggering 100 percent increase in petrol prices, reports from cities across the nation indicate that citizens are grappling with a dual crisis of escalating costs and…

News Desk HAVANA: Millions of residents across Cuba were left without electricity following a catastrophic nationwide blackout that paralyzed public services, halted transportation networks, and deepened an ongoing humanitarian crisis.…