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Albania's reliance on hydropower and solar energy has shielded consumers from steep electricity price hikes amid the Iran war's impact on global oil and gas markets

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28,136 views • 3 months ago •via X (Twitter)

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Major economies are seeking ways to cushion the impact after Iran's strikes on Gulf energy assets pushed oil up 10% and European gas prices up 25%, deepening the global energy shock
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A "solar shield" is protecting Pakistan from some of the price shock of the Gulf War energy crisis. 3 years ago, consumers embarked on a solar panel binge...and now 25% of Pakistan's electricity comes from solar power. Reporting w/ Sophia Saifi & PJ Javed Iqbal #Pakistan #Iran
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The European Commission plans to cut electricity taxes and coordinate summer gas storage refills to address the energy impact of the Iran war
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The European Commission plans to cut electricity taxes and coordinate summer gas storage refills to address the energy impact of the Iran war

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Oil prices have surged 6% in two days amid escalating Iran tensions. Kpler oil analyst Homayoun Falakshahi says traders are struggling to price the potential impact on supplies, and prices are likely to remain volatile
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The ongoing US-Israeli war on Iran has been sending shockwaves through global markets. In Turkiye, consumers and industry alike are already feeling the impact. Al Jazeera’s Sinem Köseoğlu reports from Istanbul.
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President John Dramani Mahama said the war between Iran, Israel, and the United States has shaken global fuel supply chains, causing shortages and steep price hikes across many nations. He praised the Tema Oil Refinery (TOR) and Sentuo for processing Ghana’s crude oil and keeping petroleum products flowing, adding that their work has protected Ghanaians from the worst effects of the global fuel crisis.
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President John Dramani Mahama said the war between Iran, Israel, and the United States has shaken global fuel supply chains, causing shortages and steep price hikes across many nations. He praised the Tema Oil Refinery (TOR) and Sentuo for processing Ghana’s crude oil and keeping petroleum products flowing, adding that their work has protected Ghanaians from the worst effects of the global fuel crisis.

𝕏 Ghana 🇬🇭

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The EU’s energy commissioner warned that oil and gas prices are unlikely to return to normal soon, even if the Iran war ends immediately, with gas up about 70% and oil about 60% amid rising global market pressure.
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Deeply disingenuous of RTÉ News to blame "Ireland's reliance on fossil fuels" for highest electricity prices in Europe when China relies on 79.9% oil, gas, coal. (Ireland: 81.3% oil, gas, coal) 🇨🇳 price per KwH 00.75c 🇮🇪 price per KwH 40.42c We're being robbed blind and lied to.

243Cal 🇮🇪

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Iran says an Israeli strike killed its top security chief, prompting retaliation and escalating a conflict rattling global energy markets amid US tensions with allies over the Strait of Hormuz
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Israeli and US forces continue strikes across Iran, with the conflict spreading to Lebanon and impacting global markets and oil prices
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