India's state-run fuel retailers raised the prices of petrol and diesel on Friday — the first time since the war in Iran began — as they look to recoup some of the losses incurred over rising global crude prices.
Power outages in Cuba worsened on Thursday as Energy Minister Vicente de la O Levy told state television that oil reserves had "run out" amid an ongoing US blockade of oil shipments. The minister said Cuba's power grid had entered a "critical" state. "We have absolutely no fuel [oil], and absolutely no diesel ...
China is undergoing a renewable energy revolution. In 2025 alone, it added nearly 450 gigawatts (GW) of clean energy capacity, which was more solar and twice as much wind as the rest of the world combined. Before 2010, China had only limited renewable energy.
Skip next section Iran: Control of Hormuz could double oil revenues May 13, 2026 Iran: Control of Hormuz could double oil revenues Iran believes it can leverage its control of the Strait of Hormuz for significant economic and geopolitical gain as the crisis in the Middle East continues.
Short regional flights are the lifeblood of U.S aviation — but they were in decline even before jet fuel concerns struck. Here, a file photo shows a Delta Air Lines Connection regional jet operated by GoJet Airlines taking off from Logan International Airport in Boston. Charles Krupa/AP hide caption toggle caption Charles Krupa/AP U.S.
Skip next section No increased duties on gold and silver imports expected May 11, 2026 No increased duties on gold and silver imports expected Gold is in high demand in India, particularly for weddingsImage: dapd India has no plans for a raised tariff on gold and silver imports, a government source told Reuters news agency
Should widespread fears materialize, flying could become a nerve-racking ordeal for passengers in the coming weeks and months. If, as a result of the Iran war and the ongoing blockade of the Strait of Hormuz, jet fuel begins to run short, significant disruptions to air traffic are likely.
An oil drilling rig in the Permian Basin on March 13, 2022, in Midland, Texas. Joe Raedle/Getty Images hide caption toggle caption Joe Raedle/Getty Images Stay up to date with our Up First newsletter sent every weekday morning.
Should our worst fears materialize, flying could become a nerve-racking ordeal for passengers in the coming weeks and months. If, as a result of the Iran war and the ongoing blockade of the Strait of Hormuz, jet fuel begins to run short, significant disruptions to air traffic are likely.
An explosion inside a coal mine in central Colombia has left nine workers dead, according to the country's mining authority. The incident occurred on Monday at the legally operated La Ciscuda mine in the municipality of Sutatausa in Cundinamarca, about 45 miles (72 kilometers) north of Bogota. Six miners were reported to have been rescued.
Malawi's fuel crisis amid uncertainty in the oil market shows no signs of abating. Even as the government reassures citizens that the country is not running out of fuel, most filling stations are dry, and the few with fuel are experiencing long queues. "At times, we have to trek in order to reach to our destinations.
Ukraine launched dozens of drones at the oil loading port of Primorsk in Russia's northwest on Sunday, sparking a fire, the local governor said. Primorsk, on the Baltic Sea, is one of Russia's largest export hubs, with the capacity to handle one million barrels of oil a day.