Energy

UN Seeks $94M Plan, Pushes Fuel Exemptions for Cuba

The United Nations has proposed an "action plan" for crisis-hit Cuba, which involves tracking fuel use, amid talks with the US to allow energy resources for humanitarian aid, an official said on Wednesday. A $94.1-million (€81.4-million) plan was proposed to keep critical services running for the country's most vulnerable, said Francisco Pichon, the UN coordinator in Cuba.

Hungary Threatens Gas Halt Amid Druzhba Oil Dispute

Live Published March 25, 2026 last updated March 25, 2026 Prime Minister Viktor Orban says Hungary will gradually stop the flow of gas to Ukraine until Russian Druzhba pipeline oil deliveries restart. Meanwhile Russia reports widespread overnight drone strikes. DW has more.

Markets Slide as Iran Conflict Keeps Energy Costs Rising

Stock markets dipped across the board early on Monday, with traders nervous after another weekend yielded no real signs of deescalation in Iran or the wider Gulf region or a reduction in the rising energy prices the conflict is causing.

Cuba hit by second island-wide blackout

Millions of Cubans were plunged into darkness once again on Saturday as the island's national electric grid collapsed for a second time in less than a week and for a third time this month. The nationwide power outage hit Cuba's communist government struggles with a run-down infrastructure and a US-imposed oil blockade.

IRGC Spokesman Reported Killed Amid Widening Regional Strikes

Skip next section Fire breaks out at Kuwait refinery after Iranian drone strikes March 20, 2026 Fire breaks out at Kuwait refinery after Iranian drone strikes The Mina Al-Ahmadi oil refinery is located in Kuwait, one of the world's major oil producers in the Persian GulfImage: AP Photo/picture alliance Kuwait said on Friday that a fire

Germany Weighs Windfall Tax as Fuel Prices Surge

German Economy Minister Katherina Reiche on Thursday urged caution over new relief measures as fuel prices surge because of the US-Israeli war against Iran. Prices at the pumps have surged with global supplies under pressure because of Iran's stranglehold on the Strait of Hormuz, attacks on Iranian fuel infrastructure and Tehran's counterattacks in the Gulf.