The U.S. has agreed to build and operate commercial nuclear power plants in Saudi Arabia, a deal conditioned by President Trump on Saudi normalization with Israel. The agreement prohibits reprocessing American nuclear material for weapons but lacks restrictions on other countries' nuclear fuel, raising concerns in Israel and the broader Middle East.
Singapore and Indonesia are advancing a low-carbon electricity trade deal, potentially serving as a pilot for a broader ASEAN Power Grid. Analysts suggest the cooperation will bolster Singapore's energy security and sustainability goals, while boosting Indonesia's green economy.
Venezuela's interim government has signed a deal with General Electric Vernova to restore its power system. The move signals an opening to US investors, though critics note key institutions remain under party control. The deal aims to fix the nation's energy crisis, blamed on lack of investment and maintenance.
Russian President Vladimir Putin stated that new agreements between Russia and China in the energy sector will soon "delight" the global energy market. He expressed confidence that objectives set during his visit to China will be achieved, with ongoing high-level contacts and company-level work.
Global markets face geopolitical tests as Russia's Putin meets China's Xi in Beijing, potentially impacting US relations. Trump halts Iran attacks after requests from Middle Eastern nations. Standard Chartered plans workforce cuts.
Indian PM Narendra Modi will visit the UAE to secure long-term energy supply deals, expand strategic oil reserves, and discuss bilateral issues with UAE President Sheikh Mohamed bin Zayed Al Nahyan, amid global supply disruptions.
Indian PM Narendra Modi will visit the UAE to secure long-term energy supply deals, expand India's strategic oil reserves, and discuss bilateral issues with UAE President Sheikh Mohamed bin Zayed Al Nahyan, amidst global supply disruptions.
Jonathan Brash says ‘own goals’ are distracting from Labour’s achievementsUK inflation accelerated to 3.3% in March after the Iran war triggered the biggest jump in fuel prices for more than three years, Richard Partington reports.Today the Liberal Democrats staged a photocall to publicise their line about this being “Trumpflation”. Daisy Cooper, the Lib Dem deputy leader and Treasury spokesperson, said:People across our country have been struggling for years with a devastating cost-of-living crisis and Donald Trump’s idiotic war in Iran has added to it. The cost of fuel is soaring, mortgage rates are rising and fixed energy deals are already going up by hundreds of pounds.But what is utterly inexcusable is that there are politicians in this country - Nigel Farage and Kemi Badenoch - who are happy to cheerlead Donald Trump as he hikes people’s bills. All the while this Labour government promised to fix the country but instead we’ve got political Groundhog Day: yet more sleaze and scandal. Continue reading...
Jonathan Brash says ‘own goals’ are distracting from Labour’s achievementsUK inflation accelerated to 3.3% in March after the Iran war triggered the biggest jump in fuel prices for more than three years, Richard Partington reports.Today the Liberal Democrats staged a photocall to publicise their line about this being “Trumpflation”. Daisy Cooper, the Lib Dem deputy leader and Treasury spokesperson, said:People across our country have been struggling for years with a devastating cost-of-living crisis and Donald Trump’s idiotic war in Iran has added to it. The cost of fuel is soaring, mortgage rates are rising and fixed energy deals are already going up by hundreds of pounds.But what is utterly inexcusable is that there are politicians in this country - Nigel Farage and Kemi Badenoch - who are happy to cheerlead Donald Trump as he hikes people’s bills. All the while this Labour government promised to fix the country but instead we’ve got political Groundhog Day: yet more sleaze and scandal. Continue reading...
Keir Starmer faced intense questioning at PMQs regarding the vetting of Peter Mandelson and potential diplomatic appointments for political allies. While denying pressure on the Foreign Office, Starmer acknowledged failures in communication regarding security vetting outcomes.
Prime Minister Keir Starmer has rejected claims he was under pressure to approve Peter Mandelson's appointment, citing evidence from civil servant Sue Robbins that no pressure was placed on him. However, Conservative leader Kemi Badenoch criticised Starmer for relying on advice received after Mandelson was sacked, arguing the appointment was effectively a done deal. Robbins reportedly said the PM's team showed a dismissive approach to vetting, which was not proper process.
Indonesia has agreed to buy crude oil and LPG from Russia as Middle East supplies remain uncertain Read Full Article at RT.com
