A prolonged Middle East conflict could force a global shift to alternative energy sources, according to Russian Deputy Prime Minister Alexander Novak at the St. Petersburg International Economic Forum (SPIEF). He stated that such shifts would negatively impact the energy sector and the broader economy, potentially leading to new logistics and transport solutions.
The Southern and Middle Corridors are emerging as vital energy transport routes amid global disruptions. The Baku Energy Forum highlighted their importance for European energy security and the need for investment in logistics and infrastructure, with AI and digitalization playing key roles in enhancing efficiency and security.
India is seeking alternative energy sources due to Middle East conflicts impacting fuel imports. Prime Minister Modi urged reduced reliance on traditional fuels, while New Delhi trials two hydrogen buses as a potential replacement for fossil fuel vehicles.
Italy's Prime Minister is discussing alternative gas and oil routes, as well as navigation safety, with the Prime Ministers of Kuwait and Qatar. She stated that "Italy will do its part."
India’s military is exploring alternative energy sources amid surging oil and gas prices caused by supply disruption from the Iran war, a trend that analysts say is set to accelerate among other Asian countries heavily dependent on energy imports. According to local media reports, the Indian army plans to get biogas stoves to replace natural gas-fired appliances for cooking. It is also exploring the use of green fuels for army vehicles and administrative work, as well as solar and wind power for...
