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CANADA LAUNCHES LOAN PROGRAM TO HELP AIRLINES DEAL WITH HIGH FUEL PRICES
The Canadian government has introduced a new loan program aimed at helping domestic airlines cope with rising fuel costs and continue supporting jobs and operations.
- 6 days, 21 hours
OIL FALLS AFTER LEBANON AND ISRAEL AGREE ON A CEASEFIRE
Oil prices declined on Thursday after Israel and Lebanon agreed to a ceasefire, raising optimism that broader diplomatic efforts could ease tensions across the Middle East.
- 1 week, 6 days
TANZANIA TO BUILD 10 MORE CNG STATIONS IN MAJOR PUSH FOR CHEAPER TRANSPORT ENERGY.
Tanzania is accelerating its transition toward cleaner and cheaper transport energy with plans to construct 10 additional Compressed Natural Gas (CNG) stations across the country, strengthening the government’s strategy to reduce fuel costs, expand energy access, and increase the use of the country’s vast natural gas resources. The expansion reflects growing national efforts under President Samia Suluhu Hassan to modernize the energy sector, lower dependence on imported fuel, and position Tanzania as a leading regional player in gas-based transport and industrial development.
- 2 weeks, 1 day
OPEC+ LIKELY TO RAISE JULY OIL OUTPUT TARGET DESPITE HORMUZ DISRUPTION, SOURCES SAY
OPEC+ is expected to approve another increase in its oil production target for July during its upcoming meeting, according to sources familiar with the discussions.
- 2 weeks, 1 day
ITALY EXPECTS EU SUPPORT FOR ENERGY SPENDING FLEXIBILITY AMID COST PRESSURES.
Italy expects the European Union to approve greater fiscal flexibility for energy-related spending as Rome pushes for stronger support to help households and businesses cope with soaring energy costs linked to global supply disruptions. The request comes as Europe continues to face pressure from volatile fuel markets, shipping uncertainties around the Strait of Hormuz, and broader geopolitical tensions affecting global energy flows. The move highlights growing concern within the EU over the economic impact of prolonged energy instability on inflation, industry, and consumer spending.
- 2 weeks, 1 day
RUSSIA BANS AVIATION FUEL EXPORTS UNTIL NOVEMBER 30 AMID REFINERY STRIKES.
Russia has banned aviation fuel exports until November 30 as Ukrainian strikes continue to disrupt refinery operations and strain domestic fuel supplies, marking another tightening step in its energy policy amid ongoing infrastructure damage. The move reflects rising pressure on Russia’s refining system, where repeated attacks have reduced output and forced authorities to prioritize internal market stability over export commitments. With global energy flows already under stress from multiple geopolitical flashpoints, the decision adds fresh uncertainty to regional fuel availability and broader market balances.
- 2 weeks, 2 days
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