
Russia Permits Sale of Lower-Grade Fuels Until Mid-2027 Amid Energy Crisis
Russia extends permission to sell Euro-2 to Euro-4 fuels until July 2027 to mitigate supply shortages from refinery damage caused by military strikes.

Russia extends permission to sell Euro-2 to Euro-4 fuels until July 2027 to mitigate supply shortages from refinery damage caused by military strikes.

Cuba's electrical grid suffered a total blackout amid worsening fuel shortages and intensified U.S. sanctions, further deepening the island’s energy crisis.

The U.S. has sanctioned Cuba’s state oil company CUPET, escalating economic pressure amid Cuba’s worsening fuel crisis and targeting top regime officials.

Trump and Xi Jinping meet in Beijing to discuss Iran, trade, and Taiwan, key topics with significant implications for global markets and energy sectors.

Lufthansa will cancel 20,000 flights from June to October 2026 to save over 40,000 tons of jet fuel amid rising energy costs and Middle East instability.