Energy

Published: March 10, 2026The English Chronicle DeskThe English Chronicle Online Iran’s leadership has formally rejected calls for a ceasefire in the ongoing war with the United States and Israel, escalating tensions with a stark warning directed at President Donald Trump and signalling that the conflict could continue without diplomatic resolution. The stance marks a clear hardening of Tehran’s position amid a widening regional crisis. In statements issued by senior Iranian...

Published: March 10, 2026The English Chronicle DeskThe English Chronicle Online A sudden surge in global oil prices following escalating military conflict involving the United States and Israel in Iran is beginning to reverberate across the world economy. The disruption of energy supplies from the Gulf region has triggered a sharp rise in oil and gas prices, unsettling financial markets and raising concerns about inflation, supply shortages, and economic slowdown in...

Published: 10 March 2026 The English Chronicle Desk The English Chronicle Online — World News US President Donald Trump has issued his most severe warning yet to Iran, vowing that the country would be struck “TWENTY TIMES HARDER” if it attempts to block oil shipments through the Strait of Hormuz. The statement, delivered via social media late Monday, comes as global oil prices surge past $119 a barrel amid escalating...

Published: 10 March 2026 The English Chronicle Desk The English Chronicle Online — UK News The war in Iran has dominated headlines for nearly two weeks, but its ripple effects are now being felt in Britain in a way that is impossible to ignore: the cost of living crisis has once again been thrust centre stage. BBC political editor Chris Mason reports that while the Foreign Office is consumed with...

Published: 9 March 2026 The English Chronicle Desk The English Chronicle Online — Business & Economy Global financial markets were thrown into turmoil on Monday as oil prices surged to their highest levels in years, prompting the Group of Seven (G7) nations to call an emergency meeting to address the rapidly escalating energy crisis. The meeting, set to take place later today, comes amid deepening instability in the Middle East...

Published: March 7, 2026The English Chronicle DeskThe English Chronicle Online — delivering comprehensive, up‑to‑date global reporting. The United States has taken the unusual step of temporarily easing parts of its sanctions regime to allow India to purchase Russian crude oil as global energy markets reel from the ongoing conflict involving Iran. The move represents a significant shift in Washington’s policy toward Russian energy exports and reflects rising geopolitical and economic pressures triggered...

Published: March 6, 2026The English Chronicle DeskThe English Chronicle Online — delivering comprehensive, up‑to‑date global reporting. Energy companies in the Channel Islands and beyond say they are closely monitoring fuel price movements as global market volatility, driven by escalating tensions in the Middle East, continues to exert pressure on wholesale costs and consumer prices. An increasing number of suppliers have signalled that any adjustments to fuel charges will be measured and subject...

Published: March 6, 2026The English Chronicle DeskThe English Chronicle Online — delivering comprehensive, up‑to‑date global reporting. The intensifying conflict around Iran and the US‑Israel military offensive is no distant geopolitical issue for India — it is already rippling through its economy and everyday life by pushing up fuel costs, pressuring the currency and threatening remittance flows vital to many households nationwide. Central to India’s vulnerability is its heavy reliance on imported energy....