Browsing: energy security

India has cautioned Washington that proposed tariffs on nations importing Russian crude oil could negatively impact bilateral relations and interfere with global commodity trading. This warning came in the wake of the United States House of Representatives passing the Sanctioning Russia and Iran Act of 2026, which grants authority to impose tariffs of up to 100 percent on significant buyers of Russian energy. India emphasizes its commitment to ensuring energy security for its people while retaining the flexibility to buy oil from international markets based on prevailing conditions.

Hoymiles, a global leader in smart solar and storage solutions, extends its partnership with Qssun, a leading renewable energy distributor in Saudi Arabia, to accelerate PV and energy storage deployment in Kuwait and the wider Gulf region. Centering around residential, commercial, and industrial applications, this strategic collaboration builds on the success in Saudi Arabia and reinforces Hoymiles’ commitment to delivering high-performance solar energy and storage solutions in the broader Gulf region.

Brent crude jumped 9.6% to $83.30 and WTI rose 9.4% to $78.14 as Gulf shipping disruption drove a broad rally across global oil markets.

India and Australia expanded cooperation in defence, energy, technology, education and trade through 18 outcomes announced in Melbourne.

Brent crude climbed above $79 while WTI passed $74 as fresh US-Iran attacks coincided with reduced shipping through the Strait of Hormuz.

Italy and the GCC signed a Rome MoU to expand political consultations, regional coordination, security dialogue, trade and investment links.

Sheikh Abdullah and Mike Waltz discussed UAE-US relations, United Nations coordination and security issues affecting wider regional stability.

UAE and IAEA officials reviewed nuclear safety and Barakah safeguards after talks between Sheikh Abdullah bin Zayed and Rafael Grossi.

Sheikh Abdullah bin Zayed met German Bundestag leaders in Berlin for talks on UAE-Germany ties, regional security and civilian infrastructure.

South Korea and Japan launch an energy framework covering LNG, crude oil, petroleum swaps and reserves after leaders meet in Andong.