Has Russia's fuel crisis given Iranian oil an opening in Central Asia?
Iran's oil exports have struggled under a US blockade, but a Russian fuel crisis caused by Ukrainian attacks on energy infrastructure may be creating a new opening in Central Asia. Countries in the region have begun buying oil from Iran as Russian fuel supplies they have long depended on run short. The shift is emerging as Moscow faces mounting pressure from drone strikes on refineries linked to its war in Ukraine.In August, Tajikistan said it was receiving oil and petroleum products from Iran as Dushanbe faced uncertainty over supplies from Russia. Also in August, Tehran agreed to establish a joint... [Continue Reading]
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UK energy suppliers press government over winter bill rises
Energy suppliers in the United Kingdom are pressing the government to act immediately as households face another rise in energy costs this winter. The trade body Energy UK said higher domestic gas prices and forecasts of a sharp increase in January mean delay could deepen the pressure on consumers. The warning comes as millions of households on variable tariffs remain exposed to the regulator's price cap.The latest figures cited by the industry point to a 4% increase in bills at the start of October for households in England, Scotland and Wales on Ofgem's capped tariffs. That rise was described as... [Continue Reading]

