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Monday, 12 October 2026
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Energy

Trump cancels Iran strikes, citing deal progress as regional tensions peak[Updated]69dHungary shuts down only nuclear plant as Danube hits record lows[Updated]70dCuba's national power grid collapses again as fuel crisis deepens70dUS proposes mandatory water cuts for Arizona, California and Nevada as Colorado River hits historic lows72dDrone strike hits US-operated gas tanker at Egypt's Damietta port amid wider Middle East escalation[Updated]72dDrone strike on Egyptian port raises fears for Mediterranean shipping lanes73dSaudi Arabia launches maritime coalition and prepares military offensive against Houthis as regional war widens73dAustria aims to achieve full defence capability within six years, minister says74dFederal Reserve holds rates steady for fifth meeting as internal split signals possible September hike74dCanadian crude emerges as alternative as Hormuz crisis disrupts Asian oil supplies74dSaudi Arabia seeks international coalition to protect Red Sea shipping as Houthis expand maritime blockade74dSaudi Arabia publicly joins US in striking Iran-backed militias in Iraq, marking new escalation74dGermany's renewable energy reform risks slowing solar expansion75dNigeria's small businesses struggle as Middle East conflict drives fuel prices to record highs75dOman presents Gulf-backed proposal to manage Strait of Hormuz tensions with Iran75dTurkey secures major energy deal with Iraq, gaining stake in Kirkuk oilfield75dZimbabwe opens Africa's first lithium processing plant in push to end raw mineral exports76dHouthis claim downing of Saudi reconnaissance drone as Red Sea shipping slows to months-long low[Updated]76dUS and Iran pause strikes for second day as diplomacy creates space for negotiations[Updated]76dPakistan's trade deficit hits four-year high of $39.47 billion, driven by surging energy imports77d
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