12:45
Car Market

EV demand surges across Europe as fuel prices spike amid Iran conflict

Demand for electric vehicles has surged across Europe as elevated fuel prices linked to the Iran conflict push consumers toward new and second-hand EVs, according to data shared with Reuters. It is providing a boost to an auto industry that has struggled with slower-than-expected adoption.

14:16
Energy crisis

Modi cuts motorcade size to save fuel amid energy price surge

Indian Prime Minister Narendra Modi has significantly reduced the size of his motorcade to save fuel, a government source said on Wednesday, days after urging citizens to adopt austerity measures amid surging energy prices linked to the Iran war.

19:02
Azerbaijan-Japan Trade

Japan turns to Azerbaijani crude as energy vulnerabilities deepen

Japan’s first import of crude oil from Azerbaijan has highlighted the country’s energy vulnerability and renewed efforts to diversify supply chains beyond the Middle East, according to Professor Sejiro Takeshita of the University of Shizuoka.

17:55
Middle East conflict

Araghchi meets Putin in Russia amid tensions

Iran’s Foreign Minister, Abbas Araghchi, arrived in Russia on Monday for a diplomatic visit to shore up support after two months of conflict. He met Russian President Vladimir Putin for talks described by Moscow as “useful”.

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