Britain leads 40-nation talks on reopening Strait of Hormuz amid Iran blockade
Britain said on Thursday that around 40 countries are exploring ways to reopen the Strait of Hormuz, a vital oil shipping route effectively blocked...
France has unveiled a delayed wave of renewable energy tenders to boost energy independence and strengthen domestic and European industry.
On Thursday (2 April), the French government confirmed plans to tender seven offshore wind projects with a combined capacity of 10 gigawatts (GW). Smaller schemes covering 1.2 GW of solar power and 0.8 GW of onshore wind will also open to bidders.
For Finance Minister Roland Lescure, the announcement signals more than an expansion of clean energy. “The idea now is to continue on this path and accelerate,” he told journalists, pointing to decades of investment in nuclear power that he said have helped shield French households from the worst of the current energy crisis.
Those households, he added, are already seeing the benefits. Electricity prices in France remain “30% to 35% lower than our Italian neighbours”, a difference increasingly felt by families facing rising living costs across Europe.
The timing of the tenders is significant. They come two years later than planned, after political disagreements over funding stalled progress. In the meantime, global tensions have intensified.
The ongoing disruption to shipping through the Strait of Hormuz has pushed energy prices higher, with further increases expected across Europe in the coming weeks.
Against this backdrop, officials say the new projects are designed to reduce France’s dependence on imported oil and gas while ensuring economic benefits remain closer to home.
“We want these bids to be done as much as possible with our technologies, our factories, our employees,” Lescure said, underlining a shift towards a “Made in Europe” approach.
This principle is already being built into the tender process. A new “resilience” criterion will favour projects that rely more heavily on European-made components, as part of a broader effort to reduce reliance on Chinese supply chains.
Junior Energy Minister Maud Brégeon said that, for solar projects, the rules will apply directly to photovoltaic cells and modules. In offshore wind, developers will face limits on the number of key components sourced from China, as well as caps on the use of Chinese permanent magnets in turbines.
Future tenders are expected to go further, incorporating sustainability and cybersecurity requirements.
For coastal communities and industrial regions, the stakes are both economic and environmental. France currently has less than 2 GW of offshore wind installed, but its 10-year energy law, passed in February, sets a target of 15 GW by 2035.
Officials say the latest tenders mark a decisive step towards that goal. For engineers, factory workers and suppliers across Europe, they may also represent a more immediate opportunity: anchoring the continent’s energy transition within its own industries.
There are fears of an oil spill after a drone strike hit a Kuwaiti oil tanker near Dubai on Tuesday, while U.S.-Israeli strikes in Iran reportedly killed at least two people. A loud explosion was heard in Beirut in southern Lebanon early Wednesday, as oil prices climbed above $100 a barrel.
Fears of wider escalation grow despite President Donald Trump saying U.S. strikes on Iran could end within weeks. Meanwhile missile attacks, tanker incidents and rising casualties across Israel, Lebanon and the Gulf heighten risks to regional stability and energy routes.
Russian-flagged tanker carrying approximately 700,000 barrels of crude oil docked at Cuba's Matanzas oil terminal on Tuesday, shipping data confirmed, marking a vital and controversial delivery to an island paralysed by severe energy shortages and a suffocating U.S. blockade.
A Russian military An-26 aircraft has crashed in Crimea, killing all 30 people on board, Russia’s Defence Ministry has confirmed.
Explosions were heard in the Syrian capital Damascus as Israeli air defences intercepted Iranian missiles, Syrian state television reported on Tuesday.
American President Donald Trump threatened on Wednesday to pull the United States out of NATO after European nations refused to join a U.S.-led naval mission to unblock the Strait of Hormuz.
China is emerging as one of the more stable economies amid the latest global oil shock, thanks to years of planning, diversified energy sources and a steady shift towards renewable power.
In a major policy reversal, the U.S. Treasury has removed Venezuela’s acting president, Delcy Rodríguez, from its sanctions list, signalling a sharp shift in Washington’s approach to Caracas.
A technical team from the United States Federal Bureau of Investigation (FBI) has touched down in Cuba this week to launch an "independent investigation" into a deadly maritime shootout that happened on 25 February.
“He is not… the owner!” U.S. District Judge Richard J. Leon wrote, temporarily halting construction of President Donald Trump’s $400 million White House ballroom, underscoring a cascade of legal, regulatory and public opposition that has engulfed the controversial expansion.
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