Oil traders are in a tough spot. They're dealing with big problems in Venezuela, Iran, and the Black Sea. These issues have pushed oil prices up in the last three months. But there's still a lot of oil out there. This makes things confusing for investors. First, there was a big shake-up in Venezuel
Ukraine is getting a big financial helping hand to keep its energy and water systems running smoothly. The European Investment Bank (EIB) and Naftogaz, Ukraine's main energy company, have just signed a deal to provide hundreds of millions of euros. This money is crucial because Russia's attacks on U
The Dominican Republic faced a massive power outage that left nearly 11 million people in the dark. The blackout struck during the busy afternoon hours, causing chaos on the roads and bringing business to a halt. The problem started with a failure in the power grid's transmission system, but the exa
The Middle East is a hotspot for oil production, supplying about a third of the world's oil. Recently, Iran launched missiles at a U. S. military base in Qatar, raising concerns about a wider conflict. Surprisingly, oil prices dropped instead of rising. This might seem odd, but it shows that the glo
