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25.03.26 - 17:18
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Here′s the danger: if Labour doesn′t offer a radical solution to the energy-price crisis, others will (The Guardian)
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Money-off vouchers won't do. Instead, the government needs to offer a lasting vision for energy security – because we already know what Reform's isIn a time of fear, heroes must rise. There's a gathering storm rattling at the windows, tearing through the family WhatsApp groups. Use your air fryer instead of the oven. Book your summer holiday now to avoid spiralling flight costs. Colin, a caller on LBC, has heard a rumour (the radio phone-in equivalent of “forwarded many times”) that there are abundant oil and gas reserves off the Falkland Islands and wants the government to fund an expedition to go and get them.Meanwhile, Ed Miliband has been on TikTok, patiently explaining to his 26,800 followers what the government is doing to protect you from the coming war-flavoured price shock. Energy bills are coming down in April. There's a £50m heating oil fund for poorer households. Fuel duty is being frozen until September. There are unspecified “measures to advance our plans for clean power”. And...
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25.03.26 - 16:42
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US-Iran war: Why India is facing an LPG crisis — explained in charts (Times of India)
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India grapples with a severe cooking gas shortage, driven by Middle East conflict-induced import disruptions. Long queues and panic buying plague cities as supply chains strain. The government is prioritising household needs, cutting industrial allocations, while seeking to restore commercial supplies and urging a shift to alternatives like piped natural gas....
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25.03.26 - 15:21
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Zypern bangt um Tourismus - Nahost-Krise belastet Branche (DPA-AFX)
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NIKOSIA (dpa-AFX) - Angesichts der anhaltenden Krise im Nahen Osten blickt die Tourismusbranche der EU-Inselrepublik Zypern mit wachsender Sorge auf die kommenden Monate. Tourismusminister Kostas Koumis betonte im zyprischen Rundfunk (RIK), derzeit liege ......
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25.03.26 - 14:24
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Middle East energy crisis could become unprecedented — expert (TASS)
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According to the newspaper, executives from the world's largest oil companies attending the annual CERAWeek energy conference in Houston, Texas "appeared more astonished about the scale of the supply disruption from the war than thrilled about the higher prices"...
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25.03.26 - 12:57
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Italy Cuts Fuel Taxes As Iran Crisis Drives Oil Higher; Germany Refuses Relief Despite Windfall (ZeroHedge)
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Italy Cuts Fuel Taxes As Iran Crisis Drives Oil Higher; Germany Refuses Relief Despite Windfall
Submitted by Thomas Kolbe
A robust market economy unfolds its maximum absorption capacity precisely during external shocks. In such cases, policymakers would essentially only need to sit still, as the storm clouds usually pass on their own—true to the principle that high prices are the cure for high prices. This, of course, only applies to energy markets if governments have not already removed themselves from the equation through grotesque political interventions long before the crisis.
For European economies, however, the opposite holds true. They are overregulated, fiscally overburdened, and structurally fragile systems that can barely deploy effective shock absorbers in the face of the Iran crisis. High energy prices hit relentlessly, and national policy responses now diverge sharply across competing European jurisdictions.
Italian Prime Minister Giorgia Meloni reacted swiftly to the tightening...
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