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The Latest Breaking News from ICIS

How the heatwave is taking a toll on European industry as key waterways run low

Prolonged low water levels have forced several European industries, including oil refining, nuclear power and chemicals, to reduce output because of raw-material and cooling-water shortages.

Euronews

European gas prices surge amid fears US-Iran war will cause winter shortages

Benchmark hits a four-year high as oil briefly breaches $90 a barrel before easing after Tehran says talks ongoing

The Guardian - UK

Trump's Iran accord offers exit from war and fresh political risks

A landmark agreement has been reached between the Trump administration and Iran to end their conflict and reopen the Strait of Hormuz. This development offers global market relief. However, the deal faces internal Republican opposition and skepticism from allies. Gas prices are expected to fall but remain elevated. The accord's…

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

Is Europe’s energy crisis over? Falling gas prices conceal wider problems

Countries now have abundant gas supplies but years of high costs led to a pervasive economic slowdown

The Guardian - UK

How will Europe weather a second winter without gas from Russia?

EU states have worked hard to secure supplies and storage – while the UK seems just to be hoping it stays mild

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