The oil crisis caused by the war in Iran has permanently changed the fossil fuel industry, prompting countries to move away from them in order to secure their energy supply, said the leading economist and energy expert, Fatih Birol. The Executive Director of the International Energy Agency (IEA) also said that, despite [...]

Even if the Straits of Hormuz reopen, energy market officials and analysts estimate that the industry will no longer be able to rely on them as in the past. For the Straits, there is no return to normality. Countries throughout the region are considering the construction, expansion or restoration of infrastructure that will bypass [...]

Loading Text-to-Speech... About four decades ago the five largest economies of the then western world, the US, Japan, Germany, France and the United Kingdom, co-signed to the New York Hotel of the same name his agreement «Plaza». The basic idea was that the dollar was very strong, American exports had become expensive, with [...]