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The war in the Middle East is sending shockwaves through global energy markets as the tensions spillover into the Strait of Hormuz, one of the world’s most important oil transportation routes. Former French economy minister Eric Lombard tells RFI the …
TotalEnergies announced on Thursday it will cap petrol and diesel prices at its service stations in mainland France for the next three weeks as oil prices surge.
Nearly 20,000 French nationals have been repatriated from the Middle East since the war erupted on 28 February, government spokeswoman Maud Bregeon said.
The Middle East war is creating the biggest oil supply shock in history, the International Energy Agency warned Thursday, as Iran launched a new wave of attacks against Gulf energy targets that sent prices spiking above $100 a barrel.
With production in the Gulf countries at a standstill and gas prices rising, the war in the Middle East is disrupting the supply of fertilisers and posing risks for food security.
Representatives of Ukrainian drone, counter-drone, and defense tech companies said this week that they are reducing their dependence on Chinese components significantly, as Ukraine builds its domestic supplier base. Some […]
France, which holds the G7 presidency, said Wednesday that major economies were ready to act to stabilise oil markets as the US-Israeli war with Iran enters its second week and disrupts supply.
France will send 60 tonnes of humanitarian aid to Lebanon, Foreign Minister Jean-Noël Barrot said on Wednesday, announcing a larger relief shipment as the country faces growing humanitarian needs.
The State Department has approved a potential $930 million deal with Sweden for M142 HIMARS launchers and precision munitions. The new foreign military sale includes 20 Lockheed Martin [LMT]-built HIMARS, […]
The Drone Dominance program is to expand beyond the three missions in the first round–finding stationary targets by four drones at 2.5, 5, 7.5 and 10 kilometers in a non-jamming […]