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Economy

Energy & Commodities

Economy

Energy & Commodities

Oil firms make high profit despite war

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Big oil firms make much money from high prices. There is hope for an end to the ship block in the war.

Economy

Energy & Commodities

Romania blows up rocks in the river

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In Romania the water in the river is very low. A nuclear power plant needs water for cooling. Therefore the army now blows up rocks in the river.

Economy

Energy & Commodities

OPEC+ allows more oil flow

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The oil group OPEC+ lets countries pump more oil. From September they pump more barrels every day. The price for oil is very high.

Economy

Energy & Commodities

Little water in the river Danube

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The Danube has very little water. This comes from great heat and little rain. In Hungary and Romania, power plants switch off. In Bulgaria, people found old bones.

Economy

Energy & Commodities

Low water slows down power plants

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It does not rain much in Austria. Rivers have little water. Power plants make less power now.

Economy

Energy & Commodities

Romania turns off a nuclear reactor

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In Romania, the water in the Danube is very low. Therefore, the country turns off a nuclear reactor. Romania must now buy power from other countries.

Economy

Energy & Commodities

Oil prices fall after pause in Iran war

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Oil prices drop a lot. The reason is a pause in US attacks on Iran. People hope for new talks.

Economy

Energy & Commodities

The price for oil is high

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The price for oil is very high now. It is more than 100 dollar. The reason is a war in the middle east.

Economy

Energy & Commodities

High oil prices due to war in Iran

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The war between the USA and Iran is getting worse. This makes oil more expensive. In Austria, diesel now costs over 2 euros.

Economy

Energy & Commodities

Energy prices rise due to war in the Middle East

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War makes energy expensive. Oil and gas prices go up. This affects people in many countries. People pay more for fuel at the gas station.

Economy

Energy & Commodities

Cuba has no electricity again

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Cuba has a big power cut for the second time in a week. The country has many problems with energy. People have no power in their homes.

Economy

Energy & Commodities

Higher oil prices because of war

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The conflict between the USA and Iran makes oil expensive. People pay more for gas. Some companies earn a lot of money.