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President Macron's Gulf visit aims to address rising energy prices and strengthen ties amid regional security concerns.
Genie Godula is pleased to welcome François Gouyette, former French ambassador to the UAE and Saudi Arabia. Against a backdrop of violent unrest at home and escalating conflict in the Middle East, French President Emmanuel Macron's Gulf diplomacy underscores the increasingly blurred boundaries between domestic economic security and international strategic commitments. Ambassador Gouyette argues that the visit serves a dual purpose: alleviating France's energy pressures while reaffirming its longstanding defense partnerships with Gulf monarchies. Insisting that "France has to play its role as a key partner," Gouyette portrays French military assistance as an expression of strategic solidarity rather than direct participation in the war with Iran.
French President Emmanuel Macron has secured the delivery of an additional 200,000 tonnes of diesel per month from the United Arab Emirates and Bahrain, the French presidency said on Tuesday. Macron is undertaking a tour of key energy suppliers in the Gulf in an effort to secure oil and diesel and bring down prices in France, after a weekend of violent protests over soaring living costs. FRANCE 24'S Tarek Kaï reports from Doha, Qatar.
Halliburton Co. is predicting years of growing demand for oil field services as nations in the Middle East rebuild energy assets and infrastructure damaged in the Iran war.
The U.S. Secretary of State also said that India and U.S. are ‘very very close’ to finalising the trade deal
Mexico’s president acknowledged that Trump raised US gas sales in their calls. US pipelines already send Mexico a record 6.6 billion cubic feet a day. The post Mexico Says Trump Wants More US Gas 19 Oct appeared first on The Rio Times.
The US will turn some "dark fleet" oil tankers into legitimate ships that can legally carry crude, says Energy Secretary Chris Wright. He says investors will refurbish some ships and have them carry non-sanctioned oil. He speaks to Bloomberg's Annmarie Hordern at a Citadel Securities event in New York. (Source: Bloomberg)
US natural gas futures increased slightly as forecasts shifted to show colder weather than previously expected across the eastern US, indicating higher demand for the furnace fuel as consumers crank up the heat. Gas flows to liquefied natural gas export terminals on the US Gulf Coast also rose, leaving less gas within the domestic market and adding upward pressure to prices.
Though stockpiles are currently ample, a mining slowdown threatens to erode the country’s reserves.
Chinese coal production fell last month, as concerns build over supply ahead of the winter heating season when demand typically peaks.
Ukraine’s Volodymyr Zelensky spoke to US envoys Steve Witkoff and Jared Kushner in the midst of his spat with US President Donald Trump on Sunday, saying “a lot depends on America” as he earlier warned Washington not to side with Moscow in Europe’s worst conflict since World War II. The wartime leader spoke to the US officials as both Russia and Ukraine hit each other’s energy sites, with Moscow leaving thousands without power and Kyiv carrying out the largest drone attack on St Petersburg since...
The vessels, each carrying about two million barrels of crude oil, used an unauthorised route, the IRGC says.
From US threats to cut off intelligence support for Ukraine to a waiver of tariffs on Russian exports and a diesel deal that could help Russia fund its war, it has been a damaging week for ties between Kyiv and its most important ally, Washington. US President Donald Trump, frustrated by high energy costs he blames partly on Ukrainian strikes on Russian refineries, has repeatedly criticised Ukrainian President Volodymyr Zelensky. A disruption of US-provided satellite internet services raised...
Niger banned exports of diesel and premium petrol in a bid to address fuel supply challenges that the country has been facing in recent days, the ministry of trade and industry said in a statement on its Facebook page.
Brent oil hit $110 a barrel for the first time since May as prospects for imminent supply relief dwindle, prompting traders to ramp up bullish bets ahead of the weekend.
After nearly two decades of discussions Uganda is preparing to become an oil producing nation before the end of its financial year in June 2027. This comes as East Africa works to become more energy self sufficient amid a disruption in oil flows from the Middle East conflict. Kristina Kasebayo, Head of Compliance at the Uganda National Oil Company explaind to Bloomberg Television Chief Africa Anchor and Correspondent Jennifer Zabasajja in a fireside chat at Africa Energy Week. (Source: Bloomberg)
Bank of England Governor Andrew Bailey says Middle East energy shocks have pushed rate cuts off the table and that the BOE effectively tightened financial conditions without raising rates. He cautioned against inferring the central bank's next decision, noting officials have to assess pass-through risks. (Source: Bloomberg)
Oil was set for a second weekly advance as increasing Middle East supply risks weighed against a fresh release of emergency reserves.
Rio Times · Europe Intelligence Brief October 15, 2026 — European Council opens in Brussels under budget and energy strain; Kallas defends Ukraine's refinery strikes as self-defence; Croatia raises objections to Montenegro's EU accession progress. The post Europe Intelligence Brief — Thursday, October 15, 2026 appeared first on The Rio Times.
As South Africa’s state power utility relinquishes its monopoly over electricity provision, CEO Dan Marokane says it will remain a dominant player in the country and take on an increasingly important role in neighboring states. He spoke to Bloomberg Television’s Jennifer Zabasajja at the company’s Johannesburg offices. (Source: Bloomberg)
Tokyo, Oct. 15 (Jiji Press)--Japan's nuclear waste disposal body said Thursday that it has begun a literature survey in Hitachiomiya, Ibaraki Prefecture, eastern Japan, as part of the process for selecting a site for the permanent disposal of high-level radioactive waste from nuclear power plants. The Nuclear Waste Management Organization of Japan, or NUMO, will analyze geologic maps and ot...
Be warned. The global economy is likely to experience a recession next year. War across the Middle East is set to escalate, wrecking energy supplies for many years, even as the artificial intelligence (AI) bubble is ripe to burst. This, however, would also create an energy leadership opportunity for China. High energy prices already fuel demand for Chinese renewable energy products and electric vehicles. But as a leader in building coal-fired power plants, China can also offer the global market...
Only 1,000 MW has to be procured, that too only to meet the evening peak demand, for 16 days from October 15 to 31, says Energy Resources Minister
Mr. Revanth Reddy expressed his displeasure over interruptions