Browsing: Reuters

Italy’s Energy Crisis Puts Future Defence Spending at Risk

Italy warns that the ongoing energy crisis is casting a shadow over its defense budget plans, hinting at possible delays or cuts as costs continue to soar. The government is grappling with difficult decisions, striving to balance national security priorities against mounting economic challenges

China Dramatically Cuts Fuel Exports, Shipping Data Shows

China is dialing back fuel exports instead of imposing a ban, according to a Reuters analysis of shipping data. This savvy strategy seeks to secure domestic supply amid soaring global energy demand, showcasing a deliberate effort to balance homegrown needs with the pressures of international markets