Oil prices up for geopolitical risk

Oil prices were little changed on Friday, but headed for a second week of losses as supply concerns driven by conflict in the Middle East eased, while the demand outlook from the world's top crude importer China remained uncertain. Brent crude futures were down 13 cents, or 0.1%, to $86.72 a

Geopolitical tension a major threat to climate action: IEA chief

The International Energy Agency (IEA) said Monday that nations need to set aside "geopolitical tensions" and fight for greater international cooperation in order to advance the struggle against climate change. "The 1.5C target" agreed in Paris in 2015 is "still within reach" but it faces "many challenges" the energy watchdog's boss

Vladimir Putin will eventually lose his war in Ukraine

The Kremlin will not be able to afford a sustained war effort in Ukraine for much longer. Russia is likely to lose this war, which began a little over six months ago. It has already lost geopolitically: its existential goal of bringing Ukrainians, who have now turned entirely to the West,