EU selects 46 strategic raw materials projects across 16 member states
The European Commission on Friday announced 46 new strategic projects across 16 EU member states to bolster supplies of critical raw materials, diversify sourcing and reduce dependence on external suppliers. The selection was announced in Brussels. The projects are tied to the EU's Critical Raw Materials Act targets for 2030, which seek to ensure that EU capacity covers at least 10 percent of annual consumption through extraction, 40 percent through processing and 25 percent through recycling of strategic raw materials. The Commission said the new projects were chosen from 102 applications. The package includes eight extraction projects, 11 processing projects,... [Continue Reading]
Breaking-360LiveNews | 09 Oct 2026 12:00 LONDON
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Has Russia's fuel crisis given Iranian oil an opening in Central Asia?
Iran's oil exports have struggled under a US blockade, but a Russian fuel crisis caused by Ukrainian attacks on energy infrastructure may be creating a new opening in Central Asia. Countries in the region have begun buying oil from Iran as Russian fuel supplies they have long depended on run short. The shift is emerging as Moscow faces mounting pressure from drone strikes on refineries linked to its war in Ukraine.In August, Tajikistan said it was receiving oil and petroleum products from Iran as Dushanbe faced uncertainty over supplies from Russia. Also in August, Tehran agreed to establish a joint... [Continue Reading]
360LiveNews | 07 Oct 2026 08:02 LONDON
UK energy suppliers press government over winter bill rises
Energy suppliers in the United Kingdom are pressing the government to act immediately as households face another rise in energy costs this winter. The trade body Energy UK said higher domestic gas prices and forecasts of a sharp increase in January mean delay could deepen the pressure on consumers. The warning comes as millions of households on variable tariffs remain exposed to the regulator's price cap.The latest figures cited by the industry point to a 4% increase in bills at the start of October for households in England, Scotland and Wales on Ofgem's capped tariffs. That rise was described as... [Continue Reading]
360LiveNews | 03 Oct 2026 05:00 LONDON
