The world has spent its emergency oil, the only stockpile growing is Iran's
Six months into the war around the Strait of Hormuz, the world's emergency oil reserves are close to spent.
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Kurdish PKK’s Iran arm PJAK to maintain operations
Group also warns proposed disarmament of brother organisation will prove unsustainable if Turkey continues to frame Kurdish question primarily as security problem.
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Trump announces deal giving US majority stake in Venezuelan oilfields
Washington-backed venture to take majority stake in 17 fields as Caracas seeks investment to revive its ailing oil industry and Trump faces pressure over petrol prices.
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Azerbaijan's banks grow credit 15 times faster than the economy
Azerbaijan's banks are expanding credit more than 15 times faster than the economy they lend into, with profits up a quarter and a bad-loan surge abruptly stalling.
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Europe is heading into winter waiting for Qatari gas that is not coming back
Europe's gas traders have spent the summer betting that the Gulf war would end in time. It has not, and the bill for that bet falls due in November.
Read StoryMissile War Monitor: Russia and Ukraine strip out each other's delivery networks
Russian drones destroyed the distribution centres of four Ukrainian retail chains in one night, while Ukrainian drones set fire to the eighth Russian refinery hit this month. Kherson lost the last of its heat and power generation.
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Four EU foreign ministers reopen the fight over Russia's €210bn
Four EU foreign ministers have told Brussels the money already promised to Ukraine will not be enough, and that Russia's immobilised assets must come back onto the table.
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High gas prices prevent European traders from filling empty tanks
Europe has ten weeks to fill its gas tanks and a price curve that punishes anyone who tries.
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