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The Latest Breaking News from Energy

17 Unusually Active Call Options: Buy 3 for Under $300 and Big Potential Profits

In Wednesday's trading, 17 unusually active call options had Vol/OI ratios greater than 10 and ask prices below a dollar. Three of them will cost you under $300 with a risk/reward you’re going to like.

Barchart

Higher for Longer: Why Energy Secretary Chris Wright Is Predicting Gasoline Prices Will Stay Above $3 Until 2027

U.S. Secretary of Energy Chris Wright believes gas prices may have peaked but will likely still stay above pre-war levels for a while.

Barchart

Europe Today: Ukraine loan set to be unlocked as EU moves to curb energy crisis

Tune in to Europe Today, Euronews' flagship morning programme at 8 am Brussels time. In just 20 minutes, we bring you up to speed on the biggest news of the day.

Euronews

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read the most diverse news in one place.

EU calls for energy vouchers, social tariffs and VAT reductions to curb soaring prices

The European Commission's short-term protections are paired with expectations of behavioural change, including reduced energy consumption or participation in demand flexibility schemes.

Euronews

Regulator to get power to ban energy bosses’ bonuses under reforms

Ofgem is to be ‘transformed’ to strengthen consumer protection under the first major update to its scope since it was founded in 2000.

Evening Standard

Energy firm bosses could lose bonuses if they ‘break the rules’ in major Ofgem reforms

The energy regulator is set to undergo a ‘transformation’ to enable it to enforce quicker compensation for households let down by their suppliers

The Independent UK

Miliband’s ‘break the link’ plan is not a magic formula for lowering energy bills

The government’s plan to de-link gas and electricity prices will have a modest effect – more promising are plans on EVs and heat pumps

The Guardian - UK

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U.S. Energy Sec says gas prices have likely peaked, but won't go below $3 until 2027. Trump says he’s ‘totally wrong’ about the timeline

The war could end in just a couple of weeks, says Energy Secretary Chris Wright, but it could take months for prices to go down.

Fortune

Government to ‘double down not back down’ on clean energy in face of gas spike

Key to the plans is breaking the link between gas and electricity prices

The Independent UK

Ed Miliband: I feared Mandelson’s appointment appointment would ‘blow up’

Asked if Sir Keir should lose his job, Ed Miliband said: ‘I don’t think so, no. Obviously I don’t.’

The Independent UK

UK electricity price shake-up: Will your bills rise or fall under the new clean energy plan?

The UK government is overhauling its electricity pricing to decouple household bills from volatile gas markets, aiming to leverage cheaper renewable energy. This "once-in-a-generation opportunity" seeks to deliver cleaner, more secure, and ultimately cheaper power by giving renewables a greater role in price setting.

The Times of India

Trump's Contradicting Claims on JD Vance, Iran War Plans Spark Concerns After He Was Removed from White House Meeting

Donald Trump's mental state is under scrutiny following contradictory statements about VP JD Vance and Iran war plans, leading to confusion and concerns among his aides and supporters.

International Business Times UK

Trump clashes with another cabinet member over gas prices staying high until 2027

IN FULL

The Independent UK

U.S. Gas Prices Could Stay Above $3 Into 2027 As Global Energy Shock Persists

Consumers face prolonged price pressure as geopolitical risks continue to ripple through global oil markets.

International Business Times

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The Independent UK

Over half of voters say they blame Trump ‘a lot’ for spiking gas prices

Most Democratic voters blame president ‘a lot’ – while most Republican voters place no blame on him at all

The Independent UK

Trump throws his own Energy Secretary under the bus and says he’s ‘totally wrong’ about gas staying above $3

Iranian forces said on Sunday that the Strait of Hormuz would remain closed as the U.S. blockade persists, spiking oil prices again

The Independent UK

Energy Secretary admits gas prices might not drop until next year

‘I don’t know’ when gas prices will come down, Trump energy chief tells CNN

Axios

Trump's energy boss: gas may stay above $3-per-gallon into 2027

Wright argued Trump has successfully managed the energy disruption.

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Pedestrian.tv

Geelong Refinery Fire Exposes How Thin Australia’s Fuel Safety Net Really Is

A fire at Viva Energy’s Geelong refinery has rattled confidence in Australia’s already stretched fuel system. Here’s what experts say.

International Business Times UK

Gas Prices May Not Hit $3 Until September, Treasury Chief Bessent Warns He's 'Watching' Gas Stations

Treasury Secretary Scott Bessent says $3 gas could arrive between June and September, warning the Trump administration plans to monitor gas stations. Stay updated on energy costs and petrol prices.

Euronews

Australia: Refinery fire raises fuel supply concerns amid Iran war

Fire at Viva Energy's Geelong refinery, which supplies 10% of Australia’s fuel, sparks supply fears as Iran war keeps global prices elevated.

AAP

Fresh fuel supply fears hosed down after refinery blaze

Australia will lean more heavily on fuel imports after a fire caused by a suspected gas leak ripped through one of the nation's two oil refineries.

The Independent UK

Trump’s energy secretary once said gas prices would fall by summer - now he’s not so sure

The national average gas price hit $4.118 per gallon Tuesday

Evening Standard

Reeves: Mini nuclear reactor deal ‘more important than ever’ amid Iran crisis

The Chancellor said driving forward nuclear power was ‘always the right thing to do’.

The Independent UK

Reeves hands Rolls-Royce £600m to develop UK’s first mini nuclear reactors

The Chancellor said driving forward nuclear power was ’more important than ever’ amid the Middle East crisis

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