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drilling for oil

  • Iran mocks Trump’s peace talks as oil price takes sharp drop

    Markets

    The Iranian regime has mocked claims from Donald Trump that talks to end the war were progressing as markets struggle to digest a mixed bag of messages. Tehran downplayed expectations of any immediate ceasefire, following emerging reports that the US had offered a 15-point ceasefire plan. The President said the US was in “productive” talks [...]

    Protesters in Tehran holding banners amid ongoing civil unrest in Iran, capturing the tension and demands for change
  • Oil and gas prices surge after Trump threatens to ‘blow up’ Iran energy site

    Markets

    The surging price of oil and gas rocked markets this morning as tensions across the Middle East continued to spike fears of an energy crisis. Brent crude – the international benchmark for oil – hit $113 this morning, one of the highest levels since the conflict broke out three weeks ago. Meanwhile the price of [...]

    Donald Trump speaking at a press conference, addressing media questions, wearing a suit and tie, with American flags in ba...
  • ‘Pressure point’: Oil prices spike as Trump turns up heat on Nato

    Energy

    The price of oil spiked once more as trading for the new week began after Donald Trump ramped up pressure on his Nato peers to help get supply flowing. Brent crude, the international benchmark for oil prices, jumped 2.9 per cent as trading open after the weekend to near $106.12 a barrel, but later gave [...]

    Donald Trump and Keir Starmer in a joint press conference discussing international relations and trade policies
  • COP out: Big businesses swerve climate conference

    November 18, 2025

    COP 26 in Glasgow represented a high-water mark for companies flouting their ambitious transition plans and lofty climate credentials. This year’s summit could not be more different, writes Ali Lyon. Reclining on stage at the 26th COP summit in his native Glasgow, Alan Jope was at home both literally and spiritually. The Unilever chief executive [...]

  • The climate activist case for continued drilling for fossil fuels

    August 29, 2025

    A pragmatic energy transition requires maintaining domestic oil and gas production as a strategic bridge to a renewable future, in order to prevent higher emissions from foreign imports while securing national energy sovereignty, says Callum Adamson “Drill, baby, drill” is not something you’d expect a ‘climate activist’ to say. You probably wouldn’t hear it from [...]

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