Brent crude prices rise 3% to $101 per barrel.

Europe paid $32 billion more for oil and gas due to Iran war, says EU Commission President von der Leyen.

European Commission President Ursula von der Leyen says Europe has paid an additional $32 billion for oil and gas imports due to the impacts of the Iran conflict.

Brent oil futures climb above $100 as diplomatic talks falter.

Brent oil futures have risen above $100 a barrel as diplomatic talks show signs of faltering.

LNG tanker orders accelerate amid Iran war uncertainty, Reuters reports

Orders for LNG tankers are increasing despite an uncertain outlook due to the war involving Iran, according to a Reuters report.

Renewables protect European nations from electricity price surge after US-Israel strikes on Iran, price data reveals.

Countries with higher renewable energy output have experienced lower electricity price increases since the United States and Israel attacked Iran, according to price comparisons across Europe.