Potentially record-breaking El Niño could push temperatures to new highs

The World Meteorological Organization (WMO) reports an 80% chance that an El Niño will develop between June and August 2026. Most models suggest it could be moderate to strong, reminiscent of the 2023‑24 event that… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Britain announces ambitious 87% emissions‑reduction target for 2040

The Labour government has set an aggressive target to reduce UK greenhouse gas emissions by around 87% by 2040 relative to 1990 levels, making the UK’s pathway one of the most ambitious among G7 nations.… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Hormuz supply disruption pushes refined fuel margins above historical averages

Iran’s threats to maritime traffic in the Strait of Hormuz have sharply restricted crude flows and led refiners across Asia to curtail intake. With the Strait still largely closed, Goldman Sachs expects refined fuel margins to remain two to three times higher than the 2013‑2019 average throughout 2026, even if crude prices stay relatively contained. […]