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Dmitriev: Europeans overpay for gas because of EU bureaucrats’ stupidity

Kirill Dmitriev, Russia’s special representative for investment and foreign economic cooperation, said Europeans pay 12.2 times more for natural gas than Americans. He blamed EU bureaucrats for severing access to affordable, reliable Russian gas and said EU prices would keep rising, pressuring households.

Energy & commoditiesEuropean gas pricesEuropean UnionRussian gas

TTASSOriginal★★★☆☆2026-09-11 18:25

Dmitriev: Europeans overpay for gas because of EU bureaucrats’ stupidity

Rising petrol costs drive sharp US inflation increase in August

US consumer prices rose 0.4 percent in August, the biggest monthly increase in four months. Petrol prices climbed 3.9 percent and accounted for one-third of the overall rise, as tensions between Iran and the US and bottlenecks in the Strait of Hormuz pushed oil prices higher. The data strengthened expectations of a Federal Reserve rate hike.

Macro & central banksEnergy & commoditiesUS inflationpetrol pricesFederal Reserveoil prices

AAl JazeeraOriginal★★★☆☆2026-09-11 17:28

Rising petrol costs drive sharp US inflation increase in August
Rising petrol costs drive sharp US inflation increase in August
  • WATCH: Stocks and bonds rally after August inflation report
    WATCH: Stocks and bonds rally after August inflation report

    U.S. consumer prices accelerated in August as gasoline costs rebounded after two consecutive monthly declines, strengthening market expectations that the Federal Reserve will raise interest rates next week.

    US inflationFederal Reservestocksbonds

    RReuters★★★☆☆2026-09-11 13:50Original
  • US consumer inflation picks up in August
    US consumer inflation picks up in August

    U.S. consumer prices rose at a faster pace in August as gasoline costs rebounded after two consecutive monthly declines, strengthening financial market expectations that the Federal Reserve may raise interest rates next week.

    US inflationconsumer pricesFederal Reservegasoline prices

    RReuters★★★☆☆2026-09-11 12:50Original
  • Inflation heated up in August, raising the chance of a Fed rate hike

    Inflation accelerated in August, increasing the likelihood that the Federal Reserve will raise interest rates.

    US inflationFederal Reserveinterest rates

    CCNN★★★☆☆2026-09-11 12:50Original
  • Inflation picked up last month as gas prices jumped after Iran war
    Inflation picked up last month as gas prices jumped after Iran war

    U.S. inflation accelerated last month as gasoline prices surged after renewed fighting in the Middle East, highlighting affordability pressures that are weighing on many voters as the midterm elections approach.

    US inflationgas pricesMiddle East fighting

    TThe Associated Press★★★☆☆2026-09-11 12:44Original
  • Consumer prices rose 0.4% in August, while core inflation exceeded estimates
    Consumer prices rose 0.4% in August, while core inflation exceeded estimates

    The all-items consumer price index increased 0.4% in August, in line with expectations, while core inflation excluding food and energy came in higher than forecast. Dow Jones consensus had projected a 0.2% rise in the core index.

    US inflationconsumer pricescore inflation

    CCNBC★★★☆☆2026-09-11 12:35Original

EXCLUSIVE: White House weighs using Defense Production Act to expand US oil refining

The White House is considering how to invoke the Defense Production Act to increase U.S. oil-refining capacity, two people familiar with the administration’s plans said. The conflict with Iran has highlighted the country’s exposure to global crude-supply disruptions and price spikes.

Energy & commoditiesCompanies & industryWhite HouseUnited Statesoil refiningDefense Production Act

RReutersOriginal★★★★☆2026-09-11 16:50

EXCLUSIVE: White House weighs using Defense Production Act to expand US oil refining
EXCLUSIVE: White House weighs using Defense Production Act to expand US oil refining

Hungary to give targeted subsidy to owners of diesel-powered cars

Hungary will offer targeted assistance to households that use diesel-powered cars to offset higher fuel prices, Prime Minister Peter Magyar said on Friday. The government will not cap prices because that could lead to supply shortages.

Energy & commoditiesCompanies & industryHungarydiesel carsfuel pricesgovernment subsidy

RReutersOriginal★★★☆☆2026-09-11 16:00

Hungary to give targeted subsidy to owners of diesel-powered cars
Hungary to give targeted subsidy to owners of diesel-powered cars

Saudi oil supply hits more than three-decade low after Houthi attacks, IEA says

Saudi Arabia’s crude supply dropped by 2.3 million barrels per day from the previous month to 6 million bpd in August, its lowest level in more than three decades, the International Energy Agency said, attributing the decline to attacks on Saudi energy facilities.

Energy & commoditiesSaudi ArabiaHouthi attacksoil supplyIEA

RReutersOriginal★★★★☆2026-09-11 15:45

Saudi oil supply hits more than three-decade low after Houthi attacks, IEA says
Saudi oil supply hits more than three-decade low after Houthi attacks, IEA says
  • Russian MP Slutsky condemns Houthi attacks on Saudi civilian and economic targets

    Leonid Slutsky, chairman of the Russian State Duma’s International Affairs Committee, condemned Houthi strikes on civilian and economic targets in Abha, Khamis Mushait, Jazan and Najran, saying they violated Saudi Arabia’s sovereignty and endangered its security. He also denounced attacks on Red Sea commercial vessels as violations of free navigation. Saudi media reported 73 people, including women and children, were injured on September 8.

    Saudi ArabiaHouthisattacksRed Sea

    TTASS★★★★☆2026-09-11 14:46Original

EXCLUSIVE: Big coffee shipments set to lift exchange stocks and weigh on prices

Traders plan to deliver substantial volumes of arabica coffee from Brazil, the world’s largest producer, to ICE exchange warehouses, according to dealers, brokers and analysts familiar with the plans. Stocks have fallen to 26-year lows, pushing prices higher.

MarketsEnergy & commoditiescoffeeBrazilcommodities

RReutersOriginal★★☆☆☆2026-09-11 14:30

EXCLUSIVE: Big coffee shipments set to lift exchange stocks and weigh on prices
EXCLUSIVE: Big coffee shipments set to lift exchange stocks and weigh on prices

US inflation holds at 3.4% as monthly price rises hit fastest pace since May

US consumer prices rose 3.4% year on year through August, unchanged from July and matching expectations. But the 0.4% monthly increase was the fastest since May, suggesting the energy shock is beginning to bite four days before a Federal Reserve decision that markets expect will bring a rate hike.

Macro & central banksEnergy & commoditiesCompanies & industryUS inflationconsumer pricesFederal Reserveenergy prices

EeuronewsOriginal★★★☆☆2026-09-11 13:25

US inflation holds at 3.4% as monthly price rises hit fastest pace since May

ECB policymakers open door to more rate hikes on energy risk

Two European Central Bank policymakers said further interest-rate increases could follow if war-driven energy price rises persist and push up other prices across the euro zone.

Macro & central banksMarketsEnergy & commoditiesEuropean Central Bankinterest ratesenergy priceseuro zone

RReutersOriginal★★★★☆2026-09-11 12:30

ECB policymakers open door to more rate hikes on energy risk
ECB policymakers open door to more rate hikes on energy risk

China pledges to advance green mining at home and abroad

Vice Premier He Lifeng said at the 2026 China Mining Conference and Exhibition in Tianjin that China will speed up the development and use of green, intelligent mining technologies and cooperate with other countries on sustainable global mining. China also issued new standards for green exploration and mine development and unveiled two AI systems for geological surveying and mineral prospecting.

Energy & commoditiesgreen miningintelligent miningcritical mineralsTianjin

CCGTNOriginal★★★☆☆2026-09-11 12:29

China pledges to advance green mining at home and abroad
China pledges to advance green mining at home and abroad

Azerbaijan’s state oil fund helps launch China-ASEAN investment council

Azerbaijan’s State Oil Fund, SOFAZ, helped launch the China-ASEAN investment council. It is the only founding member from outside East and Southeast Asia, reflecting Azerbaijan’s position on the trade corridor linking Asia and Europe.

MarketsEnergy & commoditiesTrade & sanctionsAzerbaijanSOFAZChina-ASEANinvestment

EeuronewsOriginal★★☆☆☆2026-09-11 12:19

Azerbaijan’s state oil fund helps launch China-ASEAN investment council

Beijing freezes energy-storage battery plant approvals amid overcapacity fears

Beijing has halted approvals for new energy-storage battery production facilities as industry officials warn of excess supply and destructive price competition. Companies have been barred from adding capacity since May, while regulators including the Ministry of Industry and Information Technology moved to curb a construction boom that could create severe overcapacity.

Energy & commoditiesenergy-storage batteriesovercapacityprice competition

SSouth China Morning PostOriginal★★★☆☆2026-09-11 11:43

Beijing freezes energy-storage battery plant approvals amid overcapacity fears
Beijing freezes energy-storage battery plant approvals amid overcapacity fears

Europe spends record €7.3bn on Russian Arctic gas in eight months, surpassing 2025 total

Europe spent a record €7.3 billion on Russian Arctic gas in the first eight months of the year, exceeding the total for 2025. Scotland’s Seapeak and the Greek-linked Dynagas dominate the Arctic shipping network, with vessels tied to them handling 72% of Yamal LNG exports.

Energy & commoditiesTrade & sanctionsEuropeRussian gasArctic shippingYamal LNG

EeuronewsOriginal★★★★☆2026-09-11 11:21

Europe spends record €7.3bn on Russian Arctic gas in eight months, surpassing 2025 total

Harbour Energy’s top shareholder cuts stake further to 16% in discounted sale

BASF, Harbour Energy’s largest shareholder, has reduced its holding in the British oil and gas producer again. The sale was the biggest block disposal of Harbour shares on record and sent the stock down more than 3%.

Energy & commoditiesCompanies & industryBASFHarbour Energystake saleoil and gas

RReutersOriginal★★☆☆☆2026-09-11 10:50

Harbour Energy’s top shareholder cuts stake further to 16% in discounted sale
Harbour Energy’s top shareholder cuts stake further to 16% in discounted sale

Global bond sell-off deepens as $100 oil stokes stagflation fears

The global bond sell-off is intensifying as oil above $100 fuels fears of stagflation. Germany’s 10-year bond yield, regarded as the euro area benchmark, moved above 3.5% on Friday for the first time since April 2011.

MarketsEnergy & commoditiesBondsOil pricesStagflationGermany

CCNBCOriginal★★★★☆2026-09-11 10:35

Global bond sell-off deepens as $100 oil stokes stagflation fears
Global bond sell-off deepens as $100 oil stokes stagflation fears

Italy moves to speed oil, gas projects in energy security push

Italy adopted measures on Thursday to boost domestic oil and gas production, Prime Minister Giorgia Meloni said. The steps seek to cut red tape around drilling licenses and reduce the country’s dependence on imported fossil fuels.

Energy & commoditiesItalyenergy securityoil and gas

RReutersOriginal★★★☆☆2026-09-11 09:50

Italy moves to speed oil, gas projects in energy security push
Italy moves to speed oil, gas projects in energy security push

China caps fuel price rises for third time since Iran war began

China has capped increases in retail transportation-fuel prices for the third time since the Iran war began, the state planner said Friday, seeking to cushion the domestic market from rising international oil prices.

Energy & commoditiesChinafuel pricesinternational oil prices

RReutersOriginal★★★☆☆2026-09-11 09:35

China caps fuel price rises for third time since Iran war began
China caps fuel price rises for third time since Iran war began

OPEC+ output falls by 980,000 bpd in August, remains below target — IEA

Oil production by OPEC+ countries participating in the output-cut agreement fell by 980,000 barrels per day in August, the IEA said. Their target was 34.27 million bpd, but actual output was 27 million bpd, leaving production about 7.26 million bpd below plan. Total OPEC+ output fell by 1.46 million bpd to 33.11 million bpd.

Energy & commoditiesCompanies & industryOPEC+oil productionIEA

TTASSOriginal★★★☆☆2026-09-11 09:32

OPEC+ output falls by 980,000 bpd in August, remains below target — IEA

IEA warns 2026 oil supply gap will widen as normal Gulf flows are delayed

The International Energy Agency said global oil supply and demand will contract more than previously expected this year. With no progress toward ending the Iran war, normal Middle East flows may not return until 2027, driving fuel prices sharply higher.

Energy & commoditiesoil supplyfuel pricesIran war

RReutersOriginal★★★★☆2026-09-11 09:25

IEA warns 2026 oil supply gap will widen as normal Gulf flows are delayed
IEA warns 2026 oil supply gap will widen as normal Gulf flows are delayed

Russia’s oil exports fall to 6.44 mbd in August as revenues rise to $13.8 bln — IEA

Russia’s oil and petroleum-product exports declined by 410,000 barrels per day in August to 6.44 million bpd, the IEA reported. Export revenue rose by $330 million month-on-month to $13.87 billion as oil and petroleum-product prices increased, exceeding last August’s figure by $320 million.

Energy & commoditiesTrade & sanctionsCompanies & industryRussiaoil exportsIEA

TTASSOriginal★★★☆☆2026-09-11 09:05

Russia’s oil exports fall to 6.44 mbd in August as revenues rise to $13.8 bln — IEA

US diesel prices soar past $6 a gallon, deepening strain on everyday goods hauling

Average U.S. diesel prices have set another record by climbing above $6 a gallon. Washington’s war with Iran is disrupting the global flow of fuel and putting greater pressure on the transport of everyday goods.

Energy & commoditiesUS diesel pricesfuel supplyIran war

TThe Associated PressOriginal★★★★☆2026-09-11 08:44

US diesel prices soar past $6 a gallon, deepening strain on everyday goods hauling
US diesel prices soar past $6 a gallon, deepening strain on everyday goods hauling

Hong Kong draws back talent as IPO boom fuels financial hub revival

Hong Kong is attracting professionals back as a booming IPO market helps the city regain ground as a global financial hub, reversing the talent exodus that followed the political and social unrest of 2019 and some of the world’s strictest COVID restrictions.

MarketsEnergy & commoditiesBanking & financeHong KongIPOsfinancial hubtalent return

RReutersOriginal★★★☆☆2026-09-11 06:50

Hong Kong draws back talent as IPO boom fuels financial hub revival
Hong Kong draws back talent as IPO boom fuels financial hub revival

Global bond selloff pushes 10-year US yield toward 5% on oil, rate-hike fears

A worldwide bond selloff sent the U.S. 10-year Treasury yield close to the closely watched 5% threshold on Friday. Investors were rattled by inflation fears after oil prices surged well above $100 a barrel and by growing expectations of a near-term U.S. rate hike.

Macro & central banksMarketsEnergy & commoditiesglobal bondsUS Treasuriesoil pricesinterest rates

RReutersOriginal★★★★☆2026-09-11 06:15

Global bond selloff pushes 10-year US yield toward 5% on oil, rate-hike fears
Global bond selloff pushes 10-year US yield toward 5% on oil, rate-hike fears

Dollar holds gains, yen slips as Middle East energy shock deepens

The dollar stayed near its highest level of the past week in Asian trading on Friday, while the yen weakened. Renewed fears of disruptions to Middle East energy supplies lifted bond yields and oil prices.

MarketsEnergy & commoditiesUS dollarJapanese yenenergy supplyoil prices

RReutersOriginal★★★★☆2026-09-11 06:05

Dollar holds gains, yen slips as Middle East energy shock deepens
Dollar holds gains, yen slips as Middle East energy shock deepens
  • Australian fuel prices set to rise by 30c as global markets react to ‘deadly cocktail’
    Australian fuel prices set to rise by 30c as global markets react to ‘deadly cocktail’

    Australian petrol and diesel prices could rise by 20 to 30 cents a litre in coming weeks after the escalating Middle East conflict pushed Brent crude above $108 a barrel. Investors sold stocks and bonds amid concerns over high energy costs, Donald Trump’s proposed $5,000 dividend and the prospect of further US and Australian interest-rate rises.

    Australian fuel pricesoil pricesMiddle East conflictinterest rates

    TThe Guardian★★★★☆2026-09-11 06:00Original

Why are European banks moving their gold out of the US?

The Netherlands and France have shifted gold out of US vaults amid concerns about access during a crisis and confidence in US reliability. The Dutch central bank cited geopolitical unrest and crisis preparedness, while France said its move was not politically motivated. Central banks are increasingly weighing where reserves are stored as well as what they hold.

Energy & commoditiesBanking & financegold reservesEuropean banksUnited Statesgeopolitics

DDWOriginal★★★☆☆2026-09-11 05:17

Why are European banks moving their gold out of the US?
Why are European banks moving their gold out of the US?

EU imports of Russian LNG plummet, with Belgium down to zero, report says

Belgium imported no Russian LNG in August, helping drive a 46% month-on-month drop in EU imports to their lowest monthly level since Russia’s full-scale invasion began, CREA reported. France, Spain and the Netherlands remain importers, while an EU ban is set to take effect in January 2027.

Energy & commoditiesTrade & sanctionsEURussian LNGBelgiumenergy sanctions

TThe Kyiv IndependentOriginal★★★★☆2026-09-11 04:50

EU imports of Russian LNG plummet, with Belgium down to zero, report says
EU imports of Russian LNG plummet, with Belgium down to zero, report says

Treasury Yields Surge as Oil and Buyback Results Fuel Selloff

The US bond-market selloff intensified on Thursday as surging oil prices stoked inflation concerns. The Treasury Department also purchased fewer bonds than expected in its first expanded buyback operation, adding to the pressure on yields.

Macro & central banksMarketsEnergy & commoditiesCompanies & industryUS Treasuriesbond marketsoil pricesinflation

BBloomberg NewsOriginal★★★☆☆2026-09-11 04:30

Treasury Yields Surge as Oil and Buyback Results Fuel Selloff
Treasury Yields Surge as Oil and Buyback Results Fuel Selloff

Bitcoin mining supplies 90% of HIVE’s $1 million daily revenue despite AI expansion

HIVE Digital Technologies said Bitcoin mining and GPU-cloud operations generated more than $1 million in average daily revenue from Aug. 21 to Sept. 10. GPU cloud contributed about $100,000 a day, leaving mining responsible for more than 90%. The figures are preliminary, unaudited management estimates, while HIVE’s larger AI contract pipeline is not yet recognized as revenue.

Macro & central banksEnergy & commoditiesCryptoCompanies & industryTech & AIHIVE Digital TechnologiesBitcoin miningGPU cloudAI infrastructure

CCryptoSlateOriginal★★☆☆☆2026-09-11 03:50

Bitcoin mining supplies 90% of HIVE’s $1 million daily revenue despite AI expansion
Bitcoin mining supplies 90% of HIVE’s $1 million daily revenue despite AI expansion

Bitcoin tests critical $76,000 support amid macro energy shock

Bitcoin fell below $77,000 on Sept. 10 and reached an intraday low of $76,676.07 as oil moved above $100 a barrel and a global bond selloff lifted expectations for another Federal Reserve rate increase. Treasury yields climbed sharply, while traders priced in about a 76% chance of a quarter-point hike next week as the latest inflation data lagged the renewed energy surge.

Macro & central banksEnergy & commoditiesCryptoBitcoinoil pricesinflationFederal Reserve

CCryptoSlateOriginal★★★☆☆2026-09-11 02:40

Bitcoin tests critical $76,000 support amid macro energy shock
Bitcoin tests critical $76,000 support amid macro energy shock

Foreign Carmakers Slash Petrol-Car Prices in Cutthroat China Market

Foreign automakers are cutting prices on petrol-powered cars made in China by more than 20% as weak consumer demand intensifies competition. CPCA data showed Volkswagen, Toyota and other major international brands offered average discounts of 23.4% last month, compared with 23.7% in July.

Energy & commoditiesCompanies & industryChina auto marketforeign automakerspetrol carsdiscounts

SSouth China Morning PostOriginal★★☆☆☆2026-09-11 01:45

Foreign Carmakers Slash Petrol-Car Prices in Cutthroat China Market
Foreign Carmakers Slash Petrol-Car Prices in Cutthroat China Market

China willing to help advance global energy security: vice premier

Chinese Vice Premier Ding Xuexiang said at the opening of the 16th APEC Energy Ministerial Meeting in Beijing that China is ready to work with all parties on global energy security and sustainable development. He called for expanded distributed energy and charging infrastructure, joint research on new storage and digital grids, and stable energy supply chains and markets.

Energy & commoditiesChinaglobal energy securityAPECenergy transition

CCGTNOriginal★★★★☆2026-09-11 00:37

China willing to help advance global energy security: vice premier
China willing to help advance global energy security: vice premier

Russian-owned Irish refinery held private talks with government over sanctions fallout, Irish Times reports

Aughinish Alumina told senior Irish officials that Russia’s full-scale invasion of Ukraine and its links to sanctioned oligarch Oleg Deripaska had made operations difficult, the Irish Times reported. The Foynes refinery is owned by Rusal, and shipments of alumina to Russia now account for about half its business. The EU is reportedly considering alumina in its next sanctions package.

Energy & commoditiesTrade & sanctionsIrelandRusalsanctionsalumina

TThe Kyiv IndependentOriginal★★★☆☆2026-09-10 21:56

Russian-owned Irish refinery held private talks with government over sanctions fallout, Irish Times reports
Russian-owned Irish refinery held private talks with government over sanctions fallout, Irish Times reports

Brent crude on ICE rises above $109 a barrel for first time since May 21

November Brent crude futures on London’s ICE exchange climbed above $109 per barrel for the first time since May 21, trading data showed. At 11:57 p.m. Moscow time on September 10, the contract was up 1.33% at $109.06; by 12:02 a.m., gains had eased to 1.1% and $108.81.

Energy & commoditiesBrent crudeoil pricesICE exchange

TTASSOriginal★★☆☆☆2026-09-10 21:22

Brent crude on ICE rises above $109 a barrel for first time since May 21

From pipelines to railways and AI, Ottawa pitches 167 projects ahead of Carney’s investment summit

The federal government’s investment prospectus lists 167 opportunities across eight sectors ahead of next week’s Canada Investment Summit in Toronto, where Ottawa will promote the projects.

Macro & central banksMarketsEnergy & commoditiesTech & AICanadainvestment summitinfrastructureartificial intelligence

CCBC NewsOriginal★★★☆☆2026-09-10 21:20

From pipelines to railways and AI, Ottawa pitches 167 projects ahead of Carney’s investment summit