Chancellor Merz and Minister Reiche Clash Over Kerosene Supply as Government Seeks Answers Katherina Reiche says Germany’s kerosene supply is secure, rejecting claims of an imminent shortage and contradicting Chancellor …
shortage
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World
Yemeni riyal stabilization sparks severe nationwide cash shortage
by anna walterby anna walterYemeni riyal liquidity crisis deepens as Aden measures stabilise currency but drain cash Yemen’s central bank actions have steadied the Yemeni riyal, but a resulting liquidity crunch is leaving businesses …
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Business
German transport sector braces for rising insolvencies amid driver shortage
by Leo Müllerby Leo MüllerGerman transport insolvencies set to rise as fuel costs and driver shortage squeeze mid-sized firms German transport insolvencies are expected to rise as fuel costs, a 120,000-driver shortage and weak …
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Business
Kerosene Shortage Threatens Europe as Klingbeil Urges Emergency Measures
by Leo Müllerby Leo MüllerKerosene shortage warning: Germany’s finance minister urges action after IEA supply alert Finance Minister Lars Klingbeil warns of a kerosene shortage after an IEA alert, urging supply measures and faster …
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Business
Geelong refinery fire stokes Australia fuel shortage as Albanese faces political pressure
by Leo Müllerby Leo MüllerAustralia fuel shortage deepens after Geelong refinery fire Geelong refinery blaze slashed domestic output and forced PM Albanese to return as Australia faces fuel shortages, tax cuts and rising political …
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Business
IEA warns Europe could face kerosene shortage within six weeks
by Leo Müllerby Leo MüllerEurope Faces Kerosene Shortage as IEA Warns Stocks Could Last Only Six Weeks IEA warns Europe may face a kerosene shortage within weeks as Hormuz blockade disrupts supplies; EU readies …
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Business
Iran war drives global pistachio shortage and hikes Dubai chocolate prices
by Leo Müllerby Leo MüllerIran conflict triggers global pistachio crisis, pushing prices for luxury confections Iran’s conflict disrupts pistachio exports, triggering a global pistachio crisis that raises prices and benefits California growers while squeezing …
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Business
Tuvalu declares state of emergency on Funafuti amid fuel shortage
by Leo Müllerby Leo MüllerTuvalu Declares Fuel Emergency on Funafuti Amid Global Oil Price Surge Tuvalu fuel emergency declared as authorities warn of two-week rationing on the capital island due to supply disruptions and …