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Countries are rapidly expanding renewable energy capacity, with the UK setting new records in solar and wind generation. Meanwhile, Turkey leads in battery storage approvals, signaling a regional move toward energy independence and decarbonisation. These developments reflect a broader push for cleaner, more resilient energy systems.
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UK gas storage levels are currently around two days' worth of supply, down from last year, but remain within expected ranges. Despite concerns over the Middle East conflict disrupting global gas markets, the UK’s diverse supply sources and increased imports help maintain stability. Experts warn that ongoing geopolitical tensions could threaten future energy security.
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The US Interior Department announced that TotalEnergies will receive nearly $928 million to cancel offshore wind leases off North Carolina and New York. The company will instead invest in US fossil fuel projects, including a liquefied natural gas plant in Texas, reflecting a shift away from renewable energy under the current administration.
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G7 ministers are meeting via videoconference to address the economic impact of the Middle East conflict, focusing on soaring energy prices, supply disruptions, and US war aims. The meeting aims to coordinate responses and clarify US objectives as tensions escalate and oil markets remain volatile.
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As of April 2026, the UK government is managing the economic and diplomatic fallout from the US-Israel war on Iran, which has disrupted global oil supplies via the Strait of Hormuz. Prime Minister Sir Keir Starmer faces strained relations with US President Donald Trump over UK non-involvement in offensive strikes. The government is implementing targeted cost-of-living support, including a £1 billion Crisis and Resilience Fund and energy price cap reductions, while urging de-escalation and closer ties with Europe.
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The UK government is reopening the Ensus plant on Teesside with £100m support to address potential CO2 shortages caused by the Iran conflict. The plant, shut last September due to trade deal impacts, will operate initially for three months to bolster supply for food, healthcare, and industrial sectors.