Iran, Energy Crisis
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With oil supply disrupted, Beijing's oil reserves and renewable energy push are being put to the test.
The Trump administration is asking other countries to help escort ships through the Strait of Hormuz, but a deal isn’t set.
T O UNDERSTAND HOW China is weathering the energy shock from the Iran war, it helps to turn back five years to Xi Jinping’s visit to an ageing oilfield on China’s eastern coas
An Iranian drone strike temporarily shut Dubai’s airport. That’s a crucial global travel hub and the attack underscored the threats to the world economy.
Tonight, we get a rare look inside a Cuban hospital, as doctors struggle to treat patients amid the growing power and energy crisis there. NBC News’ George Solis is the first journalist given access to a hospital in Cuba in more than a decade.
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Energy crisis, rising prices: Pakistan cancels Republic Day parade as fuel shortage hits hard
Pakistan has cancelled its March 23 Republic Day parade due to a worsening fuel crisis caused by disrupted oil supplies through the Strait of Hormuz. Rising import costs, fuel shortages and inflation forced the government to adopt austerity steps,
Officials announced an island-wide blackout in Cuba on Monday. The blackout comes as Cuba's energy and economic crises deepen. This recent blackout comes just over a week after another blackout impacting the island's western area left millions without power.
The war in Iran has sparked a global energy crisis that has rocked markets and sent oil prices surging to their highest level in four years. The chances of a quick resolution appear to be deteriorating as the conflict escalates, as do hopes that the U.S. economy might escape unscathed.