The global gas crisis is escalating, with fuel prices surging by 11% on March 15. Amid this crisis, California is debating fuel rationing options. A dozen countries have already implemented fuel restrictions, mirroring the energy crisis playbook of the 1970s.
The International Energy Agency (IEA) has recommended that consumers worldwide reduce energy consumption to address severe supply shortages and surging utility bills. Several governments are now implementing formal energy restrictions to mitigate the risks associated with what is being called the largest oil…
Read the full storyGas prices have surged by 26% following the escalation of geopolitical tensions and the outbreak of war in Iran, creating a significant supply-side shock. This sharp increase in energy costs is severely stifling the purchasing power of younger demographics, specifically Gen Z and Millennials. Prior to this crisis,…
Global energy markets are facing significant volatility as gas prices surged by 11%, triggering widespread concerns over supply stability. In a notable shift, California is currently debating fuel rationing options to manage the ongoing crisis, while a dozen countries have already implemented active restrictions on…