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French EDF Energy in talks to buy British So Energy as UK supply market consolidates

France's EDF Energy is reportedly in discussions to buy So Energy, the smaller British supplier whose Irish parent company has put it up for sale, in ...

Sep 07, 2026 · Staff
Originally on Wedgetail
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Oil prices could reach $120 amid escalation in Middle East waters — Bloomberg

If oil exports from the region return to normal, prices could fall to $80 per barrel, Daan Struyven, co-head of global commodities research at the ban...

Sep 07, 2026 · Staff
Originally on Wedgetail
News
Thai Sugar Output to Drop at Least 17%, Worsening Global Squeeze

Thailand’s sugar output may drop at least 17% in the coming season, adding to the strain on global supplies as dryness hits some of the world’s major ...

Sep 07, 2026 · Staff
Originally on Wedgetail
News
South Korea, US agree on more than $20 billion gas plant investment in Texas, media reports

SEOUL, Sept 7 - South Korea and the United States have agreed on the size of Seoul's planned investment in a gas project in Texas at around $22.3 bill...

Sep 07, 2026 · Staff
Originally on Wedgetail
News
Grid-connected wave energy test facility opens in US

The first fully operational, pre-permitted and grid-connected wave energy test facility in the continental […] The post Grid-connected wave energy tes...

Sep 07, 2026 · Staff
Originally on Wedgetail
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[Key Points] Seoul reassesses Hormuz role as risks and pressure mount

Deployment recalibration: Seoul is reassessing a possible Hormuz military contribution as US-Iran fighting intensifies. It says no decision has been m...

Sep 07, 2026 · Staff
Originally on Wedgetail
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Iran says to announce new restricted zone in the Gulf in the coming days

By Yasnime Ghania and Hatem MaherDUBAI, Sept 7 (Reuters) - Iran said it will announce a new restricted zone in the Gulf in the coming days, along with...

Sep 07, 2026 · Staff
Originally on Wedgetail
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Iran vows to respond to US strikes, says US energy companies' facilities are 'exposed'

By Nayera Abdallah and Eman AbouhassiraDUBAI, Sept 7 (Reuters) - Iran threatened on Monday to retaliate against any new U.S. attacks on its assets, wa...

Sep 07, 2026 · Staff
Originally on Wedgetail
News
South Africa: Eskom Carries South Africa Through Load Shedding Free Winter

[SAnews.gov.za] Eskom has successfully powered South Africa through the entire 2026 winter season without the implementation of load shedding, keeping...

Sep 07, 2026 · Staff
Originally on Wedgetail
News
China Oil Demand Revival Spurs Price Spikes From Congo to Brazil

A rebound in Chinese oil buying is driving up the prices of African, Canadian and Latin American crudes as disruptions in the Strait of Hormuz see ref...

Sep 07, 2026 · Staff
Originally on Wedgetail
News
South Africa: Foot-and-Mouth Disease Spreads in Nelson Mandela Bay, Raising Fears for Local Dairy Industry

[Daily Maverick] Agri Eastern Cape has sought a legal opinion on whether or not municipalities can be held liable for any losses farmers or livestock ...

Sep 07, 2026 · Staff
Originally on Wedgetail
News
US, Iran Exchange Tanker Attacks as War Continues

The US and Iran carried out what appeared to be their largest tit-for-tat tanker strikes yet over the weekend. The US military said it struck three Ir...

Sep 07, 2026 · Staff
Originally on Wedgetail