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El Niño weather phenomenon set to deliver massive blow to global economy

The UN warns El Niño is a "supersized" phenomenon that will hit the global economy. Meanwhile, UK cider producers are feeling the impact of drought. P...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
Oil prices little changed after Iran fires missiles at Kuwait

U.S. oil prices have gained more than 9% this week as Washington and Tehran have traded military strikes for the first time since July.

Sep 03, 2026 · Staff
Originally on Wedgetail
News
Electric Trucks Have Moved From Impossible to Inevitable

Heavy trucks were supposed to be the place where batteries stopped working. Electric cars could manage school runs and commuting, critics conceded. Bu...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
AI data centres are booming in Australia - but at what cost?

Advocates say data centres will bring jobs but others worry they will suck up resources while providing little advantage.

Sep 03, 2026 · Staff
Originally on Wedgetail
News
‘Supersized’ El Niño’s impact will be felt into 2027, U.N. warns

The intensifying climate phenomenon has brought the world into “a danger zone of extreme weather,” U.N. forecasters said.

Sep 03, 2026 · Staff
Originally on Wedgetail
News
Ukrainians know another hard winter is coming. Their government isn’t ready

On the last day of summer in Kyiv, the city’s residents, young and old, made the most of the hot weather by sunbathing on the sandy banks of the Dnipr...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
EU enters winter with lowest gas stocks on record

Situation could become ‘problematic’, warns gas storage group head

Sep 03, 2026 · Staff
Originally on Wedgetail
News
Russian military strikes reduce fuel supplies for Ukrainian forces by half

Reports about inflicted damage to gas stations come from various regions of Ukraine almost daily

Sep 03, 2026 · Staff
Originally on Wedgetail
News
High Oil Prices Speed Up China’s Shift Away From Crude

China’s oil consumption fell 9% year over year in the second quarter as expensive crude accelerated the use of electric cars, trucks, rail and industr...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
El Nino could be strongest in decades, UN warns

El Nino is a naturally-occurring phenomenon and is not caused by climate change. But scientists expect it will exacerbate the heat of a planet already...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
Machado Backs U.S. Oil Partnership but Questions Venezuela Deal

Venezuelan opposition leader María Corina Machado is backing a long-term U.S. role in developing the country’s oil reserves, even as she questions who...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
Machado Backs U.S. Oil Partnership but Questions Venezuela Deal

Venezuelan opposition leader María Corina Machado is backing a long-term U.S. role in developing the country’s oil reserves, even as she questions who...

Sep 03, 2026 · Staff
Originally on Wedgetail