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Monday, July 20, 2026
Europe faces renewed energy crisis risk as Gulf tensions push gas prices higher

Europe faces renewed energy crisis risk as Gulf tensions push gas prices higher

As the summer of 2026 unfolds, Europe finds itself in an increasingly precarious energy position that few analysts anticipated even six months ago. Despite the absence of winter heating demand and the seasonal lull in consumption, natural gas and liquefied natural gas (LNG) prices on global markets remain stubbornly elevated, hovering at levels typically reserved for peak winter months.

Europe braces for potential energy shortages

Europe braces for potential energy shortages

Despite it being the summer season, prices for natural gas and liquefied natural gas (LNG) on global energy markets remain as high as during the winter period.

Azerbaijan's gold exports surge 30-fold in value in first half of 2026

Azerbaijan's gold exports surge 30-fold in value in first half of 2026

Azerbaijan exported 23,799.8 kilograms of gold worth $3.636 billion during the first six months of 2026, marking a dramatic increase from the same period last year, AzerNEWS reports, citing the State Statistics Committee.

Hundreds evacuated as wildfire scorches 13,000 hectares in Spain

Hundreds evacuated as wildfire scorches 13,000 hectares in Spain

Firefighters were battling a wildfire north of Madrid on Sunday that has burned around 13,000 hectares (32,000 acres) of land and forced some 700 residents to evacuate, authorities said, AzerNEWS reports, citing Arab News.

Spain receive FIFA World Cup 2026 Trophy after victory over Argentina [PHOTOS]

Spain receive FIFA World Cup 2026 Trophy after victory over Argentina [PHOTOS]

Spain's national football team has been awarded the FIFA World Cup 2026 trophy after becoming champions of the tournament, which was jointly hosted by the United States, Canada, and Mexico, AzerNEWS reports.

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