As the Middle East war drives oil and gas prices sharply higher, the UN's top climate change official says the volatility underscored the strategic value of renewable energy.
Speaking at the 2026 Green Growth Summit in Brussels, Simon Stiell, Executive Secretary of the UN Framework Convention on Climate Change, said the disruption of global energy supplies is being felt worldwide.
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Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.