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War-driven Energy Price Spikes Highlight Value Of Renewables: UN Climate Chief

By Joji Xavier   ✉  | Published:  | Google News Follow Us  | Join Us
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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."Renewables turn ...

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Business News

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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