Energy Crisis – Revoi.in

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IMF chief Georgieva warns of ‘much worse outcome’ if Middle East war drags into 2027

May 5, 2026 revoi editor

New Delhi: The head of the International Monetary Fund on Monday warned that inflation was already picking up and the global economy could face a “much worse outcome” if the war in the Middle East drags into 2027 and oil prices hit around $125 per barrel. IMF Managing Director Kristalina Georgieva said the continuation of […]

Business

IMF warns Asia to keep policy in balance amid Middle East energy disruptions

April 30, 2026 revoi editor

New Delhi: Asian countries will need to keep their powder dry in preparation for future shocks even as they tackle an energy crisis caused by the Iran War, IMF Director for Asia Pacific Krishna Srinivasan said on Thursday. With energy supplies running short due to the logjam in the Strait of Hormuz, southeast Asian economies […]

English

Ukrainian presidential office announces emergency power cuts

October 31, 2022 Vinayak Barot

New Delhi: Emergency power cuts will be implemented across Ukraine due to damage to critical infrastructure facilities, Deputy Chief of the Ukrainian Presidential Office Kirill Timoshenko said on Monday. “There will be emergency power cuts due to large-scale strikes on critical infrastructure,” he wrote on Telegram. “Response teams are working to address the consequences,” Timoshenko added. […]

English

EU seeks a joint approach to contain energy prices

September 10, 2022 Vinayak Barot

New Delhi: Over the possibilities of harsh energy crisis in Europe, The European Union countries’ energy ministers have agreed on a common position on temporary emergency measures to curb energy prices. An upcoming winter could be harsher to the people of Europe as Russia has stopped gas supply to the European countries in the name of […]

English

Sri Lanka: Government Hikes Electricity Rates up by 264 Percent Amid Crisis

August 10, 2022 Vinayak Barot

New Delhi: In the middle of the financial crisis in Sri Lanka, the island people’s trouble has increased massively as the island nation’s state-run electricity monopoly on Tuesday announced that it will raise tariffs by a stinging 264 percent for people consuming the least. The smallest consumers, currently charged 2.50 rupees a unit, will be charged […]