ENERGY HIGHLIGHTS
THE MONTH IN ENERGY
The quagmire in the Middle East continued to dominate headlines in May, with takeovers and data centres also in the news
WRITTEN BY: JAMES DARLEY
THE WORLD’ S OIL SAFETY NET IS ALMOST ENTIRELY DEPLETED
The IEA has warned that global oil supplies are depleting at a record pace, with the closure of the Strait of Hormuz driving the energy market’ s most devastating supply shock since the 1970s.
12 June 2026