Asian and European buyers of liquefied natural gas (LNG) plan to ask for lower prices and additional supply guarantees from Qatar and the United Arab Emirates as the U.S.-Iran war raises insurance costs on those deliveries, buyers, traders and industry executives told Reuters.The war is reshaping the global energy industry
Italy's government has asked parliament to approve a 2.4-billion-euro ($2.82 billion) investment over 15 years for the maintenance and modernisation of its frigate fleet, a parliamentary document seen by Reuters showed.The plan comes as Italy moves to gradually increase its defence spending to comply with higher NATO targets, after the alliance members agreed to a U.S.
A migrant boat carrying around 35 people sailing from Libya capsized in the central Mediterranean leaving one confirmed dead and two dozen missing, UNICEF country coordinator for Italy said on Sunday.The rescue operation was carried out on Friday off the coast of Italy's Lampedusa Island by the Italian Coast Guard, which saved 11 migrants, including four children travelling alone