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Feb 2026
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The Countries Sitting on the Largest Oil Reserves (infographic)

Saudi Arabia was the biggest exporter of crude oil in 2020

Russia is threatening the European Union with “fire” on energy prices

"The situation on world energy markets will lead the EU to pay at least three times as much for oil, gas and electricity"

Chevron CEO says EastMed gas pipeline could supply Europe amid crisis

The EastMed pipeline, meant to transfer natural gas from Israeli waters to Europe via Greece and Cyprus, was announced in 2016

PM Mitsotakis to Bloomberg: Greece suggests price-cap to address energy price surge (video)

PM says immediate ban on Russian gas imports isn’t realistic - Proposals come ahead of an EU summit to discuss the issue

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