A feed-in tariff (FIT) is paid by energy suppliers in the United Kingdom if a property or organisation generates their own electricity using technology such as solar panels or wind turbines and feeds any surplus back to the grid. The FIT scheme was imposed on suppliers by the UK government, and applied to…

The 2026 Iran war fuel crisis is a worldwide fuel crisis caused by the war between Iran and the U.S.-Israel coalition. The closure of the Strait of Hormuz, through which over 20% of the world's oil trade passes, and attacks on energy infrastructure in Iran and several Gulf Cooperation Council countries led to a large…

The 1979 oil crisis, sometimes referred to as the second oil crisis (in reference to the 1973 oil crisis), refers to the drop in oil production in the aftermath of the Iranian Revolution that led to an energy crisis in 1979. Although the global oil supply only decreased by approximately four percent, the oil markets'…

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