Headline News:

• “Middle East Tensions Drives Global Food Prices Higher For Second Month” • The UN reported a second monthly rise in global food prices. Data from the UN’s Food and Agriculture Organisation shows the Middle East conflict is driving up energy and fertilizer costs, threatening future harvests and yields despite currently stable market supplies. [Euronews]

Austrian farmland (Chris Linnett, Unsplash, cropped)

• “Five EU Ministers Call For New Windfall Tax On Energy Profits Amid Price Surge” • Germany, Italy, Spain, Portugal and Austria asked the EU for energy companies to help alleviate the burden on consumers and taxpayers triggered by the war in the Middle East, using the extra profits that companies are getting thanks to higher fuel prices. [Euronews]
• “Climate Degradation Will Have Effects For ‘Hundreds And Thousands Of Years'” • The World Meteorological Organization published its annual State Of The Global Climate report. World Meteorological Organization Secretary-General Celeste Saulo said. “We will live with these consequences for hundreds and thousands of years.” [CleanTechnica]
• “Trump Says US Can Open Hormuz With ‘A Little More Time'” • President Trump said that the US could “open” the Strait of Hormuz and “take the oil” if it has more time. The message, on his Truth Social platform, did not explain how the US could end Iranian control over the Hormuz waterway or what oil Trump was referring to. [Euronews]
• “Experts Predict 2026 To Be A ‘Big Year’ For Solar Throughout America’s Energy Grid” • Although it may seem like clean energy projects in the US have slowed, recently released data from the US EIA predicts 93% of the new utility-scale electric generating capacity installed this year will come from solar, batteries, and wind power. [The Cool Down]

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