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Brent crude rises after Russia suggests oil cartel may reverse planned increase in output

Brent crude up almost 10% amid speculation of Israeli or Iranian strikes on energy infrastructure

Crude gives up part of recent gains as run of big market swings continues

Sector’s clean energy spending is far below that needed to hit Paris climate goals, agency says

President-elect’s threat could add 25% to the cost of crude from US’s biggest foreign supplier

Investors are betting that cartel’s reductions will be offset by weak demand and rising supply from elsewhere

Political risk stymies region’s wind and solar potential while fossil fuels deliver reliable returns

US president says discussions held over potential strike on Iranian oil facilities

Lars Barstad of Frontline insists it is ‘only a question of time’ before a significant maritime disaster takes place