Spiraling energy costs caused by various economic factors and the Ukraine war could be a turning point toward cleaner energy, the International Energy Agency said in a report Thursday. It found the global demand for fossil fuels, including coal, oil, and natural gas, is set to peak or plateau in the next few decades.

The report looked at scenarios based on current policies and said that coal use will fall back within the next few years, natural gas demand will reach a plateau by the end of the decade and rising sales of electric vehicles mean that the need for oil will level off in the mid-2030s before ebbing slightly by mid-century. Total emissions are currently going up each year, but slowly.

French President Emmanuel Macron has vowed to implement a pension reform that would eventually push up the retirement age by three years to 65, making younger generations work longer.

In an interview on France 2 television, Macron said the changes would start being applied next year.

Tudor Popescu swings his ax down on a log, then feeds the split wood into a stove that heats his home in the capital of Moldova. As the nights turn chilly, the stack of firewood has been growing higher around him — his provisions for the coming winter.

In the past, Popescu relied on natural gas to keep warm in the mornings and firewood in the evenings. But gas is now in shorter supply, creating a crisis in his small Eastern European country.

Lebanon and Israel were Thursday set to sign a maritime border agreement that paves the way for lucrative offshore gas extraction by the neighbors which remain technically at war.

The U.S.-brokered deal, hailed by President Joe Biden as a "historic breakthrough", comes as Western powers clamor to open up new gas production and reduce vulnerability to supply cuts from Russia. 

U.K. Treasury chief Jeremy Hunt on Wednesday delayed his much-anticipated economic statement until Nov. 17, giving new Prime Minister Rishi Sunak a chance to weigh in on policies meant to stabilize the country's finances after his predecessor's tax-cutting plans triggered market upheaval.

The statement will now include a full budget and analysis of its impact on government debt and borrowing by the independent Office of Budget Responsibility. It was originally set to be announced on Halloween.

The United Nations has procured tens of millions of dollars in contracts with companies linked to Syrian government-backed individuals sanctioned for human rights abuses, according to a report by two non-governmental groups.

Syria's uprising turned civil war that started in 2011 has killed hundreds of thousands and displaced half the country's pre-war population of 23 million. More than 80% of Syrians now live in poverty, leaving much of the population dependent on humanitarian assistance.

Natural gas and electricity prices in Europe have plunged from summer peaks thanks to mild weather and a monthslong scramble to fill gas storage ahead of winter and replace Russian supplies during the war in Ukraine. It's a welcome respite after Russia slashed natural gas flows, triggering an energy crisis that has fueled record inflation and a looming recession.

Yet experts warn it's too soon to exhale, even as European governments roll out relief packages for people struggling with high utility bills and work on longer-term ways to contain volatile gas and electricity prices that have shrunk household budgets and forced some businesses to shut down.

The leader of the coalition of gas-exporting countries said Tuesday the group expects demand for the fuel to far outstrip supply until 2025 amid a global energy crisis sparked by the war in Ukraine.

Secretary General of the Gas Exporting Countries Forum Mohamed Hamel, of Algeria, said at the group's meeting in Cairo that although investment was increasing in natural gas production the countries didn't expect to have new sources of supply online for another three years.

Israel has given London-listed Energean permission to begin producing gas from Karish, an offshore field at the heart of a maritime border agreement about to be signed with Lebanon.

A statement from the energy ministry said they "gave Energean the approval to begin producing natural gas from Karish".

Zara owner Inditex has reached an agreement to sell its Russian business to a Lebanese retail and real estate conglomerate, the Spanish fashion giant said Tuesday in a statement to the country's competition authorities.

The buyer is Daher Group and the potential purchase is pending approval from Russian authorities, Inditex said, without disclosing financial details.