Oil prices spiked above $70 per barrel on Monday, while the international standard Brent crude hit $79. A key oil exporter, Iran shipped out an estimated 1.9 million barrels of crude per day, according to International Energy Agency data from December 2025.
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Both the UN's top climate science body, the Intergovernmental Panel on Climate Change (IPCC), and the International Energy Agency (IEA), have said that, in addition to deep and rapid emissions cuts, technologies to capture and remove carbon are important tools to help limit global warming.
The same application was submitted to Surrey Heath Borough Council and the two authorities worked together to ensure consistency, the meeting heard.