Indonesia Faces a Middle East Oil Shock and a Crisis of Trust
Prabowo Subianto marked two years as Indonesia’s president on October 20. At the same time, oil prices pushed…
Trump announces ‘energy ceasefire’ between Russia and Ukraine
US PRESIDENT DONALD Trump has announced that Russia and Ukraine have agreed to suspend strikes on each other’s…
The World’s Diesel Problem Runs Deeper Than the Iran War
The nature of the shortage of diesel and jet fuel is more complex than most people realize. Based…
Trump’s war, migration cuts and AI pull interest rates in all directions
The Reserve Bank will increase interest rates on Tuesday for the fourth time this year, and what’s more,…
Iran offers deal to reopen Strait of Hormuz in seven days if US meets conditions
IRAN HAS OFFERED to reopen the Strait of Hormuz and resume talks on its nuclear programme in seven…
Australia housing runs out of rescuers as RBA is set to hike rates
By Stella Qiu SYDNEY, Sept 24 (Reuters) – For decades, whenever house prices in Australia fell, the central…
South Korea Keeps Fuel Cheap for Holidays as Fiscal Cost Mounts
(Bloomberg) — With millions of South Koreans set to hit the road this week during a three-day public…
Canadian Oil Pushes Deeper Into U.S. Gulf Coast Market
For decades, the United States has been Canada’s most important energy partner, absorbing the lion’s share of its…
Red lights are flashing in energy markets
Oil prices are once again uncomfortably high, but the bigger problem is lurking just beneath the surface. What…
Oil Majors Reap $93 Billion Windfall From the Iran War
Oil prices have soared in recent months as a result of the almost complete closure of the Strait…
Mortgage rates fall to lowest level in nearly 4 weeks
Mortgage rates have fallen to their lowest level in nearly four weeks as relief for oil prices and…
Markets steady awaiting US inflation data
South Korean stocks enjoyed a healthy rally thanks to gains in market heavyweights SK hynix and Samsung (Jung…