Japan’s strategic oil reserve faces biggest stress test in years
Iran tensions Gasoline subsidy drives demand amid concerns about energy supplies The Kikuma national petroleum-stockpiling base in Imabari,…
South Korea rolls out $17bn ‘wartime’ budget as oil spike rattles economy
Middle East crisis Panic buying of garbage bags exposes weaks links in petrochemical supply chain A woman fills…
Asia braces for worst-case energy scenarios as Iran war drags on
Governments across Asia are preparing for worst-case energy scenarios that could include a prolonged and severe disruption to…
Cambodia hit by LPG shock as major supplier halts sales from April 1
Japanese media cited in the source text said the Sokimex announcement triggered a rush among tuk-tuk and taxi…
Governor Anna Breman says Reserve Bank unlikely to lift interest rates directly in response to oil price spikes
She said the shock had sent waves through complex global supply chains, and it would take time for…
Shock to global oil market roughly 3 times bigger than 1970s crisis
On Monday, the 24th day of the U.S. and Israel’s war in Iran, International Energy Agency executive director…
The Energy Trilemma Matters More Than Ever
With events in the Middle East once again disrupting global energy markets, we need to revisit one of…
Watch: Spain is spending €5bn to lower its energy costs — will other EU members follow?
Published on 23/03/2026 – 10:17 GMT+1 Next time you grumble at the petrol pump, who should you really…
Iran war poses a bigger threat to the world economy than the 1970s oil shocks, says IEA
The head of the International Energy Agency said Monday that the global economy faces a “major, major threat”…
Israel inflation could rise to 3% if Iran deal fails, expert warns
If the Islamic regime doesn’t make a deal with the Trump administration during the five-day respite of attacks…
Iran War’s effect on oil worse than the 1970s, IEA chief says
The head of the International Energy Agency said Monday that the global economy faces a “major, major threat”…
Stocks slide in Japan as Strait of Hormuz fears amplify risk-off mood
Japanese stocks dropped after U.S. President Donald Trump’s threats of attacks on power plants around the Strait of…