From closed restaurants to four-day weeks: The unseen fallout of global fossil fuel dependence
“The impact of faltering energy supplies is being felt around the world… Countries are reeling,” said UNFCCC Executive…
Investors fleeing Mideast chaos find safe haven in ‘sweet spot’ Malaysia
Even before the war in Iran sparked a surge in energy prices, Malaysia stood out from its Southeast…
Gulf economies at risk of worst slump since 1990s on Iran war
The Iran war threatens to deal significant blows to the Gulf’s biggest economies, including Saudi Arabia, the United…
Fossil fuels ‘ripping away national security’ but renewables ‘turn the tables’, says UN executive
Published on 16/03/2026 – 6:00 GMT+1 “Fossil fuel dependency is ripping away national security and sovereignty, and replacing…
Fuel rationing a chance in Australia if war continues to trim global oil supplies, experts say
If widespread fuel rationing is introduced in Australia, will motorists and businesses be ready? It’s a question experts…
Residents of Iran’s capital gripped by anxiety and sleeplessness
CAIRO (AP) — An engineer crouches under a park bench as fighter jets roar overhead. An athlete wracked…
Ghosts of 1997 and 2008 stir as Iran spooks markets
TOKYO — Asia is seeing ghosts again. One apparition amid tight credit markets dates to the 2007-2008 global…
North Sea Drilling Won’t Protect Europe from Global Price Shocks
When tensions around the Strait of Hormuz began rattling energy markets again, the reaction was entirely predictable. Tanker…
Middle East War Revives Push for Domestic Energy
The Middle East war and the mother of all oil shocks—the de facto closure of the Strait of…
Why Southeast Asia’s small firms could bear the brunt of the latest oil shock
Singapore pizza shop owner Roy Chan has ridden out more than one business shock – from the Covid-19…
Spain’s renewables revolution likely to keep energy bills low even as gas prices soar
The Iran war has plunged the world into an overnight energy crisis. The closure of the Hormuz Strait…
Surging oil prices raise inflation risks in African economies
NAIROBI, Kenya (AP) — Surging oil prices triggered by the war with Iran are rippling across African economies,…