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The war in the Middle East and the near halt to shipping in the Strait of Hormuz has amplified the energy crunch facing developing nations in Africa and South Asia that rely heavil...
Panic buying created long queues at petrol stations in 1973, even if the US faced bigger problems Fuel prices have soared these past few months, as most oil tankers have been unab...
The Middle East conflict has cut off 20 percent of the world's fuel supply. Countries are scrambling for alternatives.
For Pacific Island countries, the Middle East crisis is not a distant geopolitical event. It is already showing up in higher fuel prices, electricity uncertainty and fears that com...
The ongoing crisis in the Middle East is exposing a central vulnerability in the global economy: the dependence on fossil fuels flowing through regions affected by conflict, a situ...
Tokyo may well be more vulnerable to energy shocks than almost any other developed nation
Middle class people and daily-wage works say the burden is unbearable as it has a cascading effect; Civil Supplies Minister Nadendla Manohar, while observing that the hike is a com...
East African governments face pressure to cut fuel taxes as the Middle East war pushes up oil prices and living costs.
May 29 (Reuters) - The heads of the International Energy Agency, International Monetary Fund, World Bank and World Trade Organization warned on Friday that the war in the Middle Ea...
Wood Mackenzie’s latest analysis explores how 13 of the world’s leading power markets are impacted by the current fuel crisis, with those most reliant on fuel imports facing the gr...
As fuel protests bring Ireland to a standstill and UK leaders decry price hikes driven by the Iran war, Europe -- barely recovered from the energy shock of the Ukraine war -- faces...
Europe is edging towards a jet fuel supply crisis, as disruption in the Middle East tightens global availability, threatening airport operations. Ten days into a fragile two-week...
President Marcos has said that the supply of petroleum and petroleum products wouldn't be a problem
As the Iran war drags on into its sixth week, CNA takes a look at how some Southeast Asian states are responding to the energy crisis and skyrocketing costs.
A sharp escalation in the Middle East has triggered what the International Energy Agency describes as the largest disruption to global oil supply on record, forcing governments int...
Governments from Bangladesh to Zambia impose measures to cut fuel demand as Middle East conflict cuts off flows
In the case of a prolonged conflict in the Middle East, energy markets and economies around the world need to brace for significant disruptions in the months to come.
Hungary faces fuel shortages with many gas stations in operational difficulties, and some even on the verge of closure due to the impacts of U.S.-Israel war against Iran and the co...
Taxi driver Ravi Ranjan, who lives with his wife and child in New Delhi, said shipping disruptions caused by the Iran war had forced him to pay higher prices for cooking fuel at a...
Europe may have only about six weeks of jet fuel remaining if current supply disruptions persist, the Executive Director of the International Energy Agency (IEA) Fatih Birol warned...
From farms in New Zealand to factories in Delhi, the effects of the oil crisis triggered by the Iran war are rippling across Asia Continue reading...
Jet fuel across Europe may be depleted within six weeks, the IEA is warning, according to the Associated Press. Around 75% of Europe's net oil imports come from the Middle East, an...
Here are the latest economic events in the Middle East war:- More ships pass Hormuz - A French-owned and a Japanese-owned vessel are among a handful of ships to have transited the...
As the Iran war disrupts oil flows, fuel shortages hit Asia first. Is this the start of a wider global energy crisis?
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