カテゴリー: Oil
Few had heard of the crude oil-derived chemical until recently, but shortages caused by the blockade of the strait of Hormuz have led to a spike in concernJapan’s government is fighting to cushion the economic impact of the Middle East war, as the shor…
Narendra Modi’s austerity appeals reveal how war, energy insecurity and dollar pressures expose the fragility of globalisationThe Indian prime minister’s call for sacrifice last week marks a fundamental shift. He urged the country’s 1.4 billion pe…
Calbee to switch its brightly coloured packaging to black and white because war has disrupted supply of certain raw materials used in inkJapan’s biggest snack maker has been forced to use black-and-white packaging for some flagship products because of …
Officials hope more casual attire for public servants will save electricity during Iran war as summer heat approachesPublic servants working for the Tokyo metropolitan government are being encouraged to swap their suits for shorts this summer to combat…
It will be the second time Japan, which is heavily dependent on Middle East oil, has dipped into its strategic reserves since Iran war beganJapan will release additional oil reserves early next month, the prime minister, Sanae Takaichi, said on Friday,…
After meeting with Marco Rubio, foreign minister Winston Peters says he made sure US understands ‘significant economic impacts on New Zealand and Pacific’Middle East crisis – live updatesNew Zealand has called on the US to send fuel tankers to the Paci…
Ripple effects of oil and fertiliser shortage felt by farmers in India and Sri Lanka despite governments saying there is enough stock to go roundGurvinder Singh never thought the war in Iran would touch his quiet corner of Punjab.Yet looking out over h…
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…
‘Payment expected within seven days’: New Zealand doctor invoices US embassy for rising petrol costs
Shane Dunphy sends bill for almost $3,000, along with letter saying ‘The USA is responsible for this and therefore should be held accountable’A New Zealand doctor has asked the US embassy in Wellington to reimburse his clinic for petrol costs, saying D…
The Philippines is uniquely exposed to the surging oil price caused by the war in the Middle East. The government is facing protests and widespread angerJayson Naga is a tricycle taxi driver on the streets of Manila. In a normal day he brings home P500…
The factories, which buy cheap crude and turn it into fuel, are struggling as higher oil prices threaten their razor-sharp margins The towns that are the bulwark of China’s energy security can, at a moment of global crisis, appear deceptively quiet. Tr…
Thailand and many neighbouring countries, which depend on energy imported from the Middle East, are on the frontline of an energy crisis triggered by the US-Israeli war against Iran. Rebecca Ratcliffe, the Guardian’s south-east Asia correspondent, repo…
A trickle of cargo ships and tankers – mostly Iranian, but some from Thailand and China – have made it through the strait since the war beganMiddle East crisis – live updatesMalaysia’s prime minister Anwar Ibrahim said on Thursday he had spoken to the …
PM Sanae Takaichi says about 80m barrels of stockpiled oil to be provided to refiners – equivalent to 45 days of domestic demand • Middle East crisis – live updatesJapan will begin the biggest-ever release of oil from its strategic reserves this week, …
Policy begins on 1 April and is aimed to ease financial pressure as the price of fuel surges due to conflict in the Middle EastNearly 150,000 New Zealand families will soon receive a weekly cash payment to help them afford petrol, the government has an…