Oil
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Japan confirms release of more oil reserves as concern over energy crisis grows
It will be the second time Japan, which is heavily dependent on Middle East oil, has dipped into its strategic…
- Asia Pacific, Business, Energy industry, Iran, Marco Rubio, New Zealand, Oil, Pacific islands, US news, US-Israel war on Iran, Winston Peters, World news
New Zealand asks US to send fuel tankers to Pacific to alleviate pressure caused by Iran war
After meeting with Marco Rubio, foreign minister Winston Peters says he made sure US understands ‘significant …
- Farming, Food, Food security, India, Oil, Society, South and Central Asia, Sri Lanka, US-Israel war on Iran, World news
‘India is going to face a food crisis’: Farmers panic over fertiliser shortages amid Iran war
Ripple effects of oil and fertiliser shortage felt by farmers in India and Sri Lanka despite governments sayin…
- Asia Pacific, Australia news, Business, China, Commodities, Cost of living crisis, Energy industry, India, Japan, New Zealand, Oil, Oil and gas companies, Pacific islands, South and Central Asia, South Korea, South Pacific, Thailand, US-Israel war on Iran, Vanuatu, World news
A day in the life of Asia’s fuel crisis
From farms in New Zealand to factories in Delhi, the effects of the oil crisis triggered by the Iran war are r…
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‘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 there…
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Manila’s transport workers struggle to make ends meet as Philippines feels force of oil crisis
The Philippines is uniquely exposed to the surging oil price caused by the war in the Middle East. The governm…
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China’s ‘teapot’ oil refineries keep economy brewing – but surging crude prices leave them strained
The factories, which buy cheap crude and turn it into fuel, are struggling as higher oil prices threaten their…
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Rising petrol prices spell chaos for Thailand’s farmers – video
Thailand and many neighbouring countries, which depend on energy imported from the Middle East, are on the fro…
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Malaysian vessels permitted to travel through strait of Hormuz, country’s PM says after Iran talks
A trickle of cargo ships and tankers – mostly Iranian, but some from Thailand and China – have made it through…
- Asia Pacific, Business, Commodities, Energy industry, Japan, Oil, Sanae Takaichi, US news, US-Israel war on Iran, World news
Japan to begin biggest-ever oil release from national reserves as Middle East energy crisis bites
PM Sanae Takaichi says about 80m barrels of stockpiled oil to be provided to refiners – equivalent to 45 days …
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New Zealand to give cash payments to some low income families as global fuel crisis worsens
Policy begins on 1 April and is aimed to ease financial pressure as the price of fuel surges due to conflict i…
- Australia news, Business, Commodities, Energy industry, India, New South Wales, Northern Ireland, Oil, Oil and gas companies, Scotland, South and Central Asia, UK news, US-Israel war on Iran, World news
‘We consider every mile we drive’: how fuel shortages are affecting readers worldwide
From a shop owner in India to a community worker in New South Wales, rising fuel prices are forcing people to …
- Asia Pacific, Fiji, New Zealand, Oil, Pacific islands, Papua New Guinea, Samoa, Solomon Islands, Tonga
Reliant on imported fuel, Pacific islands appeal for help as oil prices surge
Samoa and Tonga raise supply concerns with foreign partners as businesses and residents in Papua New Guinea gr…
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China has been preparing for a global energy crisis for years. It is paying off now
As other Asian economies race to conserve energy, China has huge reserves of oil and gas as well as alternativ…
- India, Iran, Middle East and North Africa, Oil, South and Central Asia, Sri Lanka, US-Israel war on Iran, World news
Sri Lanka brings in four-day week to eke out stocks of oil and gas hit by Iran war
Effective closure of strait of Hormuz also affecting Bangladesh, India and Pakistan, which have brought in cri…