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Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
People wait to refuel their vehicles near a fuel station in Dhaka on Monday. Bangladesh launched fuel rationing on Sunday. Photo: AFP
US, Israel war on Iran

Asia sees violence, fuel rationing, queues as energy crunch over war hits

In Bangladesh a man was killed and the military has been deployed, while lines have formed elsewhere too, as many nations rely on imports.

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Middle East

Letters | Iran war has underlined benefits of China’s ‘energy realism’ approach

Hong Kong stock market

Hong Kong stocks rebound after oil falls as Trump says Iran war could end soon

Donald Trump

Video | Donald Trump says US ‘very close to finishing’ objectives in Iran

The US president also claimed the operation in Iran is for ‘places like China’ and he had a ‘good relationship’ with Chinese President Xi Jinping.

President Donald Trump speaks at a news conference, Monday, March 9, 2026, at Trump National Doral Miami in Doral, Fla., as White House Special Envoy to the Middle East Steve Witkoff listens. (AP Photo/Mark Schiefelbein)
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South Korea

South Korea pulls rare move in bid to shield residents from Iran oil shock

As a nation that imports nearly every drop of oil it consumes, South Korea is hitting the panic button to shield citizens from rising prices.

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US-China trade war

US to counter China’s critical minerals dominance with innovative upgrades

New improvements in recycling electronic waste, refining and processing can close the gap on China, says Department of Energy official.

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US, Israel war on Iran

Ships brandish China links to evade Iran’s attacks in Strait of Hormuz

Vessels are claiming to have an ‘all-Chinese crew’ or ‘Chinese owner’ in a bid to reduce the risk of being targeted.

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Ships sit anchored in Muscat, Oman, on Monday, as Iran vows to close the Strait of Hormuz. Photo: Reuters
China energy security

China vows to stabilise oil and gas output in new 5-year plan amid global risks

Amid Mideast instability and US$100 oil, China is mapping out strategic production bases, underpinning long-term energy security.

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CATL

China’s CATL profit surges 42% as global market share soars to all-time high

Surging demand solidifies CATL’s position as world’s top EV battery manufacturer for ninth consecutive year.

War and conflict

Opinion | Superpower contest puts Iran, Panama, Venezuela and Greenland on one map

When one crisis touches canal access, another hits crude and a third touches the Strait of Hormuz, it is hard to call these a coincidence.

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US Defence Secretary Pete Hegseth and the chairman of the Joint Chiefs of Staff, General Dan Caine, speak at a press conference on US military action in Iran, at the Pentagon in Washington on March 2. Photo: AFP
US, Israel war on Iran

G7 to discuss possible emergency release of oil reserves: French president

Concern is rising about the war and Iran’s blockade of the Strait of Hormuz, through which much of the world’s energy supplies pass.

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Cars line up at a gas station in Seoul, South Korea, on Sunday as oil prices surge due to the intensifying conflict in the Middle East. Photo: EPA
India

India’s 30-day Russian oil waiver comes with a steep US price tag

Washington has granted New Delhi a brief waiver for stranded Russian crude – but expects it to ramp up American oil purchases in return.

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Iran

Video | Iran war sparks fuel crises in parts of Asia

Bangladesh, Pakistan, Myanmar and Indonesia among the countries facing fuel shortages.

Weather

A heatwave is coming to Southeast Asia. So is an energy shock

Indonesia and Malaysia are set to feel the worst of an early summer first, compounding an LNG supply crisis triggered by the Iran war.

A women uses an electric fan to cool off in Kuala Lumpur, Malaysia. Photo: AFP
China energy security

More gas from Russia? China flags new pipeline links amid Iran energy crisis

‘Preparatory work’ on pipeline, believed to be the Power of Siberia 2, included in five-year plan – but analysts say more details are needed.

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Gazprom’s Chayanda oil and gas condensate field, one of the largest in eastern Russia, is a resource base for the Power of Siberia pipeline. Photo: Tass/Abaca Press/TNS
Commodities

Oil above US$100 may persist as Goldman warns rally not over

Investors brace for prolonged disruption after Iran closed the Strait of Hormuz, sending crude to levels unseen since the 2022 energy shock.

Hong Kong stock market

Hong Kong stocks slump alongside Asian markets after oil crosses US$100

Brent crude jumps over 20 per cent to trade at around US$110 a barrel, prompting investors to further reduce risk exposure.

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Style Edit

Style Edit: BMW iX3 rewrites the EV rule book on range and sustainability

Based on the carmaker’s Neue Klasse platform, the new model has a sleek design, advanced tech and 805km range, all while cutting emissions.

The iX3 50 xDrive: BMW has completely rewritten the new car’s design language, dramatically upgrading everything from aesthetics to electronics to sustainability. Photo: Handout
Bangladesh

Bangladesh rations fuel as US-Iran war stresses energy supplies

One man was killed on Saturday night in the southern district of Jhenaidah after an altercation with petrol station staff over refuelling.

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Electric & new energy vehicles

Iran war oil shock accelerates Southeast Asia’s EV revolution

Southeast Asia was already going electric. Then war broke out in the Middle East and it started going faster.

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US, Israel war on Iran

Israel hits Iran oil facility, as PM Netanyahu warns of ‘many surprises’

This appears to be the first time a civil industrial facility has been targeted in the war.

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An explosion erupts following strikes near Azadi Tower close to Mehrabad International Airport in Tehran on Saturday. Photo: AFP
Americas and the Caribbean

Trump says Cuba is going to ‘fall pretty soon’

The president has said it is ‘just a matter of time’ before the US turns to Cuba after finishing its war in Iran.

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A woman holds a pro-Trump sign and Cuban flags during a protest against Cuba’s government in Miami, Florida, in February. Photo: Reuters
US, Israel war on Iran

2 tankers carrying India’s Reliance fuel ditch Europe, divert to Asia

Asian buyers are rushing to secure fuel as the near halt in traffic in the Strait of Hormuz, due to war, constrains oil supplies.

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Qatar

Qatar’s LNG halt exposes Asia’s energy vulnerability

Analysts say the turmoil underscores Asia’s need to shift to renewable energy, as nations scramble for alternatives amid the disruption.

China economy

Opinion | China’s energy transition proves a boon in the Iran crisis

China is expected to face no significant disruption but as the ‘two sessions’ open in Beijing, energy security is staying a top focus.

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Fire and smoke rise from the Fujairah oil industry zone, caused by debris from an intercepted drone, according to the Fujairah media office, in Fujairah, United Arab Emirates, on March 4, as Iran launched retaliatory attacks across the region. Photo: EPA
Indonesia

Is Indonesia’s fuel subsidy sustainable as Iran war continues?

Higher oil prices would mean bigger fuel subsidies, piling on the pressure on a budget that is already under investor scrutiny.

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A motorist rides past a Pertamina petrol station displaying prices of fuel in Jakarta on Tuesday. Photo: AP
The Philippines

AC limits, flex-work, fuel-lock apps: Philippines readies for Iran oil fallout

Citizens and the government adopt energy-saving hacks to cut fuel consumption amid the escalating conflict in the Middle East.

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Science

China plans to fire up world’s first accelerator-driven nuclear reactor

Device deemed to burn uranium 100 times more efficiently, while cutting nuclear waste lifespan to less than a thousandth of current span.

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