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Energy

Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
A worker pumps petrol at a station in Kuching, Malaysia’s Sarawak state, last year. Photo: AFP
Malaysia

Malaysia battles fuel subsidy misuse after viral 71-litre petrol grab

The government blocked a customer from the subsidy scheme to ensure fair access amid rising oil prices and supply fears.

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China-Middle East relations

Opinion | When it comes to the Persian Gulf, China’s top priority is economics

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China exports

The Iran war could widen China’s EV lead over its global rivals. Here’s why

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Diplomacy

Opinion | Look East? South Asia’s fate is far more intertwined with Middle East

Beyond oil, remittances and cultural ties, trade and defence pacts in recent years have added to strategic and security interconnectedness.

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Saudi Crown Prince Mohammed bin Salman and Pakistan Prime Minister Shehbaz Sharif hug after signing a defence pact, in Riyadh, Saudi Arabia, on September 17, 2025. Photo: Reuters
US, Israel war on Iran

What if US ground forces march into Iran? Chinese experts weigh the risks

Seizing Kharg Island may ‘give the US greater leverage to pressure Iran into making concessions’: South China Sea analyst.

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Middle East

Drivers in China rush to fill up before biggest petrol price hike this year

Beijing will raise refined oil prices for the fifth time this year at midnight but puts in place a temporary control to reduce the impact.

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US, Israel war on Iran

‘Getting worse each day’: why Southeast Asia is vulnerable to the fuel crisis

From Laos to Thailand, long queues are forming at petrol stations while residents are reeling from surging fuel prices.

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People queue to buy petrol at a station in Hanoi amid disruptions in supply and price surges due to the Iran war. Photo: Reuters
Iran

Video | Trump issues ultimatum to Iran to reopen Hormuz

The US president says Iran’s energy infrastructure will be targeted if Tehran doesn’t comply with his ultimatum.

US, Israel war on Iran

‘No immunity’: Iran war threatens energy crisis worse than 1970s oil shocks

The boss of the International Energy Agency, Fatih Birol, spoke out as the war grinds into its fourth week.

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Asia housing and property

The View | War-induced interest rate shocks unlikely to upset Asia’s property markets

While monetary tightening would add to affordability pressures, it would have little bearing on the forces driving up prices and rents.

A real estate agent points to the view from a property in Niseko, Japan, on February 20. Photo: AFP
US, Israel war on Iran

Iran war delivers new stress to African economies emerging from older shocks

Afreximbank is implementing measures to give financial help to African countries dependent on fuel imports, bank president says.

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In Africa, the squeeze on fertiliser imports because of the US-Israel war on Iran comes at a crucial time, at the start of the rains and the planting season. Photo: AP
Extreme weather

‘Flashing red’: UN alarmed as heat trapped by Earth hits record high

UN chief warns of a state of emergency as 2015–2025 is confirmed as the hottest decade on record.

China manufacturing

China developing first tourist submersible for trips 1,000 metres under the sea

The Chinese prototype would enter commercial operation offering adventure-seeking holidaymakers spectacular deep-sea experiences by 2030.

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Artificial intelligence

What is ‘tokenomics’ and how would China gain the edge in an AI era?

As tokens are positioned as the AI era’s commodity, China’s energy scale and low-cost models could give it a structural edge.

Jensen Huang at Nvidia’s annual GTC conference in San Jose, California, on March 17. Photo: AFP
Donald Trump

Cuba says ready for potential US attack as it recovers from latest blackout

A top Cuban diplomat says regime change is off the table as the US pressures the island with a crippling oil blockade.

Havana, Cuba as it battles its latest power blackout. Photo: Reuters
US, Israel war on Iran

US may need to ‘escalate to de-escalate’ Iran war, Bessent says

US Treasury chief defends massive military ramp-up after Trump set a 48-hour deadline to open the Strait of Hormuz.

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Vietnam

Vietnam PM visits Russia to sign energy deal amid Iran war disruption

Since the US-Israel war against Iran began, the cost of 95-octane petrol and diesel in Vietnam has soared by 50 per cent and 70 per cent respectively.

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War and conflict

Opinion | Another war, another trade chokepoint crisis. Who is hit the hardest?

Those with narrow trade structures are hit the hardest but those with broad networks of partners, such as China, tend to be more resilient.

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A map showing the Strait of Hormuz is seen in an illustration. Photo: Reuters
The Philippines

Philippines will allow use of dirtier, cheaper fuel amid US-Iran war

The ‌Philippines has taken steps such as shortening the work week and providing ⁠fuel subsidies to counter the impact of rising costs.

India

Why India faces dilemma over Iran war while seeking ‘diplomatic flexibility’

India has to carefully navigate the fallout from the war, given its huge stakes in the Middle East, analysts say.

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Americas and the Caribbean

Cuba rejects ‘shameless’ US request for diesel amid Trump oil blockade

The US embassy in Havana is seeking fuel for its generators even as the rest of the island is plagued by shortages and power outages.

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A man walks down a street in Havana, Cuba, on Thursday. Photo: AFP
War and conflict

Macroscope | Trump’s war is uniting the world, just not how he might have expected

The war on Iran could prompt middle powers to go beyond forming coalitions independent of the US and align more openly with China.

A protester wears a mask of US President Donald Trump in front of the US embassy in Seoul, South Korea, on March 16, during a demonstration against Trump’s request to dispatch warships to the Strait of Hormuz. Photo: AFP
Japan

Iran ready to help Japan ships pass through Strait of Hormuz, Araghchi says

Calling on the world to oppose the attacks against Iran, the foreign minister notes Japan’s ‘balanced and fair’ position.

The Philippines

‘It’s really bad’: record fuel prices drive Filipinos off the road

With diesel in the triple digits amid the Iran war, Filipinos brace for a domino effect on rice, electricity and basic household necessities.

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US, Israel war on Iran

Iran war nears 3-front tipping point as Gulf energy hubs burn

Israeli strikes on the world’s largest gas field and Iranian attacks on Saudi and Qatari hubs threaten a global energy crisis.

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Smoke and fire rise near the South Pars gas field following an attack amid the US-Israeli war on Iran, on Wednesday. Photo: Reuters
US, Israel war on Iran

US approves sale of Iranian oil at sea in move to ease crude supply crisis

The US says the move will bring 140 million barrels of oil to markets, even as Iran says it has no surplus crude to sell globally.

Flames rise at the site of airstrikes on an oil depot in Tehran on March 7. Photo: TNS
US, Israel war on Iran

Trump says he’s considering ‘winding down’ US military operations in Iran

The Strait of Hormuz will have to be guarded and policed by ‘other nations’, the US president says.

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US, Israel war on Iran

Trump calls Nato ‘cowards’ over lack of support in Iran war, sends more troops

Iran is threatening tourist sites worldwide, renewing fears that Tehran could resort to militant attacks beyond the Middle East.

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