diesel
India hikes fuel prices for the first time in four years amid Iran war crude spike
The move follows a cut in fuel taxes in March that gave refiners some relief, but will not offset losses
Asian buyers offer big premium for diesel-rich crude from UAE
May-loading shipments have attracted a premium to official selling prices, which are set significantly higher than April
China allows state refiners to export some fuels to Asian buyers
The shipments, which would likely head to Vietnam, Laos and other nations, have already been loaded
Iran war splits Asia’s diesel market into haves and have-nots
Countries in South-east Asia have limited oil stocks, leaving them more vulnerable to supply disruptions
China’s state refiners seek to resume fuel exports after halt
The government has yet to announce any change to permits following the request
China cuts petrol, diesel price caps for first time since start of Iran war
The reduction comes as global oil prices retreat from their peaks during the conflict
Malaysia has fiscal room to support industries amid Iran war
The nation’s monthly subsidies for both petrol and diesel have climbed to RM6 billion, from RM700 million before the conflict
Philippine economic managers oppose tax halt on diesel, petrol
Oil prices have whipsawed on daily developments in the war
Malaysia detains two tankers suspected of illegally transferring diesel
The waters off the country are known to be a regular site for illegal ship-to-ship transfer
India diesel exports to South-east Asia hit seven-year high in March due to Iran war
The country is known as a swing supplier in global oil markets
