MALAYSIA

Malaysia may spend nearly RM40 billion on fuel subsidies in 2026, PM Anwar says

Beijing has cut exports since March after the Iran war started, to ensure sufficient domestic fuel supplies.

China to raise refined fuel export allowance in July, sources say

US carriers will recover only about 60 cents of every additional dollar spent on fuel, estimates Deutsche Bank.
NEWS ANALYSIS

Airline ticket prices may stay high as global carriers bank fuel relief from Iran deal

GoRental’s EH-ONE+ battery energy storage system allows for decentralised, clean power use on construction sites.

As Singapore’s construction sector goes green, portable ‘power banks’ are leading the charge

Japanese firms urge the government to secure stable energy supplies and provide relief on electricity, petrol and fuel costs.

Small Japan firms say high procurement costs biggest hit from Middle East war: survey

Long queues have already been observed at many pump stations across the country as motorists switch from Pertamax to Pertalite.

Shock at the pump: Indonesia’s Pertamax price hike fuels cost worries for middle class

Chinese travelers are changing the way they travel: rail journeys grew by about 10% year on year in March and April.
NEWS ANALYSIS

China learns to live on less fuel, to the relief of oil markets

India’s biggest airline IndiGo called the intervention a timely and welcome relief for the sector.

India earmarks 100 billion rupees to guard airlines from fuel shocks

Qatar Airways' profit dropped about 10% to 7.08 billion riyals (S$2.5 billion) in the latest financial year.

Qatar Airways to skip staff bonuses due to Iran war impact

State-owned refiners, including Indian Oil, are also discussing whether to raise jet-fuel prices in June by up to 25% for domestic flights, sources say.

Indian airlines plead with oil majors to postpone jet-fuel hikes