oil

US again allows more Russian oil sales to help control prices

[LOS ANGELES] The US on Friday (Apr 17) issued a license letting countries buy more Russian oil that’s already been loaded on tankers, part of the White House’s push to prevent prices from surging.

The Strait of Hormuz is serving as one giant chessboard, and there is a growing sense that the endgame in the Iran war is in sight.
RETHINKING MATTERS

Will the Iran conflict end in checkmate or stalemate?

Much is uncertain, now with the Strait of Hormuz’s vulnerability apparent and key issues still unresolved

Oil volatility driven by the Iran conflict is pushing parts of Asia toward fuel subsidies.

The cost of conflict: Asia’s energy risk

The Iran crisis threatens the Straits of Hormuz, risking higher oil prices and Asian stagflation. The immediate market volatility, subsidy issues, and Asia's potential for energy resilience via divers...

Fuel, particularly diesel, and fertilisers are critical to Thailand’s economy, supporting factories, farms and millions of rural households reliant on rice and other crops.

Thailand rushes to secure oil, fertiliser as Strait of Hormuz remains shut

Despite talk of a US-Iran ceasefire extension, policymakers are still on high alert in South-east Asia

Indonesian President Prabowo Subianto (left) and Russian President Vladimir Putin have pledged deeper economic and energy cooperation.

Indonesia eyes Russian crude as Middle East tensions deepen import gap, subsidy strain

The move comes as countries scramble to secure energy supplies while the conflict drags on

For South-east Asia, the transition to low-carbon aviation presents both an opportunity and a structural challenge.

War-driven oil shocks expose aviation’s decarbonisation challenge

Aviation remains one of the most difficult sectors to decarbonise – no single solution will be sufficient

Most of the leverage Beijing had over Teheran rested on the money it was paying for oil, which will end if the blockade halts exports.
THE BOTTOM LINE

The Hormuz blockade is as much about China as Iran

Washington hopes that Beijing will convince Iran to soften its demands, but the latter may choose to wait and see

Carriers must operate in a world defined by higher volatility, tighter margins and persistent uncertainty, writes the author.

Ceasefire but no relief: Why airlines will continue to face high fuel costs

The fallout from the Iran war represents a broad shift, rather than a temporary disruption, for the aviation industry

Energy security requires diversification across fuels, technologies and equipment, backed by stronger regional institutions and coordination.
NEW GLOBAL ORDER

Why renewables alone cannot deliver energy security for S-E Asia

Asean countries should go beyond diversification of oil import sources