Petrol

US average gas price returns to US$4 a gallon as Iran crisis escalates

2026-07-20T13:18:33.000Z
China has built too much capacity for the slower economic growth that has taken hold in recent years. 

Iran war delivers massive swings in Chinese petrochemicals trade

2026-07-01T02:32:54.000Z
The average price of petrol in the US is US$3.906 a gallon on Jun 24, GasBuddy data shows, down more than 14% from May.

Trump calls for probe into petrol price ‘gouging’

2026-06-24T09:09:31.000Z
An Asda petrol station in Bethnal Green, London, Britain, March 27, 2026.

UK government to scrap planned rise in fuel tax, The Sun reports

2026-05-17T01:13:48.000Z
Petrol and diesel inventories at state-owned refineries are at the highest level since 2025 and 2024, respectively, according to Mysteel OilChem data.

China’s state refiners seek to resume fuel exports after halt

2026-04-28T05:20:23.000Z
Now in its second month, the war in the Strait of Hormuz effectively chokes off around a fifth of global oil and LNG supply.

Iran war to keep petrol market tight for two more years: IEA

2026-04-24T12:05:43.000Z
The price drop will save a private-car owner about US$3.23 when filling a 50-litre tank of 92-octane petrol.

China cuts petrol, diesel price caps for first time since start of Iran war

2026-04-21T10:29:16.000Z
The move is intended to reduce dependence on petroleum products that are becoming increasingly expensive as the Iran war disrupts global oil and gas supplies.

Vietnam rushes biofuel rollout as Iran war prompts energy pivot

2026-04-16T03:29:08.000Z
Malaysia heavily subsidises retail fuel prices, making them politically sensitive and a key tool for managing living costs.

Malaysia’s fuel subsidy bill swells to RM7 billion in April

2026-04-15T02:52:06.000Z
Malaysia’s government is under pressure to contain rising living costs and manage a swelling subsidy bill due to higher oil prices.

Malaysia has fiscal room to support industries amid Iran war

2026-04-14T06:08:34.000Z