Petrol
UK government to scrap planned rise in fuel tax, The Sun reports
Global oil prices have risen by around 60 per cent since the start of the Iran war
China’s state refiners seek to resume fuel exports after halt
The government has yet to announce any change to permits following the request
Iran war to keep petrol market tight for two more years: IEA
The agency says this can result in a shortfall of 120 billion cubic metres of LNG between 2026 and 2030
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
Vietnam rushes biofuel rollout as Iran war prompts energy pivot
The move follows similar drives in Indonesia and Thailand
Malaysia’s fuel subsidy bill swells to RM7 billion in April
RON95, the most popular grade of petrol, retails at RM1.99 a litre, among the lowest in the world
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
Trump says petrol prices may remain high through November midterm election
Polls show the war is unpopular among most Americans who are frustrated by rising petrol prices
Exxon sees 6% of its worldwide Q1 output shut on Middle East conflict
Half of those outages are concentrated at a liquefied natural gas complex in Qatar
