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OIL STOCKPILING ASIA
Asia races to stockpile oil, speed up renewables in response to Iran warAmid the uncertainties triggered by the Iran war, Asian countries are stepping up their oil storage frameworks. The Philippines is on a mis...- Saudi, UAE join Japan-led push to bolster Asian oil buffersSaudi Arabia and the United Arab Emirates are joining Japan's efforts to strengthen oil supply security in Southeast Asia. This collaborati...
- Trump plans grand spectacle for potentially tense Xi talksUS President Donald Trump is preparing to welcome Chinese President Xi Jinping for a significant three-day visit. The leaders are expected ...
- ‘I would never want to lose him’: Jamie Dimon backs Chandra, flags India tax hurdles and sees AI paying offJamie Dimon sees India as a fast-growing economy with bright future prospects. He believes consistent regulations and taxing policies will ...
- The Other Hormuz: Black Sea blockade threatens a food supply shockCombined Russian and Ukrainian wheat exports are estimated to end up at roughly half what they were last year for the July to September har...
- Goldman Sachs says Britannia could see biggest cost impact as sugar prices continue to soarRising sugar prices are raising concerns over higher input costs for consumer companies, with Goldman Sachs identifying Britannia Industrie...
- Trump warns of 'economic D-Day' against Iran, but Tehran is well acquainted with sanctionsThe Trump administration is intensifying economic pressure on Iran amid a protracted war. This strategy aims to force Tehran's capitulation...
- The Iran war energy crisis is just getting startedThe Iran war has severely impacted global oil refining, causing diesel and gasoline prices to remain elevated. Refined product prices have ...
- Indian, US fuel exporters reaping bonanza amid oil supply uncertainty due to warsIndia and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...
- Crop buyers cut off from Black Sea are turning to other originsThe region is one of the world’s top suppliers of grain and sunflower oil, much of which heads to Asia, Africa and the rest of Europe.
- Decades of farm gains, inventories strengthen food system against 'super' El NinoNear-record food inventories, improved farming technology and stronger exporters such as Brazil and Russia are expected to cushion the glob...
- Global Market: China bears the brunt of Asia’s crude oil demand cut as Middle East supplies shrinkChina is bearing the brunt of Asia’s crude oil demand slowdown as Middle East supplies shrink following the Iran conflict. Chinese crude im...
- China is balancing Asia's crude oil demand by itselfChina is bearing much of Asia’s crude demand reduction as the Iran war disrupts Middle East oil shipments through the Strait of Hormuz. Its...
- Iran war ushers in oil refining golden era. It won't lastWar-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...
- Oil prices surge 20% in July as US-Iran war heightens Strait of Hormuz tensionsOil prices saw volatility last week but are set for significant monthly gains. Escalating United States-Iran tensions and Houthi attacks ar...
- Iran resumes missile attacks as US and Saudis strike Tehran-backed militias in IraqThe flare-up on multiple fronts, after several days of relative calm, raised the risk of a return to all-out war. It also underscored the d...
- Brent crude jumps 7%, climbs over $90 on escalating Middle East strikesOil prices surged significantly amid renewed Middle East airstrikes and supply concerns. U.S. crude inventories dropped to a multi-year low...
- Oil prices fall 1% as investors weigh pause in US strikes on IranOil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Midd...
- India, Japan agree on crude oil stockpiling & reserve systemsIndia and Japan are joining forces to bolster energy security, creating joint strategies for crude oil and petroleum product stockpiling to...
- Japan plans $10 billion framework to help Asia secure oilJapan is launching a significant financial initiative. A 10 billion dollar framework will assist Asian nations in securing vital energy res...
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