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Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
A container ship operated by the French CMA CGM shipping company runs into the port of Marseille in June 2018. Photo: AFP
US, Israel war on Iran

Iran war: French and Japanese-owned ships make first Hormuz crossings

France and Japan have called for a ceasefire in the conflict, with Macron saying the waterway can only be reopened when the bombing stops.

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US, Israel war on Iran

US can take Strait of Hormuz ‘with more time’, says Trump

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Diplomacy

Opinion | How America’s stumble in Iran upends East Asia’s security calculus

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Pakistan

‘Why are we paying?’ Pakistanis face up to 54% rise in fuel prices

As the ripple effects of the Middle East war continue, the government says Islamabad will give people free public transport for 30 days.

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A petrol station worker fills the tank of a vehicle in Peshawar, Pakistan, on Friday. Photo: EPA
New Zealand

New Zealand doctor invoices US embassy for rising fuel costs

Shane Dunphy asked the embassy to reimburse him for the US$1,600 spent on petrol vouchers for his staff so that they could travel to work.

Malaysia

Malaysia urged to take more aggressive action to tackle energy crisis

Analysts warn of escalating risks to Malaysia’s economy and call for adjusting the subsidy scheme to stop the government from ‘burning cash’.

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US, Israel war on Iran

Helium supply shock threatens Asian chipmakers as economic slowdown fears mount

Iranian attacks on Qatar’s LNG facilities are curbing the supply of helium, a crucial gas used in chipmaking.

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Samsung Electronics’ products displayed at an exhibition hall for the Apec summit in Gyeongju, South Korea in October. Photo: AP
Indonesia

Indonesia and Malaysia require geo-tracking for civil servants working from home

As governments roll out work-from-home policies to cut fuel use, civil servants face location tracking and other productivity measures.

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Indonesia

Indonesia rebalances energy policy as Iran war spurs new projects

As oil prices surge, Indonesia aims to reduce its reliance on fossil fuels and intensify the use of crude palm oil for diesel blending.

US, Israel war on Iran

Immediate reopening of Strait of Hormuz demanded at 40-nation talks

Iran is trying to hold the global economy hostage via its blockade of the waterway, said the UK’s foreign minister, who hosted the meeting.

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British Foreign Secretary Yvette Cooper hosts a virtual meeting with foreign ministers. Photo: EPA
US, Israel war on Iran

What will the US do next in its war on Iran? Chinese pundits point to a likely path

With no truce in sight, American forces might be preparing for a short, sharp option, analysts say.

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US Navy sailors move a F/A-18 fighter aircraft fuel tank on the flight deck of the Nimitz-class aircraft carrier USS Abraham Lincoln during Operation Epic Fury late last month. Photo: US Navy/dpa
United States

US crude tops US$110, Wall Street falls after Trump vows more Iran attacks

Crude prices had been inching back towards US$100 per barrel before Trump’s Wednesday address in which he promised more strikes on Iran.

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Middle East

Macron says military operation to ‘liberate’ Strait of Hormuz ‘unrealistic’

Such an operation would take excessive time and expose those crossing the strait to ‘coastal threats’.

War and conflict

Opinion | Iran war is changing East Asia’s energy and strategic plays

States like China and Russia that can provide energy, industrial inputs, strategic reassurance or room for manoeuvre are gaining weight.

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Illustration: Craig Stephens
US, Israel war on Iran

Trump’s ex-China mineral-alliance plan faces cost surge amid Iran war oil shock

Analysts say Middle East turmoil is elevating commodity input costs, affecting processing efforts and prompting push for ‘friendshoring’ to secure resources.

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US President Donald Trump, seen here at the White House on Wednesday, said attacks on Iran could continue for the next two to three weeks. Photo: AP
China energy security

Premier Li Qiang pushes AI-powered, next-gen energy system amid global shocks

Beijing is moving to modernise the power grid, putting innovation and flexibility at the heart of its strategy.

Asean

How Asean’s neutral stance in Iran war protects its energy security

Granting Southeast Asian vessels safe passage through the strait allows Iran to come across as a diplomatic good guy, analysts say.

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US, Israel war on Iran

Trump claims Iran wants ceasefire, Tehran calls remarks ‘false and baseless’

The US president has said he could walk away from the war in two to three weeks.

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President Donald Trump speaks to reporters after stepping off Air Force One on Friday at Miami International Airport. Trump has been under growing pressure to end the war as oil prices have skyrocketed. Photo: AP
The Philippines

‘Matter of survival’: Philippines seeks safe Hormuz passage for vessels

Philippine and Iranian officials met on Wednesday to discuss ‘key avenues for cooperation’, amid Tehran’s blockade of the strait.

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Japan

Japan, France to draw road map for supply of critical minerals

It aims to lower their high dependency on China, which mines about 70 per cent of the world’s supply and refines some 90 per cent.

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US, Israel war on Iran

How US’ ‘stupid war’ with Iran torched fuel price stability in America

US drivers face soaring petrol costs and budget strain, with a customer saying ‘we are paying the price’ of the war.

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Petrol prices are displayed at a Chevron station in Los Angeles, California, on Tuesday. Photo: AFP
China energy security

Australia and Japan face jet fuel supply crunch as China cuts exports

Both Australia and Japan are heavily reliant on Chinese jet fuel, but shipments have plunged in recent weeks amid the Iran war.

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Qantas is already raising airfares as Australia faces a jet fuel supply crunch amid the US-Israel war on Iran. Photo: AFP
US, Israel war on Iran

Video | Seoul residents hoard bin bags as oil shock deepens

Fears over supply disruptions tied to the Iran war have sent sales of Seoul’s mandatory trash bags soaring, prompting shops to ration sales.

Business of climate change

Ganfeng Lithium sees surge in battery demand amid China-US energy rivalry

Executives project an ‘explosive growth’ in energy storage, with Chinese firms extending their lead amid AI and data centre demand.

South Korea

No oil for BBQ: South Korean restaurants gasp for help amid fuel crisis

Prices for ingredients and packaging have risen by as much as 30 per cent since the start of the Iran war.

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A Korean barbecue restaurant. Small business owners in South Korea are feeling the pinch from rising fuel prices. Photo: Shutterstock
US, Israel war on Iran

How Israel dodged Hormuz energy crisis while others reel from the blow

Israel’s Mediterranean gas fields shield it from energy shocks, yet wartime shutdowns and rising tariffs reveal hidden vulnerabilities.

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Israel’s Karish natural gas field in the east Mediterranean. Photo: Reuters
Malaysia

Malaysian minister warns of ‘very, very serious’ energy crisis

Anthony Loke urges Malaysians to plan their travel and reduce resource wastage, saying energy supply would not be disrupted until May.

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Science

China’s far west site of a new bulwark against Mideast-induced resource woes

Ethylene glycol plant in Xinjiang is equipped with tech that includes green electricity coupling, carbon capture and storage.

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