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Energy

Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
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
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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The Philippines

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

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Japan

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

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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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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.

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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.

AI computing and data centre demand are new power consumption drivers, according to Ganfeng Lithium. Photo: Getty Images
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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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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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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A man fills his car with petrol in Port Dickson, Negeri Sembilan, Malaysia. Photo: EPA
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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Construction has begun on the world’s largest coal-to-ethylene glycol project in Xinjiang’s Turpan prefecture, according to state media. Photo: CCTV
Iran

Video | Trump says US could end war in Iran in 2 to 3 weeks

It was the US president’s clearest indication so far that he intends to soon end a conflict that has disrupted global energy markets.

US, Israel war on Iran

Trump says US may exit Iran war in 2 to 3 weeks, threatens to quit Nato

The declaration was the US president’s clearest so far that he intends to soon end a conflict that has disrupted global energy markets.

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US, Israel war on Iran

Why spike in fertiliser prices could boost China’s political clout

Beijing could see its regional leverage grow as the Iran war hits supply, though weaponisation of exports is unlikely, analysts say.

Farmers harvest rice in Aceh Besar, Indonesia. The first planting season of the year is just months away in much of Asia. Photo: EPA
China inflation

China has ‘room’ for imported inflation, but economic risks rising: PBOC adviser

As US-Israel war with Iran sends prices up, a monetary expert says impact on China depends on conflict’s severity, while higher energy costs are worrying.

Drivers line up to refuel at a petrol station in China’s Jiangsu province last week, amid concerns about rising energy prices due to the ongoing Middle East conflict. Photo: EPA
Middle East

Trump urges countries seeking oil to go to Strait of Hormuz and ‘just take it’

Amid high prices of fuel during the Iran war, the US leader urged nations to buy American oil or ‘just take it’ from the Strait of Hormuz.

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Trade

Opinion | In age of US-China rivalry, supply chain statecraft counts

Systems that once underpinned globalisation as a process of integration are becoming repurposed as instruments of competition.

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Mainland China

Video | Thai undertaker brings corpse to petrol station to prove he’s not hoarding

After being denied fuel, a Thai man live-streamed the moment he showed station staff an occupied coffin to prove his urgent need.

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Japan

What Macron’s Tokyo visit means for an anxious Japan and its ties with France

Japan is enlisting French support amid a global energy shock and a diplomatic rupture with Beijing.

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South Korea

Why are South Koreans hoarding rubbish bags from supermarkets?

The won is at a 17-year low, parliament is in damage control mode and shop shelves are being stripped clean of plastic bags.

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Middle East

Chinese container ships pass through Strait of Hormuz at second attempt, data shows

The two ships, which had turned back on Friday, are the first non-Iranian container ships to leave the Gulf since the war began.

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An illustration of a map showing the Strait of Hormuz. Photo: Reuters
Crime

France convicts Chinese captain of oil tanker linked to Russian shadow fleet

Chen Zhangjie, who is currently at sea, was jailed for a year in absentia. The Borocay was thought to be transporting Russian oil to India.

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The tanker Borocay, believed to be part of Russia’s shadow fleet, off the coast of the French port of Saint-Nazaire in October. Photo: AFP
Japan

Japan’s PM will mull top-level talks with Iran at ‘appropriate’ time

Stability in the Middle East is vital for Japan, which relies on the region for over 90 per cent of its crude oil imports.

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US, Israel war on Iran

How the Hormuz attacks stoke oil-shock fears and memories of 1970s stagflation

A timeline of past oil shocks is seen offering ‘clear lessons’ for today’s Strait of Hormuz crisis, with an eye on ripple effects and contingency tools.

Venezuela

Russian oil tanker arrives in Cuba as Moscow vows to stand by Havana

Cuba became dependent on the Soviet Union for oil after its communist revolution ⁠in 1959.

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A street without power during a nationwide blackout in Havana on March 22, 2026. Photo: TNS
Hong Kong environmental issues

Northern Metropolis data hub may top MTR Corp as Hong Kong’s No 1 power consumer

Environmental experts urge authorities to set energy efficiency standards for data centres to limit carbon emissions.

The Range (Hong Kong) Sandy Ridge data facility cluster in the Northern Metropolis. Photo: Edmond So
Hong Kong economy

Hong Kong on ‘yellow alert’, Kadoorie says, as Middle East war fuels oil crisis

CLP Power chairman Michael Kadoorie says Hong Kong’s electricity supply steady for now and touches on question of his retirement.

US, Israel war on Iran

War on Iran is about to make clothes more expensive. Here’s why

Rising freight and energy costs, plus a near-blockade on synthetic fibres, are pushing prices higher.

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