Hit by surging freight rates, Asian refiners are switching to smaller tankers and buying more delivered crude – a move that’s squeezing margins, rerouting trade flows and shifting risk onto …
Asian refiners are pushing back against Saudi Aramco’s proposed 2027 supply terms, Bloomberg reports, spurning rigid pricing formulas and pressing for greater flexibility as market uncertainty grows
The World Bank warns that Asian governments are fast running out of fiscal room to shield households from surging energy bills – a squeeze that could push up inflation, slow …
The Strait of Hormuz crisis has triggered a scramble across Asia: governments are racing to expand regional oil and gas storage, building strategic stockpiles to shield supplies from maritime chokepoints …
Asian stocks tumbled as a fresh wave of risk aversion swept markets: oil prices surged, investors were spooked by escalating U.S.-Iran tensions, and capital flowed out of equities into traditional …