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Energy

Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
This handout photo taken on Wednesday and released by the Royal Thai Navy shows smoke rising from the Thai bulk carrier Mayuree Naree near the Strait of Hormuz after an attack. Photo: AFP/Royal Thai Navy
Thailand

Thai navy says cargo ship attacked near Strait of Hormuz

The Thai navy said 20 crew members have been rescued so far.

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CATL

CATL profit jump fuels Hong Kong battery stocks amid global energy storage boom

China energy security

How is China insulating its energy security amid geopolitical shocks?

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Thailand

Iran war fallout threatens ‘quick wins’ for Thailand’s economy

As drivers panic buy diesel and the public is urged to limit air con use, Thai civil servants are ordered home to preserve dwindling energy.

A petrol station attendant fills the tank of a car in Bangkok, Thailand, on Monday. Some drivers have begun panic buying diesel amid fears of a fuel shortage. Photo: AP
US, Israel war on Iran

Will Trump ‘Taco’ on Iran? Analysts say he’s looking for a way out

High oil prices and voter anger could be prompting the US president’s comments that the war could end soon.

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US, Israel war on Iran

WHO warns of toxic ‘black rain’ in Iran after strikes on oil facilities

There have been reports of oil-laden rain, and a ‘massive’ amount of hydrocarbons and other compounds have been released into the air.

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Ukraine war

Russia, Ukraine both claim frontline success while US-led talks on hold

Washington is now focusing on the Iran war, drawing the spotlight from Ukraine’s four-year fight to see off Russia’s bigger army.

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Rescuers stand near bodies retrieved from the site of a strike on a residential building in Kharkiv, northeastern Ukraine, on Saturday. Photo: EPA
European Union

EU eyes nuclear energy again as oil prices soar amid Iran war

It was ‘a mistake’ to turn away from ‘a reliable, affordable source of low-emission power’, says EU chief, amid new funding - and protesters.

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The Philippines

Philippines’ fuel shock exposes limits of deregulated oil market

Consumer groups say households are left to absorb rising costs as the government rolls out conservation measures and considers fuel tax relief.

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China trade

China’s oil-import surge seen shielding economy with 120-day buffer

Crude volumes rose sharply in January and February as Beijing amassed reserves, pre-empting Mideast risks, and analysts say it provides a strong buffer for global supply disruptions.

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A crude oil tanker is guided to a berth at a terminal in China’s Shandong province on Saturday. Photo: AFP
US, Israel war on Iran

Asia sees violence, fuel rationing, queues as energy crunch over war hits

In Bangladesh a man was killed and the military has been deployed, while lines have formed elsewhere too, as many nations rely on imports.

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People wait to refuel their vehicles near a fuel station in Dhaka on Monday. Bangladesh launched fuel rationing on Sunday. Photo: AFP
Middle East

Letters | Iran war has underlined benefits of China’s ‘energy realism’ approach

Readers discuss the energy implications of the most recent conflict in the Middle East, and the strategic adaptations taking place.

Hong Kong stock market

Hong Kong stocks rebound after oil falls as Trump says Iran war could end soon

US objectives in Iran are ‘pretty well complete’ but the war could continue if Tehran attempted to stop global oil supplies, Trump says.

Donald Trump

Video | Donald Trump says US ‘very close to finishing’ objectives in Iran

The US president also claimed the operation in Iran is for ‘places like China’ and he had a ‘good relationship’ with Chinese President Xi Jinping.

President Donald Trump speaks at a news conference, Monday, March 9, 2026, at Trump National Doral Miami in Doral, Fla., as White House Special Envoy to the Middle East Steve Witkoff listens. (AP Photo/Mark Schiefelbein)
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South Korea

South Korea pulls rare move in bid to shield residents from Iran oil shock

As a nation that imports nearly every drop of oil it consumes, South Korea is hitting the panic button to shield citizens from rising prices.

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A board shows prices as cars queue at a petrol station in Seoul, South Korea, on Monday. Photo: Reuters
US-China trade war

US to counter China’s critical minerals dominance with innovative upgrades

New improvements in recycling electronic waste, refining and processing can close the gap on China, says Department of Energy official.

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US, Israel war on Iran

Ships brandish China links to evade Iran’s attacks in Strait of Hormuz

Vessels are claiming to have an ‘all-Chinese crew’ or ‘Chinese owner’ in a bid to reduce the risk of being targeted.

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China energy security

China vows to stabilise oil and gas output in new 5-year plan amid global risks

Amid Mideast instability and US$100 oil, China is mapping out strategic production bases, underpinning long-term energy security.

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A truck is loaded with coal in China’s Jiangsu province. Photo: AFP
CATL

China’s CATL profit surges 42% as global market share soars to all-time high

Surging demand solidifies CATL’s position as world’s top EV battery manufacturer for ninth consecutive year.

War and conflict

Opinion | Superpower contest puts Iran, Panama, Venezuela and Greenland on one map

When one crisis touches canal access, another hits crude and a third touches the Strait of Hormuz, it is hard to call these a coincidence.

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US, Israel war on Iran

G7 to discuss possible emergency release of oil reserves: French president

Concern is rising about the war and Iran’s blockade of the Strait of Hormuz, through which much of the world’s energy supplies pass.

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Cars line up at a gas station in Seoul, South Korea, on Sunday as oil prices surge due to the intensifying conflict in the Middle East. Photo: EPA
India

India’s 30-day Russian oil waiver comes with a steep US price tag

Washington has granted New Delhi a brief waiver for stranded Russian crude – but expects it to ramp up American oil purchases in return.

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India’s Prime Minister Narendra Modi (right) meets Russia’s President Vladimir Putin in New Delhi, India, on December 5, 2025. Photo: Sputnik/Reuters
Iran

Video | Iran war sparks fuel crises in parts of Asia

Bangladesh, Pakistan, Myanmar and Indonesia among the countries facing fuel shortages.

Weather

A heatwave is coming to Southeast Asia. So is an energy shock

Indonesia and Malaysia are set to feel the worst of an early summer first, compounding an LNG supply crisis triggered by the Iran war.

China energy security

More gas from Russia? China flags new pipeline links amid Iran energy crisis

‘Preparatory work’ on pipeline, believed to be the Power of Siberia 2, included in five-year plan – but analysts say more details are needed.

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Gazprom’s Chayanda oil and gas condensate field, one of the largest in eastern Russia, is a resource base for the Power of Siberia pipeline. Photo: Tass/Abaca Press/TNS
Commodities

Oil above US$100 may persist as Goldman warns rally not over

Investors brace for prolonged disruption after Iran closed the Strait of Hormuz, sending crude to levels unseen since the 2022 energy shock.

A worker operates valves at the Rumaila oil field in Basra, Iraq, as the country cuts nearly 1.5 million barrels per day of output following the closure of the Strait of Hormuz. Photo: Reuters
Hong Kong stock market

Hong Kong stocks slump alongside Asian markets after oil crosses US$100

Brent crude jumps over 20 per cent to trade at around US$110 a barrel, prompting investors to further reduce risk exposure.

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Style Edit

Style Edit: BMW iX3 rewrites the EV rule book on range and sustainability

Based on the carmaker’s Neue Klasse platform, the new model has a sleek design, advanced tech and 805km range, all while cutting emissions.

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