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Energy

Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
US President Donald Trump and Italian Prime Minister Giorgia Meloni in Sharm el-Sheikh, Egypt, in October 2025. Photo: Reuters
Donald Trump

Trump turns on Italy’s Meloni, says he is ‘shocked’ by her

Meloni had been a supporter of Trump, but has criticised his decision to go to war with Iran and denounced his weekend ‌criticism of Pope Leo.

China-Middle East relations

Xi’s meeting with Abu Dhabi crown prince highlights Gulf turn towards China

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Malaysia

Malaysians urged to tighten their belts as Iran war fallout starts to bite

US, Israel war on Iran

Asia’s energy supply at breaking point as US blockades Hormuz

Nearly 90 per cent of the region’s crude oil is now at risk as stalled peace talks and a naval stand-off raise the spectre of stagflation.

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A liquefied natural gas tanker is seen at a port in Yokohama, Japan’s Kanagawa prefecture, on April 8. Photo: AFP
US, Israel war on Iran

UN warns 8 million in Asia-Pacific risk poverty if Iran war drags on

A new UNDP report has forecast job losses, crippling inflation and food insecurity, with the poorest nations brutally exposed to the oil shock.

China energy security

China turns to central Asia as US blockade in Hormuz chokes global energy flows

Chinese vice-premier to visit major gas field in Turkmenistan as Beijing aims to shore up energy security and diversify away from volatile maritime routes.

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Malaysia

Power play: Malaysia races to go green as Iran war squeezes oil supply

To avoid future supply shocks, the government aims to raise renewable generation to 70 per cent of the energy mix by 2050.

A solar farm in Malaysia is seen in this still from a social media video shared by Solarvest Group. Photo: Instagram/solarvestgroup
Indonesia

Why Indonesia’s Prabowo is in Russia – and what he needs from Putin

The visit aims to secure discounted crude as global prices soar, even as Jakarta holds high-level defence talks with Washington.

South Korea

What is really behind South Korea’s diplomatic row with Israel?

Lee Jae Myung’s clash was about more than human rights, analysts say – it was about energy security and sending a message to Donald Trump.

Malaysia

Malaysia’s Anwar douses row over diesel supplied to Philippines

The prime minister denied Petronas involvement, saying Malaysia was a transit point for foreign deals.

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A jeepney driver refuels his vehicle with diesel in Manila last month. Photo: AFP
China trade

China’s imports surge in March as exports soften amid Hormuz blockade

Export figures fall short of predictions, rising by 2.5 per cent, while imports grow by 27.8 per cent as conflict in Middle East causes global disruption.

A container ship arrives at the Qingdao Port in Shandong province. The port opened seven new container shipping routes in the first quarter of this year. Photo: Xinhua
Asia travel

Lack of fuel reserves forces Southeast Asian flight cuts amid Hormuz crisis

Airlines are cutting flights, as dependence on Middle Eastern fuel hits operators from Pakistan to New Zealand.

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Malaysia

Malaysian bust spotlights shadow fleet oil trade in Southeast Asia

Two tankers were intercepted in waters off Penang on Saturday during an alleged illegal transfer of more than 700,000 litres of diesel.

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Japan

Japan’s Trump tariff deal faces climate backlash over projects’ 20% carbon surge

Campaigners said the three US projects could generate greenhouse gas emissions equal to about 20 per cent of Japan’s annual total.

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US President Donald Trump met Japan’s economic revitalisation minister Ryosei Akazawa and his delegation in Washington on April 16, 2025. The meeting came as Tokyo sought relief from US tariff pressure. Photo: Reuters
US, Israel war on Iran

US begins blockade of Iranian ports amid fragile ceasefire

Trump says Beijing ‘would like to see this ended’ as the US moves to stop vessels transiting to and from Iranian ports.

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A giant billboard reading ‘The Strait of Hormuz remains closed’ in Tehran, Iran. Photo: AFP
2026 Trump-Xi summit

Could Trump’s Hormuz blockade derail China summit with Xi Jinping?

US president’s move forces China into political dilemma and could create a flashpoint ahead of his meeting with Chinese leader, analysts say.

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US, Israel war on Iran

China says open Hormuz key to global interests as Trump blockade looms

Beijing’s foreign ministry denies that China plans to provide weapons and military tech to Iran.

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Malaysia

In Malaysia, some laud car driver’s arrest over ‘world’s most expensive petrol’

The driver of a Singapore-registered vehicle faces a US$252,600 fine, jail or both if he is found guilty of pumping subsidised RON95 petrol.

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A man holds a nozzle at the petrol station in Negri Sembilan in March. Malaysia is taking tougher action against the possible abuse of a fuel subsidy meant for locals. Photo: EPA
Malaysia

Malaysia faces energy emergency amid Trump’s Hormuz blockade

With six tankers carrying up to 6 million barrels of oil potentially stranded, analysts say Malaysia is on a collision course with crisis.

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Malaysia

Malaysia foils illegal ship-to-ship fuel transfer in waters off Penang

Malaysia has been cracking down on fuel smuggling amid mounting shortages and ‌supply disruptions caused by the Iran war.

Americas and the Caribbean

Cuba’s president warns US against attacking island or trying to depose him

Miguel Diaz-Canel said an invasion of Cuba would be costly and affect regional security but should it happen, Cubans would defend themselves.

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Cuban President Miguel Diaz-Canel. Photo: EPA
US, Israel war on Iran

‘Blown to hell’: Trump announces US blockade of Strait of Hormuz

The US plans to block ‘all maritime traffic entering and exiting Iranian ports’ starting on Monday.

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US President Donald Trump says the American navy will block entry to the Strait of Hormuz. Photo: TNS
European Union

Ireland police remove farmers, blockades protesting against fuel price rises

The protests have led to blockades at Ireland’s only oil refinery and prevented tanker trucks from delivering fuel to petrol stations.

Malaysia

Minister warns Malaysia will enter ‘critical period’ for fuel supply by June

Economy Minister Akmal Nasrullah said the government was exploring alternative materials amid global shortages and rising costs.

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Industrials

China’s energy bosses push for tighter rules as overcapacity bites

Calls for tighter approvals highlight how excess capacity is undermining growth despite global demand tailwinds.

A worker at Tianneng Holding Group’s lithium battery factory. Photo: Getty Images
The Philippines

‘We let the soup get cold’: Filipino street food in a stew over LPG price shock

Manila’s street food stalls forced to raise prices and serve colder meals as they grapple with soaring fuel costs.

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People eat braised beef stew locally known as “pares” at a stall in Manila, the Philippines, on April 7. Photo: AFP
US, Israel war on Iran

‘We have no trust in the other side’: Iran blames US as talks end with no deal

Tehran’s lead negotiator hits out at Washington after Islamabad talks, while Vance says sticking point was lack of nuclear commitments.

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Renewable energy

Opinion | Hormuz crisis a chance to spur Asia’s shift to clean, secure energy

The US war on Iran should be a catalyst for governments and industries to accelerate the transition to renewables.

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