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This Week in Asia /
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Thailand
Oil smugglers in Thailand worsen supply crisis as Anutin warns of tough times
Police are investigating alleged oil hoarding in southern Thailand and reselling to nearby countries, citing ‘abnormal’ vessel movements.
4 hours ago
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Malaysia
Can palm biodiesel be Malaysia’s quick fix for soaring fuel prices?
6 hours ago
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US, Israel war on Iran
Fuel, food and fury: how the Iran war could topple South Asian governments
5 Apr 2026 - 1:30PM
India
India turns to ‘trusted friend’ Russia for oil supply as Iran war energises ties
The two sides aim to keep their energy trade flowing despite sanctions while balancing against the US and China, analysts say.
5 Apr 2026 - 2:32PM
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Russia’s President Vladimir Putin speaks with India’s Prime Minister Narendra Modi at the Hyderabad House in New Delhi in December. Photo: AFP
Thailand
Thailand’s fishing industry fights for survival as Iran war hits fuel costs
Half of the fleet is already docked as the fishing association warns the whole sector may ‘collapse like dominoes’.
5 Apr 2026 - 8:00AM
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US, Israel war on Iran
UAE squeezes Iranian economic lifeline in retaliation for attacks
The UAE has quietly banned most Iranians from entering the country or transiting its airports, and cracked down on IRGC-related networks.
4 Apr 2026 - 3:00PM
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South Korea
South Korea and Indonesia’s fighter jet is ready. But will it sell?
Only a handful of nations have ever built a supersonic fighter jet from the ground up.
4 Apr 2026 - 10:00AM
The first mass-produced KF-21 fighter jet is unveiled during a ceremony at the headquarters of Korea Aerospace Industries in Sacheon on March 25. Photo: Yonhap/EPA
South Korea
Softly, softly: why South Korea, France prefer diplomacy over force in Hormuz
Presidents Lee and Macron have agreed to cooperate on safety in the strait but they are likely to wade in only after the war, analysts say.
4 Apr 2026 - 9:00AM
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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’.
3 Apr 2026 - 6:17PM
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.
3 Apr 2026 - 6:29PM
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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.
3 Apr 2026 - 4:44PM
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Indonesia and Malaysia have implemented work-from-home schemes for government workers that require strict location monitoring. Photo: Shutterstock
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.
3 Apr 2026 - 2:20PM
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.
2 Apr 2026 - 3:19PM
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Singapore
From ‘Unicorn Land’ to Singapore: Estonian start-ups chase tech dream in Asean
Veriff and other unicorn companies are targeting Singapore for their regional headquarters, citing similarities in digital advancement.
2 Apr 2026 - 11:13AM
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.
1 Apr 2026 - 8:55PM
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Oil tankers and ships line up in the Strait of Hormuz as seen from Khor Fakkan, United Arab Emirates, on March 11. Photo: AP
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.
1 Apr 2026 - 1:56PM
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The Philippines
The Iran war could be forcing Filipinos to rely on credit cards. Here’s why
Analysts warn credit card use could increase further to partly cope with higher prices and reduced disposable incomes.
1 Apr 2026 - 10:58AM
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Malaysia
Malaysia raises 2026 growth forecast despite Iran war risks
Strong demand for AI semiconductors and an anticipated uptick in tourism are forecast to help the economy defy global volatility.
31 Mar 2026 - 5:17PM
Tourists pose for photographs near the political slogan ‘Malaysia Madani’ (Civilised Malaysia) outside the Prime Minister’s Office in Putrajaya on Friday. Photo: EPA
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.
1 Apr 2026 - 3:22PM
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The Philippines
How soaring fuel prices are pushing Filipino farmers to the brink
Farmer Elmer Ullani spent seven hours transporting his produce to a trading post, but says he has nothing left after paying for fuel.
30 Mar 2026 - 11:00PM
Malaysia
Malaysian traders warn of 50% food price surge amid energy shock
Surge in fuel prices threatens to wipe out any narrow margins and push the cost of doing business higher, trade associations say.
30 Mar 2026 - 8:05PM
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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.
30 Mar 2026 - 8:00AM
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People shop for clothes at a market in Jakarta, Indonesia, on March 16. Photo: EPA
Asean
Burning daylight: Asean’s power grid plans get an Iran war jolt
Oil is up, coal is back and so are fuel queues. As the Middle East burns, Southeast Asia dusts off an old plan to rewire its future.
3 Apr 2026 - 10:40PM
Thailand
Thai luxury hotels dangle huge discounts as Iran war disrupts travel
While the lower prices may be a boon for visitors, businesses say ‘the stillness is unsettling’ as they brace themselves for hardship.
27 Mar 2026 - 5:46PM
Malaysia
Iran crisis bites into Malaysia’s supply chain as fuel subsidy cap falls
The quota cut for subsidised petrol reflects how the distant war is affecting Malaysia, with the food industry also sounding the alarm.
27 Mar 2026 - 4:49PM
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