Modi Cuts Motorcade to Save Fuel Amid Energy Price Surge Indian PM Modi trims his motorcade to conserve fuel after urging citizens to adopt austerity measures as energy prices spike …
Crisis
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Business
Idemitsu Kosan forecasts Hormuz crisis easing in July, seeks alternate oil sources
by Sato Asahiby Sato AsahiIdemitsu says Hormuz crisis will ease by July as it secures non‑Middle East oil supplies Idemitsu Kosan says the Hormuz crisis will ease by July and that oil prices could …
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Business
ASEAN leaders urged by Marcos to stay agile amid Middle East crisis
by Sato Asahiby Sato AsahiASEAN summit in Cebu: Marcos urges regional agility as inflation and growth risks rise At the ASEAN summit in Cebu, Philippine President Ferdinand Marcos Jr. urged Southeast Asian leaders to …
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Business
ASEAN urged to bolster crisis coordination amid deepening global energy crisis
by Sato Asahiby Sato AsahiASEAN energy crisis: Ministers in Cebu urge stronger regional crisis coordination ASEAN ministers in Cebu urged coordinated action on the ASEAN energy crisis to shield regional economies from supply shocks, …
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Business
PM Takaichi urged to revive 1970s oil crisis measures amid energy shock
by Sato Asahiby Sato AsahiJapan Energy Crisis Echoes 1970s as Leaders Weigh Plan B Japan faces an energy crisis after the Iran war; policymakers are drawing on 1970s lessons and weighing strategic reserves, supplier …
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Business
Japan holds behind-the-scenes talks on household aid amid Hormuz crisis
by Sato Asahiby Sato AsahiSanae Takaichi’s fiscal spending plans strained by Hormuz energy crisis Rising oil prices linked to tensions in the Strait of Hormuz are complicating Sanae Takaichi’s fiscal spending plans, prompting closed-door …
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Pakistan fuel import bill surges to $800 million, threatening broad economic shock Pakistan fuel import bill surges from $300m to $800m, triggering a severe economic shock that raises inflation, strains …
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Business
US Renews Waiver Allowing India to Secure Russian Oil Amid Iran Crisis
by Sato Asahiby Sato AsahiU.S. Waiver Renewal for Russian Oil Boosts India’s Crude Imports Amid Iran Crisis U.S. waiver renewal for Russian oil lets India boost crude imports after the Iran war disrupted supply, …
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Lufthansa Cuts 20,000 Short‑Haul Flights Through October Amid Jet Fuel Crisis Lufthansa cuts short‑haul flights in response to soaring jet fuel prices driven by the Iran conflict, reallocating capacity to …
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Morbi ceramics shutdown idles about 450 factories and forces mass migrant returns Morbi ceramics shutdown due to global fuel shortages has idled about 450 factories, paused exports and forced thousands …