Strait of Hormuz Blockade Ripples Fuel Crisis from Jakarta to Malawi Three months into the Strait of Hormuz blockade, fuel shortages and price spikes are crippling economies from Jakarta to …
fuel
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Business
Asia’s budget airlines buy planes and expand routes despite soaring fuel costs
by Sato Asahiby Sato AsahiAsia’s budget airlines expand fleets and routes despite soaring fuel costs Asia’s budget airlines are buying new planes and opening routes despite soaring jet fuel costs from the Iran war, …
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India fuel prices rise for first time in four years as state retailers pass on crude costs India fuel prices climb as government-owned retailers begin partial pass-through of higher crude …
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Business
Eneos announces $2.17bn acquisition of Chevron fuel business in Asia and Australia
by Sato Asahiby Sato AsahiEneos acquisition: Eneos Holdings to buy Chevron fuel-marketing businesses in six Asia-Pacific markets for $2.17bn Eneos acquisition: Eneos Holdings will buy Chevron’s fuel-marketing businesses across six Asia-Pacific markets, including Singapore …
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Business
Eneos to Acquire Chevron Fuel Business in Southeast Asia and Australia for $2.17 Billion
by Sato Asahiby Sato AsahiEneos to Buy Chevron’s Fuel Products Business for $2.17 Billion in Southeast Asia and Australia Eneos to buy Chevron’s fuel products business for $2.17bn, acquiring operations in six countries including …
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Politics
Modi cuts motorcade size to save fuel amid Iran war energy crisis
by Sui Yuitoby Sui YuitoModi 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 …
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Business
Australia unveils AU$14.8 billion budget package to bolster fuel and fertilizer supplies
by Sato Asahiby Sato AsahiAustralia budget directs A$14.8bn to secure fuel and fertilizer amid Middle East conflict Australia budget channels A$14.8bn to bolster fuel and fertilizer supplies amid Middle East conflict, aiming to protect …
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Business
ASEAN leaders agree to develop shared fuel reserve to curb oil shocks
by Sato Asahiby Sato AsahiASEAN fuel reserve plan unveiled at Cebu summit to blunt oil shocks ASEAN leaders at the Cebu summit agreed to create a shared fuel reserve to shield members from oil …
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Malaysia to roll out B15 biodiesel in June to curb rising fuel import costs Malaysia to introduce B15 biodiesel in June, raising palm oil blend to 15% to help lower …