Toyota China sales fall 17% in H1 as buyers pivot to EVs amid high oil prices Toyota China sales dropped 17% year-on-year in January–June as consumers pivot toward EVs and …
oil
-
Business
Indonesia records first trade deficit in six years amid oil price surge
by Sato Asahiby Sato AsahiIndonesia trade deficit returns in May 2026 as rising oil costs and weak rupiah drive import surge Indonesia trade deficit returns in May 2026 as soaring oil prices and a …
-
Business
Pakistan approves Lahore-Peshawar oil pipeline to lower fuel transport costs
by Sato Asahiby Sato AsahiPakistan approves Lahore-Peshawar oil pipeline, completing north-south fuel corridor Pakistan approves Lahore-Peshawar oil pipeline, linking north and south to lower fuel transport costs and strengthen energy security amid tanker drivers’ …
-
Business
China teapot refiners squeezed as US temporary Iran oil waiver narrows discounts
by Sato Asahiby Sato AsahiIranian oil sanctions waiver tightens discounts, strains China’s teapot refiners Temporary Iranian oil sanctions waiver narrows discounts, squeezing China’s teapot refiners and forcing some buyers to seek alternative crude sources. …
-
Business
Strait of Hormuz reopens after U.S.-Iran memorandum as oil drops below $74
by Sato Asahiby Sato AsahiIran war: U.S. and Iran sign memorandum, tanker traffic resumes through Strait of Hormuz U.S. and Iran signed a memorandum of understanding to halt the Iran war, and ship movements …
-
Business
Woodside Energy forecasts US LNG demand surge as sales and oil rise
by Sato Asahiby Sato AsahiWoodside Energy to Ramp LNG Exports as U.S. Appetite Fuels Recovery of Major Investments Woodside Energy sees strong U.S. demand for LNG as the Australian producer ramps up exports to …
-
Business
Japan and South Korean stocks surge after US-Iran peace deal as oil falls
by Sato Asahiby Sato AsahiU.S.-Iran peace deal lifts Tokyo and Seoul markets as oil prices retreat Market optimism over a U.S.-Iran peace deal sent Tokyo and Seoul stocks higher on Monday, while oil prices …
-
Business
Green hydrogen investment propels China past Japan as Iran oil surge renews urgency
by Sato Asahiby Sato AsahiGreen hydrogen race intensifies as oil shock boosts Japan’s domestic push Surging oil prices after the Iran crisis have renewed interest in green hydrogen as a tool for energy security, …
-
China Crude Oil Imports Drop 29% in May as Refineries Cut Runs China crude oil imports fell 29% in May to an eight-year low as refiners scaled back processing amid …
-
Business
Japan launches probe into Southeast Asia oil stockpiling systems this summer
by Sato Asahiby Sato AsahiJapan probes oil stockpiling in Southeast Asia as Tokyo, JICA to begin regional review Japan will assess public and private oil stockpiling systems across Southeast Asia this summer to bolster …