Iran War Profiteering Drives Record Gains for Oil and Arms Firms as Energy Bills Bite Iran war profiteering has lifted oil and arms profits, driving up global energy prices, disrupting …
oil
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Tensions Rise as Strait of Hormuz Blockade, Lebanon Exchanges Keep Oil and Shipping on Edge Strait of Hormuz blockade and Lebanese cross-border fighting keep oil above $107, threaten shipping lanes …
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Politics
Japan to Release 36 Million Barrels from Oil Reserves amid Hormuz Blockade
by Sui Yuitoby Sui YuitoJapan to Release Additional 36 Million Barrels from National Oil Reserves After Strait of Hormuz Disruption Japan will release 36 million barrels from its national oil reserves from May 1 …
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Business
Asian markets surge as AI boom and Hormuz oil shock threaten stagflation
by Sato Asahiby Sato AsahiK-shaped recovery deepens in Asia as AI stocks surge and Hormuz oil shock drives inflation K-shaped recovery in Asia widens as AI-fuelled rallies lift Tokyo and Seoul while a closure …
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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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US-Iran Clash in Strait of Hormuz Sends Brent Above $106 as Shipments Halt Oil prices climbed after renewed Strait of Hormuz tensions disrupted shipping and U.S. President Donald Trump ordered …
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Politics
EU unanimously approves €90 billion loan to Ukraine amid Hungarian oil row
by Sui Yuitoby Sui YuitoEU Approves €90 Billion Loan to Ukraine After Hungary Lifts Veto The EU approved a €90 billion loan to Ukraine on April 23, 2026, ending a months‑long standstill after Hungary …
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Business
Beijing Auto Show Sees Global Dealers Push China-Made Green Vehicles Amid Rising Oil Prices
by Sato Asahiby Sato AsahiGlobal Dealers Target China-Made Green Vehicles at Beijing Auto Show Global dealers at the Beijing auto show seek China-made green vehicles as rising fuel costs push demand, driving Chinese automakers …
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Business
MTT Shipping IPO Makes Tepid Debut as Company Warns of Rising Oil Prices
by Sato Asahiby Sato AsahiMTT Shipping IPO Falters on Bursa as Middle East Tensions and Fuel Costs Weigh on Market Confidence Malaysian shipping group MTT Shipping and Logistics saw a muted debut for its …
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Business
US stocks rise as Nasdaq records longest rally since 1992 amid oil plunge
by Sato Asahiby Sato AsahiCrude oil futures plunge as Strait of Hormuz reopening eases supply fears and lifts US stocks Crude oil futures fell sharply after Iran declared the Strait of Hormuz open following …