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Diesel/Petrol

Explainer-How Ukraine's strikes on Russian energy sites deepened the rift with Trump

FILE PHOTO: US President Donald Trump meets with Ukraine's President Volodymyr Zelenskiy during the 81st United Nations General Assembly (UNGA) in New York City, US, September 22, 2026. REUTERS/Kylie Cooper/File Photo
FILE PHOTO: US President Donald Trump meets with Ukraine's President Volodymyr Zelenskiy during the 81st United Nations General Assembly (UNGA) in New York City, US, September 22, 2026. REUTERS/Kylie Cooper/File Photo

Malaysians to be spared higher RON95 prices even if subsidy bill hits $14 billion, says PM Anwar

Malaysian PM Anwar Ibrahim said the government was committed to keeping RON95 at RM1.99 (S$0.62) per litre despite global crude oil prices rising to between US$120 and US$130 a barrel.
Malaysian PM Anwar Ibrahim said the government was committed to keeping RON95 at RM1.99 (S$0.62) per litre despite global crude oil prices rising to between US$120 and US$130 a barrel.

Key dates in the latest slump in US-Ukrainian ties

FILE PHOTO: Ukraine's President Volodymyr Zelenskiy, U.S. Special Envoy Steve Witkoff and Jared Kushner, U.S. President Donald Trump's son-in-law, after a joint news conference, amid Russia's attack on Ukraine, in Kyiv, Ukraine September 6, 2026. REUTERS/Valentyn Ogirenko/File Photo
FILE PHOTO: Ukraine's President Volodymyr Zelenskiy, U.S. Special Envoy Steve Witkoff and Jared Kushner, U.S. President Donald Trump's son-in-law, after a joint news conference, amid Russia's attack on Ukraine, in Kyiv, Ukraine September 6, 2026. REUTERS/Valentyn Ogirenko/File Photo

News analysis

India is a ‘refining superpower’, says Rubio, as the world faces a potential energy crisis

US Secretary of State Marco Rubio (right) and Dr. Rajesh Gawande, the secretary of protocol of the government of Maharashtra, in Mumbai on Oct 21.
US Secretary of State Marco Rubio (right) and Dr. Rajesh Gawande, the secretary of protocol of the government of Maharashtra, in Mumbai on Oct 21.

First Russian diesel from Putin-Trump deal heading for US, data shows

US President Donald Trump announced the deal in October as part of his efforts to bring down soaring diesel prices.
US President Donald Trump announced the deal in October as part of his efforts to bring down soaring diesel prices.

Trump’s diesel price relief efforts grow costlier as election nears

US diesel prices rose nearly 10 cents a gallon in the latest week to an average of US$6.28.
US diesel prices rose nearly 10 cents a gallon in the latest week to an average of US$6.28.

Trump invokes Cold War-era Defense Production Act for oil production, refining

The move allows US President Donald Trump to provide financial incentives for oil-related activities, pipelines and storage of liquid fuels.
The move allows US President Donald Trump to provide financial incentives for oil-related activities, pipelines and storage of liquid fuels.

Trump's tax-exempt diesel draws skepticism from farmers, eludes others

FILE PHOTO: A defunct fuel pump with rare off-road diesel nozzle cradle in Houston, Texas, US October 19, 2026. Picture taken with a mobile phone. REUTERS/Arathy Somasekhar/File Photo
FILE PHOTO: A defunct fuel pump with rare off-road diesel nozzle cradle in Houston, Texas, US October 19, 2026. Picture taken with a mobile phone. REUTERS/Arathy Somasekhar/File Photo

Southern Italy truckers ease protests as government lines up aid

Trucks block streets in Palermo during a truckers’ protest over soaring fuel and transport costs, disrupting supply chains across Sicily and southern Italy, on Oct 20.
Trucks block streets in Palermo during a truckers’ protest over soaring fuel and transport costs, disrupting supply chains across Sicily and southern Italy, on Oct 20.

While You Were Sleeping: 5 stories you might have missed, Oct 22, 2026

US retail diesel prices topped US$6 a gallon in September for the first time ever and have remained above that level since.
US retail diesel prices topped US$6 a gallon in September for the first time ever and have remained above that level since.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.