Energy

Iraq projects oil production to return to pre-war levels within two months

Before the war broke out in late February, Iraq exported about 3.5 million barrels per day of oil, the majority of it via the Hormuz Strait.

Indonesia’s blanket fuel subsidies favour the rich, say economists, urging targeted aid

A man sits on his motorbike in front of a fuel station of Indonesian state firm Pertamina, as it has raised the price of its 92-octane gasoline, known as Pertamax and 95-octane gasoline, known as Pertamax Green, by around 32%, in Jakarta, Indonesia, June 10, 2026. REUTERS/Willy Kurniawan

Guyana UN candidate calls maintaining UN 'collective responsibility'

Guyana's Ambassador to the United Nations Carolyn Rodrigues-Birkett speaks during a United Nations Security Council meeting about conflicts in the Middle East at U.N. headquarters in New York City, U.S., June 30, 2025. REUTERS/Kylie Cooper

OPEC sticks to robust oil demand outlook, sees no peak to 2050

The 11-member OPEC depends on oil for a large part of government income.

First tankers cross Hormuz after US, Iran ink interim deal to end war

FILE PHOTO: Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 16, 2026. REUTERS/Stringer/File Photo

Indonesia on track to launch B50 biodiesel programme on July 1, minister says

Indonesia revived its plan to raise the biodiesel ratio to 50 per cent from the current 40 per cent in March.

UN nuclear watchdog chief welcomes Iran-US peace deal, says technical work starts now

International Atomic Energy Agency (IAEA) Director General Rafael Grossi speaks to the media on the sidelines of a meeting of the IAEA Board of Governors in Vienna, Austria, June 5, 2026. REUTERS/Elisabeth Mandl/File Photo

War in Iran spurs solar boom in oil-dependent South-east Asia

A worker installs a solar power system on a home in Quezon City, The Philippines.

Thailand revives $38.6 billion coast-to-coast corridor to rival Malacca Strait

Chalermusa Seekhiao, 56, points at a map showing the route of Thailand's proposed Southern Land Bridge project, a route linking Ranong and Chumphon provinces, as part of Thailand’s proposed Southern Land Bridge project to connect the Andaman Sea and the Gulf of Thailand, in Phato district, Chumphon province, Thailand, May 18, 2026. REUTERS/Chalinee Thirasupa

US quietly allows waiver on Russian oil to expire

FILE PHOTO: A French Maritime Gendarmerie boat patrols around the Mozambique-flagged oil tanker named Deyna, which France says is part of Russia's shadow fleet, off the port of Marseille-Fos in the Gulf of Fos-sur-Mer, near Martigues, France, March 23, 2026. REUTERS/Manon Cruz/File Photo

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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.