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Energy crisis

Singapore electricity retailers up offerings to meet higher demand amid Middle East conflict

The proportion of households on fixed-price plans increased between Feb 1 and Sept 1, from around 36.6% to 38.4%.
The proportion of households on fixed-price plans increased between Feb 1 and Sept 1, from around 36.6% to 38.4%.

askST

Spot electricity prices have hit a 2026 high. Will this raise my household bill?

The Uniform Singapore Energy Price (USEP), a measure of the wholesale cost of electricity taken half-hourly, rose to the highest levels seen in 2026 in recent weeks.
The Uniform Singapore Energy Price (USEP), a measure of the wholesale cost of electricity taken half-hourly, rose to the highest levels seen in 2026 in recent weeks.

Solar investments saved Singapore $123.8m in higher fossil fuel import costs: Report

Nearly all of the savings came from avoided gas imports, according to the Finland-based Centre for Research on Energy and Clean Air report published in late-August.
Nearly all of the savings came from avoided gas imports, according to the Finland-based Centre for Research on Energy and Clean Air report published in late-August.

A $9.4 billion fuel bill sees developing Asian nations sour on LNG

Qatari shipments of LNG through the Strait of Hormuz have all but dried up since the conflict started at the end of February. 
Qatari shipments of LNG through the Strait of Hormuz have all but dried up since the conflict started at the end of February. 

Cuba denounces ‘record’ economic damage from US embargo

Cuba’s Foreign Minister Bruno Rodriguez says the country is willing to continue engaging in dialogue ‘despite the lack of progress’ and ‘lack of willingness’ on the part of the US.
Cuba’s Foreign Minister Bruno Rodriguez says the country is willing to continue engaging in dialogue ‘despite the lack of progress’ and ‘lack of willingness’ on the part of the US.

Thailand to shift from LNG towards renewables in wake of Iran war

Thailand aims to generate 60% of its electricity from clean energy sources like solar, wind and hydro in 25 years.
Thailand aims to generate 60% of its electricity from clean energy sources like solar, wind and hydro in 25 years.

Putin, Trump just gave Japan more reasons to go nuclear

Russian leader Vladimir Putin visiting a fish processing plant on Iturup, one of the islands that Japan also claims as its territory.
Russian leader Vladimir Putin visiting a fish processing plant on Iturup, one of the islands that Japan also claims as its territory.

Trump says US ‘low-keying it’ with Iran

US President Donald Trump says the US is ‘semi-negotiating’ with Iran, despite making a series of threats to strike Iran hard.
US President Donald Trump says the US is ‘semi-negotiating’ with Iran, despite making a series of threats to strike Iran hard.

Hungarians curb power use as record low Danube waters trigger energy crunch

A view of the low water level of the Danube River around Lupa Island in Budakalasz, Hungary, on Aug 4.
A view of the low water level of the Danube River around Lupa Island in Budakalasz, Hungary, on Aug 4.

Cuba's power grid collapses again during restoration efforts after nationwide blackout

People sleep and rest outdoors on the steps of the University of Havana to escape the heat after Cuba's electricity grid collapsed late on Sunday, plunging the island of about 10 million people into darkness as blackouts become more frequent, in Havana, Cuba August 3, 2026. REUTERS/Norlys Perez
People sleep and rest outdoors on the steps of the University of Havana to escape the heat after Cuba's electricity grid collapsed late on Sunday, plunging the island of about 10 million people into darkness as blackouts become more frequent, in Havana, Cuba August 3, 2026. REUTERS/Norlys Perez

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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.