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Oil and gas sector

Indonesian airlines renew call to raise fare cap as jet fuel prices jump 70%

A ship bearing the logo of state-owned oil company Pertamina is anchored at a port near an oil depot in Tanjung Priok Port, Jakarta, on March 31, 2026.
A ship bearing the logo of state-owned oil company Pertamina is anchored at a port near an oil depot in Tanjung Priok Port, Jakarta, on March 31, 2026.

While You Were Sleeping: 5 stories you might have missed, April 3, 2026

British Foreign Secretary Yvette Cooper speaking during a virtual summit at the Foreign and Commonwealth Office in London, England, on April 2.
British Foreign Secretary Yvette Cooper speaking during a virtual summit at the Foreign and Commonwealth Office in London, England, on April 2.

World anxious to open Hormuz Strait while Trump and Iran trade threats

British officials, including Foreign Secretary Yvette Cooper (second from right), holding a virtual meeting on April 2 with  counterparts from some 40 countries on ways to free up navigation in the Strait of Hormuz.
British officials, including Foreign Secretary Yvette Cooper (second from right), holding a virtual meeting on April 2 with  counterparts from some 40 countries on ways to free up navigation in the Strait of Hormuz.

Britain says 40 countries discuss reopening Strait of Hormuz after Iran blockade

British Foreign Secretary Yvette Cooper speaking during a virtual summit at the Foreign and Commonwealth Office in London, England, on April 2.
British Foreign Secretary Yvette Cooper speaking during a virtual summit at the Foreign and Commonwealth Office in London, England, on April 2.

China calls for promoting Middle East ceasefire in talks with EU, Germany

FILE PHOTO: A cargo ship in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. REUTERS/Stringer/File Photo
FILE PHOTO: A cargo ship in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. REUTERS/Stringer/File Photo

Which countries’ ships are hit by Hormuz crisis?

Around 670 commodity vessels sent signals from west of the Strait of Hormuz over the last day. The figures may understate the true totals, as some vessels may have turned off their transponders.
Around 670 commodity vessels sent signals from west of the Strait of Hormuz over the last day. The figures may understate the true totals, as some vessels may have turned off their transponders.

India graveyard raid uncovers hidden cooking gas canisters amid shortage

India has been promoting the use of alternatives such as kerosene, coal and biogas to ease the pressure on LPG supplies.
India has been promoting the use of alternatives such as kerosene, coal and biogas to ease the pressure on LPG supplies.

Taiwan airlines to hike fuel surcharges 157% on international flights

The fuel surcharge increase will differ between short-haul flights and longer flights.
The fuel surcharge increase will differ between short-haul flights and longer flights.

India ends import tax on petrochemicals to help local industry

India is the world’s No. 2 importer of LPG, meeting about 60 per cent of its needs with overseas purchases.
India is the world’s No. 2 importer of LPG, meeting about 60 per cent of its needs with overseas purchases.

Takeaways from Trump’s speech on Iran

A customer watches U.S. President Donald Trump address the nation on the Iran crisis from the White House in Washington, D.C., on screen at Brooklyn Diner in Times Square, New York, U.S., April 1, 2026. REUTERS/David Dee Delgado
A customer watches U.S. President Donald Trump address the nation on the Iran crisis from the White House in Washington, D.C., on screen at Brooklyn Diner in Times Square, New York, U.S., April 1, 2026. REUTERS/David Dee Delgado

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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.