Oil and gas sector

Shell declares force majeure to clients who buy Qatari LNG: Sources

Shell has long partnerships with QatarEnergy

IEA members to release 400 million barrels from oil reserves to ease Iran war’s impact

Germany is limiting how many times petrol stations can raise prices to just one per day.

Japan to release part of oil reserves ahead of IEA-led decision, PM says

Japan is dependent on the Middle East for around 95 per cent of its oil supplies.

Airlines in Asia hike fares as Middle East war raises fuel costs

War in the Middle East has choked trade in the Strait of Hormuz, which normally carries nearly 20 per cent of global oil production.

G-7 energy ministers ready to take ‘all necessary measures’ on oil reserves

The IEA is proposing the largest ever release of oil reserves, as the Middle East war drives up oil prices.

‘TACO’ on Iran will come too late for Trump

Iranians walking past a damaged building in Tehran, on March 11, during the funerals of military leaders and others killed in the US-Israeli attack on Iran.

Kharg Island: Iran’s vital oil hub in the crosshairs?

A view of Iran's Kharg Island, which hosts the country’s main crude export terminal and is responsible for the overwhelming majority of its oil shipments to the world, on March 2, 2026.

Saudi stops drones heading for oil field in wave of new Gulf attacks

The Shaybah oil field, crucial to Saudi Arabia’s vast oil production, sits near the border with the United Arab Emirates and is operated by Saudi giant Aramco.

IEA proposes largest ever oil release from strategic reserves, WSJ says

The release would exceed 182 million barrels of oil.

While You Were Sleeping: 5 stories you might have missed, March 11, 2026

Rescuers work in the rubble of residential buildings after air strikes, in the Resalat neighbourhood, in Tehran, Iran.

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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.