Oil and gas sector

US fires Hellfire missile at tanker heading towards Iran

The US military’s Central Command posted a video showing the missile strike the tanker.

Texas is becoming America Inc’s centre of gravity

Texas’s growing cultural appeal is making it easier for firms to convince workers to move there.

France intercepts another ‘shadow fleet’ tanker linked to Russian oil

The tanker was suspected of flying under a false flag, and was intercepted with support from Britain.

China mine collapse kills five, days after deadly Shanxi blast

Chinese Premier Li Qiang warned that frequent accidents in some regions and sectors have caused heavy losses, urging officials to step up inspections.

Strait of Hormuz ship transits are rising thanks to US help

Vessels anchored in the Strait of Hormuz, as seen from Musandam, Oman, on May 30.

US warns it is capable of resuming war with Iran as deal remains elusive

Vessels anchored in the Strait of Hormuz, as seen from Musandam, Oman, on May 29.

Vance says US not there yet on Iran, but close to deal

The agreement would extend the truce for another 60 days and allow traffic to flow through the Strait of Hormuz while negotiators tackle difficult issues such as Iran’s nuclear programme.

US Treasury chief threatens to sanction Oman if it joins Strait of Hormuz tolls

Vessels anchored in the Strait of Hormuz, as seen from Musandam, Oman, on May 25.

Explainer: What is behind the rising volume of Russian oil arriving in Singapore?

Analysts said there has been a rising demand for Russian oil in China and India.

Japan approves $4 billion spending to help households with energy costs

Deputy chief cabinet secretary Masanao Ozaki said electricity and gas bills are unlikely to rise significantly in May or June, but rising fuel import prices will be a factor after that.

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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.