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Oil prices/Crude oil

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.

Iran vows ‘crushing’ attacks on US after Trump threats

Smoke rises from the site of a strike in Tehran on April 1, 2026.
Smoke rises from the site of a strike in Tehran on April 1, 2026.

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.

Himalayan kingdom Bhutan hikes fuel prices due to Middle East war

The government issued the latest rise in fuel price late on April 1, when it also issued energy saving measures.
The government issued the latest rise in fuel price late on April 1, when it also issued energy saving measures.

Chinese airlines to raise fuel surcharges on domestic flights

An Air China passenger airplane lands at Beijing Capital International Airport in China, on March 26, 2026. The airline said it will raise its fuel surcharge on domestic flights.
An Air China passenger airplane lands at Beijing Capital International Airport in China, on March 26, 2026. The airline said it will raise its fuel surcharge on domestic flights.

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

Malaysia’s PM Anwar urges crackdown on fake news over fuel prices

A vehicle is refilled at a petrol station in Port Dickson on March 25, 2026. The  government is spending about RM4 billion (S$1.28 billion) a month to absorb the surge in global oil prices following the outbreak of the Iran war on Feb 28.
A vehicle is refilled at a petrol station in Port Dickson on March 25, 2026. The  government is spending about RM4 billion (S$1.28 billion) a month to absorb the surge in global oil prices following the outbreak of the Iran war on Feb 28.

Australian state triggers emergency powers amid Middle East fuel crisis

Empty fuel dispensers at a Shell petrol station that ran out of fuel, in Sydney, Australia, on March 30.
Empty fuel dispensers at a Shell petrol station that ran out of fuel, in Sydney, Australia, on March 30.

Oil prices surge over 7% after Trump threatens more Iran strikes

A Maxi-Tankers fuel tanker passing a fuel storage tank at the ExxonMobil Yarraville Terminal in Spotswood, Australia, on March 31, 2026. Oil prices have surged since the start of the Iran war on Feb 28.
A Maxi-Tankers fuel tanker passing a fuel storage tank at the ExxonMobil Yarraville Terminal in Spotswood, Australia, on March 31, 2026. Oil prices have surged since the start of the Iran war on Feb 28.

A face-saving chance for Trump to pause the war on Iran

An anti-US banner on display in Tehran. The China guarantee is possibly the best exit opportunity for Mr Trump to extricate himself from the quagmire, says the writer.
An anti-US banner on display in Tehran. The China guarantee is possibly the best exit opportunity for Mr Trump to extricate himself from the quagmire, says the writer.

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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.