Oil prices/Crude oil

Empty tankers heading to US to load up with oil and gas, says Trump

Pumpjacks in the Belridge oil field on March 10, near McKittrick, California.

Fuel shortages from Iran war threaten Asia’s biggest food staple

A farmer harvests rice at a paddy field in Aceh province in Indonesia on April 2.

Iran war drives deeper oil shock than prices reveal

Estimates indicate that companies have turned off 10 per cent or more of the world’s oil supply since the war started.

Trump says US will have Strait of Hormuz ‘open fairly soon’

U.S. President Donald Trump speaks to the media, before boarding Air Force One on his way to Virginia, at Joint Base Andrews in Maryland, U.S., April 10, 2026. REUTERS/Evelyn Hockstein

Iran war leaves crisis-scarred countries counting the cost

People on their vehicles wait for their turn to get fuel at a petrol station, as fuel prices in Pakistan rise, amid the U.S.-Israeli conflict with Iran, in Karachi, Pakistan, April 2, 2026. REUTERS/Waseem Sattar/File Photo

US inflation surges as effects of the Iran war show in prices

The Consumer Price Index reported jumped to 3.3 per cent compared to the year before, which is almost a full percentage point increase from February's annual pace.

Hong Kong sees ‘sharp rise’ in illegal fuel trading

Motor spirit containers seized in an illicit fuel storage site during an anti-illicit fuel operation in Hong Kong.

After years of war with Russia, Ukraine's farmers are hit by Iran conflict

An agriculture worker drives a tractor as he prepares soil for sowing buckwheat in the village of Malopolovetske, amid Russia's attack on Ukraine, in the Kyiv region, Ukraine, April 6, 2026. REUTERS/Valentyn Ogirenko

Middle East producers preparing for oil export resumption via Hormuz, sources say

Top global exporter Saudi Aramco has asked its clients to submit nominations for cargoes loading from the ports of Yanbu and Ras Tanura in May, two of the sources said.

China’s EV exports soar to record as oil shock entices buyers

China’s exports of electric vehicles and hybrids jumped 140 per cent from a year earlier in March, led by BYD.

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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.