International
External Affairs Minister S. Jaishankar and US Secretary of State Marco Rubio discussed the worsening energy security crisis triggered by the West Asia conflict, highlighting growing concern over the impact on oil flows, shipping routes and broader economic stability. The conversation reflects the increasing diplomatic focus on protecting supply chains as tensions around
International
Iran’s Foreign Ministry has rejected President Donald Trump’s claim that talks are underway over pausing U.S. strikes on Tehran’s energy sites, pushing back against Washington’s suggestion that there is a live diplomatic channel producing results. Iran Rejects Trump Claims On Talks Iran made clear that Trump’s description of ongoing talks is not accepted by Tehran. […]
International
Australia and Singapore have signed a new energy security agreement to strengthen coordination and protect the uninterrupted flow of key fuel supplies as tensions linked to the Iran conflict continue to disrupt global markets. The two countries said the cooperation will focus on diesel and liquefied natural gas, reflecting growing concern over supply chain resilience […]
International
The head of the International Energy Agency has warned that the global economy is facing a major threat as the current energy shock combines elements of past oil crises with fresh gas market disruption. Speaking in Canberra, IEA Executive Director Fatih Birol said the ongoing conflict has created one of the most serious energy emergencies […]
International
The West Asia conflict deepened on Sunday as Israel pressed for broader international backing against Iran, while Tehran signalled limited flexibility on shipping through the Strait of Hormuz and global leaders pushed for restraint. The latest day of the war saw new diplomatic, military and energy-related developments, reflecting how the conflict is expanding beyond direct
International
Bangladesh is moving to secure around $2 billion in fresh external funding as it struggles with soaring fuel and LNG costs during the wider West Asia crisis. The push comes as Dhaka tries to protect energy supplies, manage import pressure and avoid deeper disruption to electricity generation and industrial activity. Bangladesh Seeks $2 Billion Energy […]
International
The Iran-Israel-U.S. conflict continued to widen on March 21, with fresh military, diplomatic and energy-related developments adding to pressure across West Asia. The latest round of updates pointed to rising regional strain involving Hezbollah, shipping routes, nuclear safety concerns and global fuel markets. West Asia Conflict Expands Across Multiple Fronts The conflict
International
A group of major countries has issued a joint statement calling for the reopening of the Strait of Hormuz and condemning attacks on commercial shipping and civilian energy infrastructure, as the West Asia conflict continues to disrupt global trade and energy flows. Strait Of Hormuz Joint Statement The statement was issued by Britain, France, Germany, […]
International
Italy Cuts Fuel Taxes as Energy Costs Rise Italy has approved a temporary cut in fuel excise taxes to cushion households and businesses from rising energy costs linked to the Middle East conflict. Prime Minister Giorgia Meloni said the measure would reduce fuel prices by €0.25 per litre, part of a broader emergency package aimed […]