Five ASEAN Members Back Regional Oil Stockpile as Study Nears Completion
Indonesia, Singapore, Malaysia, Thailand and Vietnam support joint reserves initiative as Middle East disruptions push fuel prices higher across Southeast Asia
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Indonesia, Singapore, Malaysia, Thailand and Vietnam support joint reserves initiative as Middle East disruptions push fuel prices higher across Southeast Asia

Bangkok will back one million households with $6 billion emergency fund as Middle East conflict drives energy costs higher across Southeast Asia

The state oil firm posted a 4% profit gain in the first half of 2026 while completing a strategic refinery takeover and navigating West Asia supply risks.

Industry voices question whether multi-billion-dollar data centre projects align with national priorities as brownouts persist and electricity demand outpaces supply

A 430-million-barrel discovery off Vung Tau could reshape regional energy security, but only if Vietnam can defend its claim in contested waters

Global crude inventories decline with Japan's reserves down 18% since conflict began, pushing prices higher

China General Nuclear Power Corporation runs facilities with 2.2 GW capacity despite American sanctions over alleged technology theft

Industry leaders warn 3 GW semiconductor project must drive renewable investment, transmission upgrades and community safeguards to avoid straining Luzon power supply

Beijing's refusal to participate in Treasury-led isolation campaign underscores limits of Washington's economic pressure tactics in Asia

Washington's plan to intensify economic pressure on Tehran could complicate already fragile U.S.-China relations as Beijing maintains critical energy imports from the Islamic Republic

First-quarter transaction value jumped to $9.2 billion as governments accelerate project approvals and data center expansion drives power generation investment

Brent settles at $90.87 amid diplomatic deadlock between Washington and Tehran, while Strategic Petroleum Reserve hits four-decade low

Benchmark crude gained 2.65% Monday while diplomatic efforts between Washington and Tehran remain frozen, with shipping through the critical strait down sharply over the weekend.

Motorists across the Philippines will face sharply higher costs at the pump starting Tuesday as geopolitical tensions and supply disruptions tighten global oil markets.

Middle Eastern crude exports continue above 4 million barrels daily despite escalating regional violence and stalled Washington-Tehran negotiations

Energy Secretary Sharon Garin backs Maharlika Investment Corp.'s delayed entry into National Grid Corp. despite extended negotiations

Tehran seeks regional backing to reopen strategic waterway as Washington's influence wanes in the Gulf

Brent crude edges higher as Washington signals indefinite pressure campaign, offsetting weak demand forecasts from OPEC and IEA

Energy department considers raising royalty terms beyond current 30 percent threshold while auction timeline slips toward year-end

The president's statement comes amid a five-month Iranian blockade of the critical waterway, escalating tensions in the Gulf region

Crude climbed more than $1 per barrel Friday as shipping disruptions and stalled US-Iran talks tighten global supply through a channel carrying one-fifth of world oil flows.