Asia·Aug 31, 2026
Indonesia's Record Current Account Deficit Threatens Rupiah Stability
Second-quarter gap hits 3.3 percent of GDP, the highest since late 2018, as surging oil prices widen the trade imbalance
By Siti Nuraini · 3 min ·
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Oil Prices
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Asia·Aug 15, 2026
Trump Announces Plan to Declare Strait of Hormuz US Territory
The president's statement comes amid a five-month Iranian blockade of the critical waterway, escalating tensions in the Gulf region
By Priyanka V. Rao · 3 min ·
Asia·Aug 12, 2026
Crude Surges Past $90 as Hormuz Talks Stall
Diplomatic impasse over the Strait of Hormuz pushes oil up more than 10 percent in a week, reigniting inflation concerns across Asia and raising the odds of US rate hikes before year-end.
By Cheng Wei-Lun · 3 min ·
Asia·Aug 9, 2026
Brent Crude Climbs Above $83 as Iran Eyes Strait of Hormuz Toll Plan
Tehran is pushing for fees of up to 7 percent on cargo values while threatening fines on vessels it deems hostile, complicating any path to normal tanker traffic through the world's busiest oil chokepoint.
By Priyanka V. Rao · 3 min ·
Asia·Aug 7, 2026
Philippine Motorists Face Steepest Fuel Price Drop in Weeks as Mideast Tensions Ease
Manila expects gasoline and diesel to fall by over three pesos per liter next week, the largest single cut since early summer, as crude markets respond to a temporary halt in U.S.-Israel strikes on Iran.
By Priyanka V. Rao · 4 min ·
Asia·Aug 6, 2026
Vietnam Cuts Fuel Prices as Global Oil Markets Shift on Supply Expectations
Hanoi reduced retail gasoline and diesel costs Thursday, tracking a weeklong slide in international crude benchmarks driven by Middle East diplomacy and U.S. inventory builds
By Tran Quoc Bao · 4 min ·