Hundreds of petrol stations across Australia run out of fuel as Albanese inks supply deal with Singapore
Australia faces a fuel shortage as hundreds of petrol stations run dry after the government strikes a supply deal with Singapore.
Dried-up Gas Stations: Australians Encouraged to Work from Home
As record fuel prices strain supply, the Australian government is urging citizens to work from home if possible due to empty gas station pumps.
Turn in monetary policy: analysts believe the Government bets on negative rates and leaving pesos in the market to boost activity
Analysts suggest that the Argentine government's shift towards negative interest rates aims to stimulate economic activity by increasing money supply, despite existing high inflation.
Iran chokes Strait of Hormuz with reported $2M tanker toll, regime threatens global oil supply
Iran is reportedly imposing a $2 million toll on tankers passing through the Strait of Hormuz to strengthen its control over this crucial shipping route.
Maximum 50 liters per day. The Slovenian government has limited refuelling at gas stations
The Slovenian government has imposed a daily fuel limit of 50 liters per vehicle due to supply issues.
As Labor faces pressure to respond boldly to oil shock, it needs to find more unconventional levers to pull
Australia's government is under increasing pressure to address rising oil prices and supply issues following recommendations from the International Energy Agency.
Six fuel ships bound for Australia cancelled as Bowen concedes โflow of oil to Asian refineries has slowedโ
The Australian government is facing disruptions in oil supply as six fuel ships scheduled for delivery have been cancelled, prompting preparations to secure alternative shipments.
FT: EU Commission urges member states to lower gas storage targets
The EU Commission is asking member states to reduce their gas storage filling targets in response to rising prices and supply issues exacerbated by the Iran crisis.
Why the exemption for fuel disappears before reaching the pumps
The Brazilian government's decision to eliminate taxes on diesel did not lead to immediate price reductions at gas stations due to the complexities of the supply chain.
What could happen to Australian fuel supplies after mid-April, according to experts
Experts discuss the potential future of Australian fuel supplies after mid-April amid rising prices and consumption restrictions.
Slovakia has banned the export of fuels abroad
Slovakia has implemented a ban on fuel exports, likely as a measure to address domestic needs.
Fresh electricity proposal: Will prioritize national security
Norway's Energy Department is proposing a new law to allow electricity companies to prioritize national security interests over regular demand, following issues with power supply for military needs.
GALLERY โฉ Fuel prices at gas stations have taken a small step back
Fuel prices at gas stations in Estonia slightly decreased recently due to government measures aimed at mitigating the impact of global supply issues.
Work from home and slow down on the road: worldโs energy watchdog advises emergency measures as oil prices rise
The International Energy Agency has advised emergency measures to curb oil demand amid rising prices and supply shortages due to the Middle East conflict.
Daniel Obajtek thunders about fuel prices. "It will be eight, nine zlotys"
Daniel Obajtek predicts that fuel prices in Poland will rise to between eight and nine zlotys per liter, citing current geopolitical tensions affecting oil supply.
Hungary will help Ukraine 'when we have our oil,' says Viktor Orban
Hungarian Prime Minister Viktor Orban stated that Hungary will only assist Ukraine once the country secures its oil supply.
Taxes and Margins: Austria Takes More Action to Reduce Fuel Prices
Austria's government is implementing measures to reduce fuel prices by lowering mineral oil taxes and potentially freezing margins along the supply chain.
The War May Expand Further: Unexpected Calls from Allies to D. Trump
Sources reveal that Iran continues to pose a significant threat to the oil supply lines in the Persian Gulf, while the U.S. is pressuring Gulf states to join its campaign against Iran.
American ex-diplomat: Few will help Trump with the Strait of Hormuz
An ex-American diplomat discusses the challenges President Trump may face regarding the Strait of Hormuz.
F.A.Z. Exclusive: The Mineral Oil Industry Warns of Supply Shortages
The German mineral oil industry has raised concerns that proposed amendments to antitrust laws could lead to fuel supply shortages.
Dan Jรธrgensen: Europe is in a price crisis, but energy supply is secured
EU Energy Commissioner Dan Jรธrgensen states that Europe is experiencing a price crisis in energy, but reassures that the energy supply is secure, diminishing the need for drastic interventions.
The Trump administration has a plan to forcefully open the Strait of Hormuz
The Trump administration is reportedly planning to form a coalition of countries to reopen the Strait of Hormuz, where oil supply is currently restricted due to a blockade.
Japan Starts Releasing Stockpiled OilโฆโMiddle Eastern Oil Supply Cut Off This Weekโ
Japan has begun releasing its oil reserves in response to supply uncertainties caused by the US-Iran conflict, initiating this process to stabilize fuel prices amid expected shortages from the Middle East.
Power reset: How GAMCO may unlock 1,600MW
Nigeria's government is introducing the Grid Asset Management Company to address power shortages by unlocking stranded generation capacity and improving transmission infrastructure.
Barnaby Joyce regrets not doing more to secure fuel reserves when in government
Barnaby Joyce expressed regret for not securing sufficient emergency fuel reserves during his time in government as Australia faces fuel supply shortages.
Australia news live: new laws to crack down on property underquoting in NSW
Jim Chalmers discusses the impact of global economic conditions on Australia's inflation and upcoming budget reforms.
Industrial Electricity Rates to be Revamped: Cheaper During Day, More Expensive at Night to Align with Solar Power Supply Capacity
South Korea's Ministry of Climate, Energy and Environment has announced a reform of industrial electricity rates to lower prices during the day and increase them at night, encouraging energy consumption during solar generation hours.
MURIC seeks 100% crude supply to Dangote Refinery
The Muslim Rights Concern has urged the Nigerian government to ensure full crude oil supply to local refineries to foster energy self-sufficiency.
Release of Oil Reserves on the 16th, Starting with 15 Days of Private Reserves, Government Officially Announces
On the 16th, the Japanese government will begin releasing oil reserves to ensure a stable supply, starting with 15 days' worth from private stocks.
Iran Needs to be Capable and Willing to Engage in such a Deal
The article discusses the complexities of the U.S. approach to regime change in Iran and the implications for geopolitical stability and oil access.
Koo Yoon-cheol: Starting from tomorrow, the gasoline supply price will be 1,724 won, and diesel will be 1,713 won
South Korea's Deputy Prime Minister Koo Yoon-cheol announces a maximum price regulation for gasoline and diesel starting from midnight, aimed at alleviating consumer burdens amid rising oil prices.
Experts say, 'The prime real estate area Yongsan Business District should stop 'lotto' allocations and enhance public interest'
Experts are calling for measures to prevent lotto allocations in housing supply schemes to ensure the effective provision of public housing in South Korea.
Labor fuel quality downgrade to pump supply into regions; Atlassianโs AI-driven layoffs; and finding your personal style
Labor is temporarily relaxing fuel standard rules to increase petrol supply to regional areas amid concerns of shortages.
The U.S. plans to use oil reserves to reduce prices
The U.S. is set to release oil from its strategic reserves as part of a coordinated response to rising oil prices amid global supply disruptions.
Goo Yoon-cheol: The maximum price system will be adjusted by the supply price of refiners... Review of abolition at the level of 1800 won
The South Korean government plans to implement a maximum price system for oil products by controlling the supply prices of refiners, intending to maintain the system until oil prices drop to pre-war levels around 1800 won.
FG ready to adjust policies as Middle East crisis deepens
The Nigerian Federal Government is prepared to modify its economic policies in response to escalating geopolitical tensions in the Middle East, which could impact Nigeria's economy through energy prices and supply chains.
Trump says Iran war over 'very soon' after Hegseth warns 'just the beginning'
Donald Trump claims the Iran war could end 'very soon' but contradicts his administration's earlier statements and outlines further threats against Iran.
Corona, Wheat Prices... ECA Has Been Implemented Several Times Before, Know in What Situation This Happens
The Indian government has re-enacted the Essential Commodities Act (ECA) to ensure LPG availability amid geopolitical tensions, aiming to control supply and prevent hoarding.
Despite supply chain shocks... South Korea's public finance invests 13 times more in fossil fuels than renewable energy
South Korea's public finance has invested significantly more in fossil fuels compared to renewable energy, raising concerns amid ongoing global energy supply disruptions.
Government enacts ECA amidst gas crisis... Understand what it means
India's government has invoked the Essential Commodities Act to stabilize LPG supply in response to a gas supply shortage stemming from the aftermath of the Iran war.
Seoul City to Supply 74,000 Youth Housing Units by 2030
Seoul City announced plans to supply 74,000 youth housing units by 2030 to alleviate housing burdens for young residents.
Government Takes Major Step to Increase LPG Production and Ensure Supply
The Indian government has implemented the Essential Commodities Act to ensure the uninterrupted supply of domestic cooking gas (LPG).
Trump reiterates a series of threats against Iran
Trump has made several threats against Iran regarding their oil supplies, claiming that any aggression will be met with unprecedented force.
Shortage is Growing: The Consequences of Wrong Housing Policy
Frankfurt faces a growing housing shortage as political discussions focus on rent regulations instead of increasing housing supply.
Shortage is Growing: The Consequences of Poor Housing Policy
There is a growing shortage of housing in Germany, particularly in Frankfurt, as political focus remains on rental price regulations instead of increasing housing supply.
Shortage Increases: The Consequences of Poor Housing Policy
The article discusses the growing housing shortage in Frankfurt due to a focus on rent regulation rather than increasing housing supply.
LPG New Rule: Major Change in Cooking Gas Regulations, Now You Have to Wait 25 Days to Book a Cylinder
The Indian government has revised the booking rules for domestic LPG cylinders, extending the waiting period from 21 to 25 days amidst supply concerns due to geopolitical tensions.
Trump administration turns Venezuela into major US oil supplier as global shipping crisis eases
The Trump administration has successfully transformed Venezuela into a significant oil supplier for the U.S., as stated by Interior Secretary Doug Burgum, helping to alleviate gas prices amid a global shipping crisis.
Industrial Policy in Europe: Chemistry in a Cage
The EU aims to define essential chemicals for Europe to enhance resilience and protect its industry, though the plan is unlikely to succeed.
India US Relations: India's Foreign Policy Victory, America is compelled to declare, 'India should buy oil from Russia'
The US has allowed India to purchase Russian oil amidst geopolitical tensions, indicating a significant shift in foreign policy dynamics.