Ukrainian President Volodymyr Zelensky told Axios on Monday that a long war in Iran would be very good for Russia and very bad for Ukraine.Why it matters: Russia’s oil-dependent economy is getting a big boost from surging oil prices and the loosening of U.S. sanctions, while the conflict could lead to shortages of air defense […]
Exclusive: Zelensky says Russia winning from Iran war Read More »
Key Points Oil prices have soared this year due to the war with Iran. Higher oil prices could enable Occidental Petroleum and Diamondback Energy to produce more free cash flow. They could use that windfall to repay debt and return more money to shareholders. 10 stocks we like better than Occidental Petroleum › The conflict
Prediction: If the Iran Conflict Escalates, These Energy Stocks Could Double in 2026 Read More »
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Published March 30, 2026 3:48pm Add GMA on Google Make this your preferred source to get more updates from this publisher on Google. Malacañang has rolled out energy austerity measures, directing all government agencies to significantly reduce power and fuel consumption amid the recent oil price shocks brought by the Middle East tension. On Monday,
Recto: Marcos wants gov't offices taking lead in energy saving measures Read More »
Published March 30, 2026 3:34pm Add GMA on Google Make this your preferred source to get more updates from this publisher on Google. The Metropolitan Manila Development Authority (MMDA) said Monday it has observed a decline in passenger volume at terminals and along major thoroughfares, as rising fuel prices appear to have dampened this year’s
MMDA notes leaner Holy Week travel amid rising oil prices Read More »
Malaysia is well-positioned to withstand rising fiscal pressures as the price of Brent crude holds above US$100 per barrel, with stronger petroleum-related revenues expected to cushion the impact of a higher RON95 subsidy bill, said analysts. BMI senior country risk analyst Caroline Wong said higher oil prices would significantly increase the subsidy burden, but elevated
Malaysia well-placed to handle fiscal pressures amid high oil prices, analysts say Read More »
Smoke emanates from smokestacks from an oil refinery in Linden, New Jersey, on March 18, 2026. Kena Betancur | AFP | Getty Images Oil rose Monday as Yemen’s Iran-backed Houthis fired missiles at Israel and U.S. President Donald Trump reportedly said he wants to take Iran’s oil, deepening concerns over escalating risks to Middle East
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Oil price rises past $116 as Iran conflict worsens Read More »
