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Jump in illegal refuelling complaints as Hong Kong grapples with rising oil prices

Jump in illegal refuelling complaints as Hong Kong grapples with rising oil prices

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City receives 221 reports of illegal petrol stations in January and February, averaging 111 per month or more than four times 2025 monthly average Published: 1:54pm, 13 Mar 2026 Updated: 4:06pm, 13 Mar 2026 Illegal operators in Hong Kong have been converting vehicles into mobile refuelling points and posing risks to public safety, according to […]

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$200 per barrel: Iran warns of further increase in crude oil price

$200 per barrel: Iran warns of further increase in crude oil price

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Iran has warned that global oil prices could surge to $200 per barrel as tensions escalate in the Middle East following recent attacks linked to the ongoing conflict involving the United States and Israel. Speaking on Wednesday, the spokesperson for Iran’s Khatam al-Anbiya military command headquarters, Ebrahim Zolfaqari, said Tehran would shift from retaliatory responses

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US Ambassador Sergio Gor backs India’s Russian oil purchases: ‘Great partner’ in global price stability

US Ambassador Sergio Gor backs India’s Russian oil purchases: ‘Great partner’ in global price stability

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US Ambassador to India Sergio Gor has publicly endorsed India’s ongoing purchases of Russian oil, saying Washington recognises them as part of efforts to maintain stable global oil prices. Here’s what his statement means for India-US energy ties. American Ambassador to India Sergio Gor has hailed India’s role in maintaining stable oil prices around the

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US Energy Secretary Deletes Post Claiming Navy Escorted Tanker Through Hormuz

US Energy Secretary Deletes Post Claiming Navy Escorted Tanker Through Hormuz

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Last Updated: March 11, 2026, 00:35 IST Oil prices took a tumble by 15 percent after the initial announcement. It pared back some of those losses after the post was deleted The Strait of Hormuz has been closed since the beginning of the West Asia conflict while effectively being under the control of Iran’s Revolutionary

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SA exposed as Middle East conflict pushes oil above $100

SA exposed as Middle East conflict pushes oil above $100

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Surging oil prices linked to the Middle East conflict are exposing South Africa’s dependence on imported fuel, raising concerns about reserves, inflation and economic growth South Africa’s vulnerability to global energy shocks is coming into sharper focus as the escalating conflict involving Iran, Israel and the United States pushes oil prices above $100 a barrel,

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Stock Market Today: Oil Price Slides; Dow Futures Inch Lower — Live Updates

Stock Market Today: Oil Price Slides; Dow Futures Inch Lower — Live Updates

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