Retail US gasoline prices have risen by more than $1 in 30 days, on par with some of the sharpest spikes over the last 20 years. The surge has also been faster than the initial jump in prices in 2022, as oil markets anticipated and reacted to Russia’s invasion of Ukraine. By Bloomberg March 31, […]
US gasoline price rises above $4 as war sends fuel costs surging Read More »
Bank Negara Malaysia assesses economic risks from West Asia conflict, with scenarios for oil prices and growth, while highlighting fiscal buffers from subsidy reforms. KUALA LUMPUR: Bank Negara Malaysia (BNM) is actively evaluating the economic risks stemming from the West Asia conflict, which Governor Datuk Seri Abdul Rasheed Ghaffour warned could persist for up to
BNM models West Asia conflict impact on Malaysia’s economy Read More »
A general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483 km northwest of the Strait of Hormuz, in Iran on March 12, 2017. Anadolu | Anadolu | Getty Images Oil prices reversed course to drop on Tuesday as traders assess President Donald Trump’s
Oil prices reverse course to fall as traders assess Trump comments on Iran war Read More »
A view of missile traces launched from Yemen at Israel sighted in the sky over Hebron, West Bank, on March 28, 2026. Wisam Hashlamoun | Anadolu | Getty Images Asia-Pacific markets whipsawed in volatile trading on Tuesday, as oil prices reversed course to fall after a report said that President Donald Trump was looking to
South Korea’s Kospi leads losses in Asia as Iran war worries keep investors on edge 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 »
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Chevron CEO sounds alarm as Trump puts a 10-day clock on Iran Read More »
