Ukraine’s President Volodymyr Zelensky (L) and France’s President Emmanuel Macron (R) arrive for a press conference following talks focused on the support from France and European partners to help Ukraine defend itself, and on ways to increase pressure on Russia, at the Elysee Presidential Palace in Paris on March 13, 2026. Photo by LUDOVIC MARIN […]
Macron Pledges No ‘Respite’ For Russia Despite Mideast War Read More »
Oil drilling rigs Oil markets are closely watching prices as Middle East tensions continue to threaten crude flows through the Strait of Hormuz, disrupting global supply and pushing prices higher. Brent crude closed above $100 per barrel yesterday for the first time since August 2022. During the week, prices briefly surpassed $120 per barrel. In
Poll: What’s next for oil prices? Read More »
Gold futures for April delivery edges down 0.5% to $5,100.4 per ounce Gold and silver futures fell on Friday as the US dollar strengthened, while the ongoing conflict in the Middle East kept oil prices above $100 per barrel. Gold futures for April delivery declined 0.5%, or $25.4, to $5,100.4 per ounce as of 9:30
Gold futures fall, head for 2nd weekly loss Read More »
Greater Bay Airlines announced on Friday that fuel surcharges for non-mainland services would almost double from March 18 due to higher oil prices as a result of the Middle East conflict. This came after similar moves by Cathay Pacific and Hong Kong Airlines. For flights to the Maldives, the surcharge will rise from HK$284 to
Greater Bay Airlines surcharges double from Wednesday Read More »
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MANILA, Philippines — Malacañang pushed back against Vice President Sara Duterte’s criticism of the government’s response to rising oil prices linked to tensions in the Middle East. Palace Press Officer Claire Castro questioned Duterte’s claim that the administration failed to prepare for the possibility of a global oil crisis. The vice president earlier said the
WATCH: Palace hits back at Sara Duterte over oil price criticism Read More »
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How Middle East conflict and soaring oil prices will affect Angola’s Chinese debt deals Read More »
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
Jump in illegal refuelling complaints as Hong Kong grapples with rising oil prices Read More »
As the US–Israel war on Iran escalates, so too does the global oil crisis. The effective closure of the Strait of Hormuz, through which roughly 20% of the world’s oil and natural gas flows, and the targeting of oil production facilities in the Middle East have lifted the oil price by 34%. The price of
Oil, petrol, gasoline: a chemical engineer explains how crude turns into fuel Read More »
Home Market News Dow Jones Today | US Stock Market LIVE: Dow dives 500 points as oil jumps, Iran says it will keep Strait of Hormuz shut Dow Jones Today | US Stock Market LIVE Updates: Stocks were under pressure on Thursday (March 12) as oil prices added to their surge on supply disruption worries
