Tag - energy

 
 

ENERGY

Prime Minister Sanae Takaichi speaks with Finance Minister Satsuki Katayama during a plenary session of the House of Councilors in Tokyo on Monday.
JAPAN / Politics / FOCUS
Mar 25, 2026
Takaichi prepares provisional budget as the nature of debate shifts
The development has provided ammunition for the opposition to accuse the Takaichi administration for political mismanagement.
An ethanol distillery plant at a sugar mill in Meerut, Uttar Pradesh, India. The ethanol industry is struggling as the supply of the fuel now outstrips demand.
BUSINESS / Markets
Mar 25, 2026
India’s ethanol producers feel the pinch of success
For the 2025 to 2026 ethanol supply year, Indian oil companies sought bids for about 10.50 billion liters of the fuel, but producers offered around 17.76 billion liters.
U.S. President Donald Trump, right, and Indian Prime Minister Narendra Modi during a news conference in the East Room of the White House in Washington on Feb. 13, 2025.
WORLD
Mar 25, 2026
Trump and Modi discuss Strait of Hormuz as India faces gas shortage
The war in the Middle East has cut off flows of crude oil and liquefied natural gas, driving up prices and sparking volatility in global markets.
Prices are displayed at a gas station in Nagano last week. Japan's government is making efforts to prevent the prices of petroleum products rising excessively.
BUSINESS / Economy
Mar 24, 2026
Oil tankers that did not transit the Strait of Hormuz to arrive in Japan soon
One departed from the Red Sea and the other from a port just beyond the strait
Then-Indonesian President Joko Widodo (front) addresses the media at Jakarta's Tanjung Priok port in December 2015 at a ceremony marking the launch of the first of five new floating power stations to meet the country’s growing demand for energy.
COMMENTARY / World
Mar 24, 2026
Building the energy resilience ASEAN+3 needs
Strengthening energy resilience is not only an energy-policy priority; it is a macroeconomic imperative.
Japan’s core consumer prices, excluding fresh food, rose 1.6% year on year in February, the smallest increase since March 2022, the internal affairs ministry said Tuesday.
BUSINESS / Economy
Mar 24, 2026
Japan’s inflation slips below BOJ’s target for the first time since 2022
Bank of Japan Gov. Kazuo Ueda said he isn’t ruling out an interest rate hike at the next meeting in April, citing the need to monitor both upside and downside risks to prices.
Gantry cranes and shipping containers at the Yangshan Deepwater Port in Shanghai on May 14, 2025.
BUSINESS / Markets
Mar 24, 2026
Some Chinese exporters lift prices on rising costs due to war
Exporters across the world’s second-largest economy began raising prices last week as oil-linked costs surged and the conflict showed no sign of easing.
On Saturday, ​Trump had ‌warned that Iranian power plants would be destroyed if Tehran failed to "fully open" the Strait of Hormuz to all shipping within 48 hours. Trump set a deadline of around 7:44 p.m. EDT on Monday.
WORLD
Mar 23, 2026
Trump delays threat to bomb Iran power plants as he touts progress in talks
The price of the Brent crude oil ​benchmark was down around 7% near $104.
A cargo ship in the Gulf near the Strait of Hormuz amid the U.S.-Israeli conflict with Iran, on March 11
WORLD
Mar 23, 2026
Iran defies Trump’s Hormuz ultimatum with naval mine threat
The ramped-up rhetoric came after stark warnings that the world faces an energy crisis worse than both 1970s oil shocks combined if the U.S.-Israeli war with Iran drags on.
A vintage car drives along an empty street as Cuba begins efforts to restore power after its grid collapsed for the second time in a week, amid a U.S. oil blockade that has dealt a major blow to the island's already ailing energy infrastructure, in Havana on Sunday.
WORLD
Mar 23, 2026
Power restored to Cuba after second nationwide blackout in a week
There have been seven nationwide blackouts since 2024, making life more difficult for Cubans, who fear food will spoil in refrigerators, among other problems.
Two men work next to a sign for CERAWeek in Houston, Texas, on Sunday.
BUSINESS / Markets
Mar 23, 2026
Middle East war to dominate Houston’s ‘Davos of Energy’
The attacks on critical energy facilities in Gulf countries have exacerbated a global oil and gas supply picture already upended by the de facto closure of the Strait of Hormuz.
The liquefied natural gas production facility in Qatar's Ras Laffan Industrial City.
BUSINESS / Markets
Mar 20, 2026
Weeks of war are reshaping the global gas market for years to come
Three weeks of conflict in the Middle East have upended the entire energy supply chain and LNG may be one of the most acute pain points in an expanding crisis.
A gas station in Tokyo on Friday.
BUSINESS / Economy
Mar 18, 2026
Japan to roll out gasoline subsidies amid record-high prices
The national average retail prices of gasoline have exceeded ¥190 per liter.
An oil processing facility in Saudi Arabia
BUSINESS
Mar 18, 2026
SMBC asks banks to confirm Saudi energy loan backing amid war
The unusual step highlights the risks the conflict in Iran poses for lending in Asia.
India’s reliance on imported gas has created a crisis where LPG cylinders meant for households are scarce for restaurants and small industries, exposing vulnerabilities in the nation’s energy transition.
COMMENTARY / World
Mar 18, 2026
The war in Iran hits Indian curries — and crematoriums
Commercial kitchens are starting to crater under a severe shortage of liquefied petroleum gas, or LPG.
An attendant holds a petrol nozzle after refueling a car at a PetroChina gas station in Beijing on March 10.
BUSINESS / Markets
Mar 18, 2026
China’s fuel export ban to further tighten Asia supply
Australia, Bangladesh and the Philippines are ​especially reliant on Chinese fuel supply and will have to cover their needs elsewhere.
The liquefied natural gas tanker Sohshu Maru approaches a thermal power station in Futtsu, Chiba Prefecture, in December 2021.
COMMENTARY / Japan
Mar 18, 2026
Japan’s energy dilemma in an era of volatility
Between 30% to 40% of Japan’s power generation relies on LNG, yet the country maintains only two to three weeks of LNG feedstock for electricity generation.
Tankers sail in the Gulf near the Strait of Hormuz in United Arab Emirates on March 11. Discussions in Tokyo about escorting Japanese vessels have centered on whether this would require parliamentary or Cabinet approval.
JAPAN / Politics / ANALYSIS
Mar 17, 2026
How Tokyo politicians view the Iran war
While government officials deny the possibility of an immediate Self-Defense Forces deployment, U.S. calls for support mean discussions are sure to intensify.
A hotel in Havana remains lit by its own system during a nationwide blackout in Cuba on Monday.
WORLD
Mar 17, 2026
Cuba suffers nationwide blackout as fuel supplies dwindle
Under pressure from Washington, the island hasn’t received a major fuel shipment in three months.
Tanks at an oil refinery in Yokohama in February. Japan said Monday it began to release strategic oil reserves.
BUSINESS / Economy
Mar 16, 2026
Japan begins its largest-ever oil release from strategic reserves
Crude oil prices have soared as the Strait of Hormuz, through which most Japan-bound oil passes, remains effectively closed.

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