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How Asean can loosen dependence on US, China amid trade war fallout
WorldSCMP15d ago

How Asean can loosen dependence on US, China amid trade war fallout

As trade tensions and new US tariff investigations rattle global supply chains, Southeast Asian economies are looking to broaden their options, but analysts say the region’s deep links with the US and China mean any shift will be gradual rather than a clean break. The disruption could actually work in Asean’s favour, accelerating supply-chain diversification and shifting more manufacturing to the region from markets such as Europe, India and the Middle East, they say. Economic ministers from ...

G7 releases record amount of oil stocks to 'calm the markets down'
BusinessAPReutersBBC+101bloombergNYTwsjFTle-mondewapoThe GuardianAl Jazeera+93 more18d ago104 sources

G7 releases record amount of oil stocks to 'calm the markets down'

G7 leaders have announced the record release of 400 million barrels of oil in response to the war in the Middle East. This represents about twenty days worth of usual oil traffic through the Strait of Hormuz, currently through dangerous to go through due to the threat of Iranian strikes. This initiative aims 'to calm markets down', as FRANCE 24's Philip Turle explains.

Oil Prices Surge as Trump Threatens to Seize Iranian Oil, Iran Reacts
BusinessReutersNYTwsj+61FTThe GuardianNPRFox Newscbcruvtagesschaufaz+53 more18h ago64 sources

Oil Prices Surge as Trump Threatens to Seize Iranian Oil, Iran Reacts

Brent crude oil prices are surging towards a four-year high amid the widening Middle East conflict and U.S. President Donald Trump's explicit statements about seizing Iran's oil, including Kharg Island's terminal. Iran's Speaker Ghalibaf has also commented on how to profit from Trump's actions, further escalating market risks and geopolitical tensions.

Businesschina-daily14d ago

Asia Braces for Sweeping Tariffs

Asian economies are preparing for the potential impact of sweeping tariffs, which could significantly affect trade relations and economic stability across the continent.

Energy Crisis Weakens European Industry, Raising Questions About Protectionism
Businessdelfi-ltobservador16d ago2 sources

Energy Crisis Weakens European Industry, Raising Questions About Protectionism

The 2022 energy crisis, triggered by the war in Ukraine, significantly increased energy costs in Europe, weakening the competitiveness of its industry compared to the United States and Asian economies. This situation has led to discussions about whether Europe is finally beginning to protect its industry more actively.

‘Sufficient reserves’: India assures energy availability amid Middle East tensions
BusinessTimes of India27d ago

‘Sufficient reserves’: India assures energy availability amid Middle East tensions

India possesses ample energy reserves to navigate current Middle East tensions, assured Petroleum Minister Hardeep Puri. He highlighted the nation's commitment to energy availability, affordability, and sustainability, addressing concerns over potential supply disruptions. This assurance comes as global oil routes face risks, impacting major Asian economies reliant on Middle Eastern crude.

Asian Investors Pour $68 Billion Into Central Asia as Energy Overtakes Extractives
Businessastana-times1mo ago

Asian Investors Pour $68 Billion Into Central Asia as Energy Overtakes Extractives

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — Foreign direct investment (FDI) stock from Asian countries into Central Asian economies grew 2.3 times between 2016 and the first half of 2025, rising from $29.9 billion to $68 billion, according to data from the Eurasian Development Bank. According to the bank’s Monitoring of Mutual Investments report released in January, the expansion reflects… The post Asian Investors Pour $68 Billion Into Central...