Thailand PM calls for energy saving as Middle East conflict drives price surge

Anutin Charnvirakul warns country is vulnerable over reliance on oil imports as countries across Asia introduce conservation measures Thailand’s prime minister, Anutin Charnvirakul, has called on the public to conserve energy, urging work-from-home measures and carpooling, as he warned of the impact of the conflict in the Middle East. In a statement posted on social media, Anutin said Thailand was exposed to the crisis because of its reliance on imported oil and gas, and the country could not...

By Rebecca Ratcliffe in Bangkok

North Korea keeping Iran at arm’s length, reports Seoul

South Korea says Pyongyang is wary as it seeks to renew diplomatic dialogue with the US.

Three Ways Iran War Could End And What It Means For Global Energy - Forbes

Three Ways Iran War Could End And What It Means For Global Energy  Forbes

The opening bars of a geoeconomic funeral march

Experts foresee stagflation reminiscent of the 1970s — or even a global recession in the worst‑case scenario — but forecasts remain shaky given the high level of geopolitical uncertainty

By Claudi Pérez

Brace for Impact: Why Oil Prices Could Be Extremely Volatile This Week.

India seeks 2.5 mn metric tons of urea amid Middle East supply amid Hormuz supply hit

India is boosting urea imports by 2.5 million tonnes to ensure domestic availability amidst global supply chain disruptions linked to Middle East tensions. State-owned Indian Potash Ltd is managing the procurement, with shipments expected by mid-June. Simultaneously, the government is increasing gas supply to urea plants, aiming to bolster local production ahead of the crucial June sowing season.

By TOI BUSINESS DESK

EU says strikes on civilian infrastructure 'illegal' as nuclear fears mount

The European Union on Monday warned warring parties in the Middle East that strikes on civilian infrastructure are illegal. This comes as the UN's atomic energy agency voiced concern over the heightened risk of a nuclear accident as hosilities intensify.

By RFI

Taiwan to ship oil from Saudi Red Sea ports

Taiwan will redirect ships to bring crude oil from Saudi Arabian Red Sea ports, the government said Monday, as it seeks to avoid the disruption in the Strait of Hormuz. Oil prices have soared due to the Middle East war. Iran has effectively closed the Strait of Hormuz -- a critical route for global crude oil and gas -- in retaliation for US-Israeli strikes. Taiwan relied on the Middle East for nearly 70 percent of its oil imports in 2025, with Saudi Arabia accounting for almost 29 percent, offic

By The Korea Herald

Wall Street shifts higher as Middle East tensions remain front and center

Israel strikes Iran’s petrochemical complex at Asaluyeh, defence minister says

Israel struck Iran’s largest petrochemical complex at Asaluyeh on Monday, defence minister Israel Katz said, in what he described as a severe economic blow to Tehran. Several explosions were heard at Iran’s South Pars Petrochemical complex in Asaluyeh, Fars news agency reported on Monday. Companies that provide electricity, water and oxygen to Asaluyeh were attacked, […]

By newsroom

Diesel price hikes surpass P100/liter since Middle East tensions

Oil firms are set to roll out another round of fuel price hikes today, pushing the total increase for diesel above P100 per liter or up to as high as P170 since the Middle East war erupted in late February.

By Brix Lelis

Iran Conflict Spotlights Nuclear Energy As Key To Global Energy Security

Iran Conflict Spotlights Nuclear Energy As Key To Global Energy Security The ongoing disruptions tied to Iran’s energy infrastructure and the Strait of Hormuz, have once again exposed the fragility of global oil supplies. As oil prices swing on geopolitical headlines, the founder and executive chairman of Nano Nuclear Energy, Jay Yu, underscored the critical alternative during a recent Fox Business appearance: nuclear power offers “consistent baseload energy”, while oil remains ...

By Tyler Durden

972 flights cancelled at Shahjalal Int’l airport amid Middle East tensions - Dhaka Tribune

972 flights cancelled at Shahjalal Int’l airport amid Middle East tensions  Dhaka Tribune

Oil Prices Jump Above $110 as Hormuz Closure Fears Deepen Amid Iran War

Oil prices opened higher Sunday, with both global benchmarks pushing well above the symbolic $110-a-barrel mark as markets remain on edge over the prolonged war in the Middle East and the near-total closure of the Strait of Hormuz, one of the world’s most critical energy chokepoints. The post Oil Prices Jump Above $110 as Hormuz Closure Fears Deepen Amid Iran War appeared first on Morocco World News.

By Oumaima Moho Amer