M alaysia’s finance ministry announced price hikes on diesel and other transport fuels for the second week in a row, driven by surging oil costs as a result of the ongoing conflict in the Middle East. The cost of the subsidised RON95...
KUALA LUMPUR, March 19 (Xinhua) — Ongoing energy disruptions resulting from the continuing conflict in the Middle East have resulted in spillover effects on the Southeast Asian region, particularly affecting the energy price, trade logistics and food security....
From March 1 to 19, commodities carriers made just 114 crossings, according to analytics firm Kpler — a decrease of 95 percent from peacetime. Of these, 69 crossings were by oil tankers and more than half were loaded, Kpler data showed, with most travelling east...
KUALA LUMPUR – For some, the war in the Middle East may feel far away. But for Mr Latiff Abu Hassan, a community leader and seed supplier, the conflict has already landed in his garden. Over the past few weeks, the 55-year-old has been spending...
The Trump administration has temporarily waived the Jones Act for select liquid bulk and dry bulk cargoes, allowing foreign seafarers and shipowners greater latitude to work within the United States. Energy market analysts expect that the move will reduce fuel...
Close attention is being paid to two tankers, which observers suspected were heading toward Cuba in a Russian effort to provide some relief to the fuel-starved island. The Trump administration is continuing its efforts toward regime change by imposing a near-total ban...
