The Philippines is looking to review a nearly 30-year old law that liberalized its oil industry, as the government aims to have a better grip on fuel prices that have shot higher due to the Iran war.
The Strait of Hormuz is an Iranian ‘kill box,’ preventing the U.S. Navy from securing it right now and letting tankers pass through freely
“Iran has extensive tunnel networks to protect and launch such vessels surreptitiously, including midget submarines and other submersibles useful for mine laying.” …
Vladimir Putin enjoys a huge windfall from the Iran war
The ship’s U-turn is a metaphor for the dramatic reversal in the fortunes of Russia’s energy industry since the start of the Iran war. The de facto closure of the Strait of Hormuz has trapped around …
Exclusive-Iran lets two gas tankers sail to India through Hormuz, sources say
By Nidhi Verma and Jonathan Saul NEW DELHI, March 13 (Reuters) – Iran has allowed two Indian-flagged liquefied petroleum gas carriers to sail through the Strait of Hormuz, four sources with direct …
Iraq is caught in the crossfire of the Iran war, with attacks by both sides on its soil
Iraq is caught in the crossfire of the Iran war and is the only country facing strikes from both sides, threatening to drag the nation that has so far avoided two years of regional turmoil into a full …
Japan to consider whether to buy Russian crude following US sanctions waiver
By Yuka Obayashi TOKYO, March 13 (Reuters) – Japan will consider whether to buy Russian crude after the U.S. issued a 30-day sanctions waiver amid the Iran war by taking into account international …
Japan taps oil reserves as Iran war spreads. Could it give China leverage?
With Tokyo and Beijing still at loggerheads over Taiwan, analysts warn Japan’s decision exposes its economic vulnerability Japan’s unilateral decision to release oil from its emergency stockpiles …
Comment: Iran’s bankruptcy is its best weapon against the wealthy Gulf states
There is an old saying, attributed to the British Foreign Office in colonial days: ‘Keep the Persians hungry, and the Arabs fat.’ Washington appears to have taken that advice to heart. The trouble is, …
Strategic Stakes Rise for Bangladesh as Iran Targets Gulf Neighbors
There are practical ways in which Bangladesh could contribute to the security and stability of the Gulf without becoming directly involved in military confrontation.
India Asks Iran to Allow Tanker Armada Through Hormuz
India is in active talks with Iran to allow at least 23 tankers through the Strait of Hormuz with the first crossings expected by the weekend, two Indian government officials told The Wall Street …