How heavily fuel-reliant Pacific Islands are handling the Iran war crisis

Zero Carbon Analytics said meeting these targets and moving away from reliance on imported energy would provide a significant buffer against volatility in international fossil fuel markets. But it also said progress has been slow in much of the region. Renewable power made up almost 50% of the world’s electricity capacity last year after a … Read more

Indonesia to ration subsidized fuel to mitigate energy crisis impact

Energy Daily quotas to be introduced on Wednesday; other curbs under consideration Motorcyclists queue to fill up at a gas station run by Indonesian state oil company Pertamina in Sukoharjo, Central Java. © Getty Images ISMI DAMAYANTI and REZHA HADYAN JAKARTA — The Indonesian government has announced the rationing of subsidized fuel through daily purchase quotas in a … Read more

Indonesian business lobby calls for higher deficit cap during energy crisis

Iran tensions Chamber of commerce chief suggests tapping Russian oil to ease shortage concerns Anindya Bakrie, chairman of the Indonesian Chamber of Commerce and Industry, suggested temporarily raising the country’s legal fiscal deficit ceiling from 3% to 4%-5% during an interview with Nikkei Asia in Tokyo on March 30. (Photo by Suzu Takahashi) ERWIDA MAULIA and AKITO TANAKA … Read more

Manila Bulletin – Palace: PH energy security strengthening amid global oil crisis

Published Mar 29, 2026 11:15 am  |  Updated Mar 29, 2026 01:35 pm The Philippines’ energy security is strengthening despite global oil volatility, as government and private sector efforts begin to stabilize supply, Executive Secretary Ralph Recto said. In a statement, Recto said a “synergy of public-private efforts” ordered by President Marcos is now “bearing fruits” amid … Read more

No one will be left behind as govt addresses oil crisis — Marcos

MANILA, Philippines — President Ferdinand Marcos Jr. reassured the public anew that no one will be left behind as the government addresses the effects of the war in the Middle East. In his vlog released Sunday, Marcos gave updates on the government’s measures to address soaring fuel prices and its effects. “It is clear that … Read more

Let’s learn Covid lessons and hold our nerve through this crisis – Liam Dann

That seemed pretty optimistic. Most of us have no trouble visualising a worse scenario than that. But then, there’s always a worse-case scenario. If we indulge that line of thinking, the pessimists always win. We quickly end up in an inflationary spiral of negativity. That would be ironic, given a real inflationary price spiral is … Read more

BARMM officials convene to address OFW plight amid Middle East crisis

COTABATO CITY — Key officials of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) have convened here to tackle issues accruing from the ongoing Middle East crisis, including principally the stark plight of some 2 million constituents serving as contract workers in the beleaguered gulf nations. The convergence was held on March 19 following an … Read more

Oil Prices & Stock Market Update – March 6 | Milan Falls -1.02%

Europe weak at the end with Wall Street, Milan -1.15% European stock markets were weak at… The post Oil Prices & Stock Market Update – March 6 | Milan Falls -1.02% appeared first on Archynetys. Source link

Travelling or living overseas during the Iran crisis? Here’s what you need to know

Jordan, Oman, and Saudi Arabia are at Level 3 – Avoid non-essential travel. For those travelling to the United States (Level 2), MFAT’s advice is to still exercise caution and expect travel delays. On Wednesday, an MFAT spokesperson confirmed it had activated a Coordination Centre in response to the developing situation in the Middle East. … Read more