Tag: fuel
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Commentary: Fossil fuels are winning the battle for easy money
Cash-strapped countries have been tapping the International Islamic Trade Finance Corp to pay for their imports of petroleum, says David Fickling for Bloomberg Opinion.
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Trump’s shock Russia deal highlights mounting pressure to curb fuel prices
The US president hopes to ease his party’s pain before next month’s midterm elections, writes the BBC’s North America correspondent.
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South Korea exports eased Russia fuel crisis caused by drone strikes, Ukraine says
LONDON/SEOUL, Oct 6 : Russia imported more than 176,000 tons of petroleum products from South Korean ports in July and August, easing the impact of a fuel crisis caused by Ukrainian drone strikes on Russian oil refineries, Ukraine’s top sanctions official said on Tuesday.The supplies from South Korea made up
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The true cost of Trump’s fuel economy rollbacks
Weakened US fuel-efficiency rules and promises of cheaper cars could yet see drivers pay higher running costs while increasing planet-heating emissions.
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Vietnam extends fuel tax relief measures until end-2026
HANOI, Oct 1 : Vietnam is extending a package of fuel-tax relief measures to the end of 2026, after having introduced them earlier this year to help stabilise the domestic market amid supply concerns due to war in the Middle East.• Extending the package would help ensure energy security, stabilise the econo
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Aliko Dangote, Ethiopia and Djibouti to build $600m fuel pipeline
The pipeline would strengthen energy security in landlocked Ethiopia, while creating jobs at Djibouti’s port.
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Syria’s economy is growing again. But critics say it’s the rich who’ll benefit most from current plans.
The Syrian government says it is restructuring the economy and announces prosperity. But ordinary Syrians are not feeling it. In fact, they say their lives are getting worse. Who exactly is likely to benefit then?
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Oil & gas
The wars in Iran and Ukraine have triggered a global energy supply and refining crisis, sending prices of diesel, petrol and gas soaring.
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Bangladesh raises fuel prices as Middle East conflict drives up costs
DHAKA, Sept 21 : Bangladesh has raised fuel prices by up to 17.4 per cent, piling fresh pressure on consumers and businesses, as the government moved to stem mounting losses from surging global oil prices and higher shipping costs linked to the Middle East conflict.The new rates, effective from Monday, are ex
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