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Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
China’s imports of Iranian oil have fallen sharply in recent months, according to the US think tank Middle East Forum, citing data from commodity intelligence firm Kpler. Photo: Reuters
China energy security

How China could benefit as US-Iran talks raise hopes of oil sanctions relief

Beijing’s support is seen as critical to peace negotiations – and analysts believe this could push Washington to relax sanctions on Chinese oil buyers.

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Malaysia

3 killed in Malaysia after lifeboat falls into sea from Petronas floating vessel

Asean

Shock absorber: will Asean’s power grid be up to the task by 2045?

US, Israel war on Iran

Oil falls as US touts progress on Iran deal, reopening Hormuz

Brent prices slide over 5 per cent, even as Trump insists he will not rush into a final accord.

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Oil tankers and cargo ships in the Strait of Hormuz, as seen from Khor Fakkan, United Arab Emirates. Photo: AP
India

For third time in 8 days, India raises diesel and petrol prices

Responsible consumption, public cooperation will help ensure smooth availability for all during ongoing high-demand period, government says.

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China manufacturing

China told the solar industry to cut capacity. Firms built new factories anyway

Beijing has been striving to rein in severe overcapacity in the solar industry. But the sector is still plagued by illegal facilities, an insider says.

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International Monetary Fund (IMF)

27 countries seek access to World Bank funds since Iran war

An analyst says nations prefer the World Bank over the International Monetary Fund for help, due to the IMF’s austerity measures.

A man sits among buildings destroyed in Tehran in a joint attack by Israel and the United States on April 6. Photo: Getty Images
China-Russia relations

Putin left China, with no pipeline deal. Why is the valve still closed?

Though this week’s China-Russia summit featured many agreements, none progressed the long-delayed Power of Siberia 2 natural gas pipeline.

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Canada

PM Carney says Alberta ‘essential’ to Canada, as separatist push advances

Premier Danielle Smith plans to hold a vote that will bring the oil-rich province closer to a referendum on independence.

India

India’s US$9 billion island megaport sharpens China’s ‘Malacca dilemma’

When completed, the Great Nicobar project would allow India to monitor activities near the Strait of Malacca, a key trade corridor for China.

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A coastline at Campbell Bay in Great Nicobar Island. India is planning a US$9 billion megaport, airport and city on the remote island. Photo: AFP
Banking & finance

AIIB launches US$10 billion facility to help nations hit by Iran war fallout

The new facility will help nations deal with urgent energy, food and economic resilience needs, according to the bank.

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The Asian Infrastructure Investment Bank was launched by China in 2016 and is headquartered in Beijing. Photo: Xinhua
Diplomacy

Editorial | Xi-Putin summit is no less important than Xi-Trump talks

China does not see a stabilised relationship with Russia only as leverage against the US but as positive for world stability and peace.

War and conflict

Opinion | Not even a quick end to Iran war can save AI stock bubble now

Rising prices are draining the liquidity from financial markets, including bonds. The AI stock bubble is ripe for bursting.

US, Israel war on Iran

US voices hope for Iran deal as Pakistan mediator seeks breakthrough

With Trump warning of renewed strikes, Pakistan’s army chief is expected in Tehran for ‘talks and consultations’.

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Pedestrians in downtown Tehran walk past a mural depicting a US aircraft carrier under missile attack. Photo: AP
China-Russia relations

China and Russia unite on world order, but Putin departs without concrete gains

Analysts say Beijing’s position in managing three-way ties appears to be strengthened after hosting Donald Trump and Vladimir Putin.

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Most of the deals signed between Russian President Vladimir Putin (left) and Chinese President Xi Jinping on Wednesday are symbolic, according to analysts. Pool photo: Reuters via AP
China energy security

As Chinese supertankers cross Strait of Hormuz, is the crisis starting to ease?

Two Chinese tankers were among group of vessels transiting vital waterway on Wednesday, but was it a one-off or the start of a new trend?

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United States

US jobless claims fall as lay-offs remain low despite economic uncertainty

Despite historically low lay-offs, the labour market appears to be stuck in what economists call a ‘low-hire, low-fire’ state.

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China technology

AI gives China ‘God’s-eye view’ of green sector as data-centre demand booms

Alibaba and Peking University map nation’s extensive green-energy sites – a move that could help stabilise national grid amid surge in computing-power needs.

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Rows of solar panels are seen at a photovoltaic farm in Datong, China. Photo: AP
China-Russia relations

China-Russia joint statement on Xi-Putin summit

The two countries issued a statement following this week’s meeting in Beijing between Chinese President Xi Jinping and Russian President Vladimir Putin.

US, Israel war on Iran

Trump says Iran talks are nearing an end but warns of more strikes

As a fragile ceasefire enters its seventh week, Tehran and Washington remain in indirect talks while tensions roil oil markets.

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Britain

UK relaxes sanctions on Russian oil, leaving Ukrainians ‘very let down’

UK inventories of diesel and jet fuel are set to shrink to their lowest since 2023 this month.

Planes stand on the tarmac at Heathrow Airport Terminal 5 as concerns grow over jet fuel supplies linked to the Iran war. Photo: dpa
European Union

EU picks tungsten, rare earths, gallium for first critical mineral stockpile

The move marks one of the bloc’s most concrete steps to reduce reliance on China for elements vital to defence and tech.

Labourers work at a tungsten mining factory at Zhongshan, China. Photo: Reuters
China-Russia relations

Xi-Putin summit leaves gas pipeline plan in limbo

A presidential summit in Beijing did little to advance plans to build Power of Siberia 2 even as the two leaders reiterated their nations’ strong ties.

China energy security

China turns to Russian oil as Gulf supply drops – but is it too expensive?

Prices are rising as demand for Russian supply spikes amid Middle East instability.

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US, Israel war on Iran

Aluminium supply crunch threatens Asia’s clean energy push amid Iran war

Key Gulf plants have been hit by Iranian missiles, causing a drop in output of the metal used in making solar panels and wind turbines.

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Aluminium prices have surged since the start of the Iran war and is the metal most exposed to the conflict. Photo: Shutterstock
Diplomacy

Editorial | Energy will be high on Xi-Putin summit agenda

Amid Iran war disruptions, Russia wants to lock in deals at higher prices while China wants alternative energy sources.

Russian President Vladimir Putin (left) and Chinese President Xi Jinping greet each other in Tianjin, China, on August 31, 2025. Photo: Kremlin Pool Photo via AP
China energy security

Putin is pushing for a ‘serious’ new energy deal in China. Will he get it?

The Russian leader arrives in China days after Trump in search of an energy deal, with yuan settlements, pricing potentially on the table.

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War and conflict

Opinion | Malacca Strait could be the next hinge point if Asia isn’t careful

Straits like Hormuz and Malacca are pressure points where commerce and power converge. What once defined success now defines vulnerability.

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