oil
Oil Prices Surge as US–Iran War Threatens Global Energy Supply
After the war in Ukraine, the current developments in Iran are yet another, potentially even starker reminder of the inherent unreliability and vulnerability of global oil and gas supply chains. Asian countries that failed to improve the resilience of their energy systems the first time around are now poised to suffer the greatest economic damage.
China’s Oil Demand Dropped: Experts See Start of a Trend
The drop in the demand for oil-based fuels in China signals that their peak might be getting closer in what could prove a watershed moment not only for the global oil markets, but also for Asian countries that look toward China for inspiration on how to decarbonise their economies.
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