Australia's Fuel Crisis Deepens as Hundreds of Stations Run Dry
410 stations without diesel, 145 without unleaded — Australia's fuel emergency outlasted Easter and the government is now considering price caps on gas and coal.
Dara Osei
Bureau: London
Philippines Declares Energy Emergency as Hormuz Cuts Oil Supply
Marcos declared a national energy emergency as the Philippines, which imports 98% of its oil from the Gulf, faces critically low fuel reserves.
Thailand Becomes First Southeast Asian Nation to Sail Hormuz
Thailand secured an agreement with Iran allowing its oil tankers safe passage through the Strait of Hormuz, the first Southeast Asian nation to do so.
Australia Considers Windfall Tax on Gas Exports Amid Iran War Supply Fears
Energy Minister Chris Bowen says a windfall tax on gas exports is on the table if the Iran conflict drives energy costs higher.