Business

Asia pivots to coal as Middle East conflict chokes LNG supply
Asian utilities boosting coal-fired power generation to offset skyrocketing LNG prices
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The critical Strait of Hormuz remains largely closed off, raising energy prices and fears of inflation
FT: IMO chief says escorts no guarantee of safe passage through Strait of Hormuz
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EU’s bill for oil and gas imports had increased by 6 billion euros during the Iran conflict
EU plans emergency measures to tackle energy shock from Iran war
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Seeing eye to eye on the Strait of Hormuz
US, South Korea agree Strait of Hormuz key to global economy
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Reroutes and workarounds are adding to the costs
Gulf importers scrambling to secure alternative routes for vital goods
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Iran: There is no safe harbour in this conflict
Iran, not the US, holds the key to reopening global energy markets
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The re-routing means longer transit times and higher fuel costs, driving up transportation fees
Middle East war snarls critical medicine deliveries to Gulf
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Starmer: Companies must not exploit war-fuelled price surge
UK’s Starmer pledges cost-of-living relief as war fuels energy price spike
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Major bunkering hub in flames
Oil loadings resume at UAE's Fujairah after drone attack
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Egypt relies heavily on bread as a dietary staple
Egypt caps unsubsidised bread prices amid inflation concerns
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Ankara said the ship that passed the strait was the Rozana
Turkish-owned ship allowed to pass through Strait of Hormuz
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The UAE’s food supply chains remain fully secure and well-stocked
UAE fines food traders, supermarkets for unjustified price rises
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Russian oil tanker
US issues 30-day sanctions waiver for purchase of Russian oil at sea
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War, whispers and oil
Aramco denies reports of buying Ukrainian drones to guard oilfields
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Stalled in the Strait of Hormuz
Oil prices ‘unlikely’ to hit $200 as war with Iran intensifies
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Rising oil prices could quickly spill over into broader inflation pressures for economies that rely heavily on imported energy
Emerging markets slide on ongoing Iran war
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