July 22, 2026
Peak oil supply losses exceed 14 million barrels a day, the IEA says
This is part of the Japanese government's $10 billion emergency aid pledge for Asian countries
The panel also calls for diversified imports and tighter digital monitoring amid West Asia conflict
Experts blame weak data and investment barriers for offshore setbacks
Attempts to isolate rivals lift Russia and Iran’s revenues, with US allies now indirectly funding them
After 27,000 tonnes of diesel reached the port from Singapore on Friday, another 34,000 tonnes of refined fuel sails in from Malaysia
Rising fuel prices drive companies to seek alternatives as energy security concerns grow
Analysts warn Tehran may retain leverage over energy flows while Gulf states bear fallout