Japan, South Korea and Taiwan rely heavily on exports through the Strait of Hormuz. Grouped from 2 articles across 1 sources.
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Asia-Pacific markets rose but pared earlier gains as oil prices rebounded, underscoring lingering uncertainty over the trajectory of the Middle East conflict. Grouped from 11 articles across 7 sources.
Asia-Pacific markets tumbled Monday as investors weighed escalating tensions in the Middle East after the U.S. and Iran threatened to intensify military hostilities.
An attempted attack on a US-UK military base in the Indian Ocean by Iran shows Tehran can launch missiles as far as 4,000km, raising concerns European cities are in reach.
The IEA’s Fatih Birol warned that damage to energy infrastructure across the Middle East would take some time to repair. Grouped from 2 articles across 2 sources.
Government emphasises need to ‘get off the rollercoaster of fossil fuel markets’ in response to Offshore Energies UK The UK government has dismissed a warning from an energy trade body that failing to produce more…
PM Narendra Modi said the Iran war is straining supply chains and trade routes, but stressed India's economic fundamentals remain strong.