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Energy

Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
Illustration: Craig Stephens
North Korea

Opinion | After years of neglect, China emerges as North Korea’s ‘top priority’

In a world of shrinking options and rising risks, Pyongyang recognises its alliance with Beijing is too important to ignore.

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US, Israel war on Iran

US cites optimism over a deal even as Iran threatens to close Red Sea shipping

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Electric & new energy vehicles

China’s EV battery giant CATL to set up mining arm to secure supply chain

China energy security

US officials claim China is ‘hoarding’ oil. What does the data say?

While US Treasury Secretary Scott Bessent said China is stockpiling crude amid the Iran war, the numbers suggest Beijing is facing a supply crunch.

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A woman walks past a giant billboard reading “The Strait of Hormuz remains closed” at Revolution Square in Tehran, Iran. Photo: TNS
Indonesia

Prabowo’s overseas trips draw scrutiny as Indonesia urges fuel restraint

Since his inauguration in October 2024, Prabowo has gone on 51 official visits, travelling to 28 countries and chalking up 99 days overseas.

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Japan

Japan to provide US$10 billion support to help Asia secure oil

Prime Minister Sanae Takaichi says the support will be equivalent to as much as 1.2 billion ⁠barrels of oil.

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India

How India’s nuclear breakthrough could end reliance on energy imports

Success at the Kalpakkam prototype fast breeder reactor will allow India to generate energy using its abundant thorium reserves.

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Fishermen pull their boats to the shore near the Kalpakkam atomic power station in Tamil Nadu. Photo: AP
US, Israel war on Iran

Hormuz blockade: shipping body slams transit fees as 20,000 seafarers stranded

A ‘retrograde’ toll proposal by Tehran risks similar charges in other vital waterways, warns global association for merchant shipowners and operators.

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China energy security

Which countries are most vulnerable as US imposes Persian Gulf blockade?

Nomura says more than 90 per cent of the crude oil imported by Japan and the Philippines comes from the Middle East.

Donald Trump

‘I’m shocked by her’: Trump turns on Italy’s Meloni in clash over pope

US president accuses European ally of lacking ‘courage’ after she denounced his attacks on the pope and refused to join the Iran war effort.

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Italian Prime Minister Giorgia Meloni and US President Donald Trump in 2025. Photo: AFP
China-Middle East relations

Xi’s meeting with Abu Dhabi crown prince highlights Gulf turn towards China

Analysts said the trip was a sign that the UAE was seeking ‘more reliable partners’ in the wake of the US-Israeli war on Iran.

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China’s President Xi Jinping welcomes Sheikh Khaled bin Mohamed bin Zayed Al Nahyan to Beijing on Tuesday. Photo: Reuters
Malaysia

Malaysians urged to tighten their belts as Iran war fallout starts to bite

Economy Minister Akmal Nasrullah Mohd Nasir warns the effects of the crisis can last until next year, with oil prices expected to remain high.

US, Israel war on Iran

Asia’s energy supply at breaking point as US blockades Hormuz

Nearly 90 per cent of the region’s crude oil is now at risk as stalled peace talks and a naval stand-off raise the spectre of stagflation.

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US, Israel war on Iran

UN warns 8 million in Asia-Pacific risk poverty if Iran war drags on

A new UNDP report has forecast job losses, crippling inflation and food insecurity, with the poorest nations brutally exposed to the oil shock.

A farmer sprinkles fertiliser on crops in a field on the outskirts of Amritsar, India, on April 9. Experts have warned that the fertiliser crunch across Asia-Pacific may have lasting effects. Photo: AFP
China energy security

China turns to central Asia as US blockade in Hormuz chokes global energy flows

Chinese vice-premier to visit major gas field in Turkmenistan as Beijing aims to shore up energy security and diversify away from volatile maritime routes.

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In this 2013 image, President Xi Jinping stands alongside a model of the purification plant in Turkmenistan’s Galkynysh gas field during an opening ceremony. Photo: Getty Images
Malaysia

Power play: Malaysia races to go green as Iran war squeezes oil supply

To avoid future supply shocks, the government aims to raise renewable generation to 70 per cent of the energy mix by 2050.

Indonesia

Why Indonesia’s Prabowo is in Russia – and what he needs from Putin

The visit aims to secure discounted crude as global prices soar, even as Jakarta holds high-level defence talks with Washington.

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South Korea

What is really behind South Korea’s diplomatic row with Israel?

Lee Jae Myung’s clash was about more than human rights, analysts say – it was about energy security and sending a message to Donald Trump.

South Korean President Lee Jae Myung attends a National Economic Advisory Council meeting in Seoul on Thursday. Photo: Yonhap/EPA
Malaysia

Malaysia’s Anwar douses row over diesel supplied to Philippines

The prime minister denied Petronas involvement, saying Malaysia was a transit point for foreign deals.

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China trade

China’s imports surge in March as exports soften amid Hormuz blockade

Export figures fall short of predictions, rising by 2.5 per cent, while imports grow by 27.8 per cent as conflict in Middle East causes global disruption.

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Asia travel

Lack of fuel reserves forces Southeast Asian flight cuts amid Hormuz crisis

Airlines are cutting flights, as dependence on Middle Eastern fuel hits operators from Pakistan to New Zealand.

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A Vietjet Airline airplane in front of a Vietnam Airlines airplane, at Noi Bai International Airport, in Hanoi, Vietnam, on May 28, 2025. Photo: Reuters
Malaysia

Malaysian bust spotlights shadow fleet oil trade in Southeast Asia

Two tankers were intercepted in waters off Penang on Saturday during an alleged illegal transfer of more than 700,000 litres of diesel.

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The Penang Malaysian Maritime Enforcement Agency intercepted an alleged illegal transfer of more than 700,000 litres of diesel in waters off Bagan Ajam on Saturday. Photo: Facebook / Agensi Penguatkuasaan Maritim Malaysia
Japan

Japan’s Trump tariff deal faces climate backlash over projects’ 20% carbon surge

Campaigners said the three US projects could generate greenhouse gas emissions equal to about 20 per cent of Japan’s annual total.

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US, Israel war on Iran

US begins blockade of Iranian ports amid fragile ceasefire

Trump says Beijing ‘would like to see this ended’ as the US moves to stop vessels transiting to and from Iranian ports.

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2026 Trump-Xi summit

Could Trump’s Hormuz blockade derail China summit with Xi Jinping?

US president’s move forces China into political dilemma and could create a flashpoint ahead of his meeting with Chinese leader, analysts say.

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Chinese President Xi Jinping with US counterpart Donald Trump outside the Great Hall of the People in Beijing in November 2017, during the US president’s first term in office. Photo: Xinhua
US, Israel war on Iran

China says open Hormuz key to global interests as Trump blockade looms

Beijing’s foreign ministry denies that China plans to provide weapons and military tech to Iran.

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US President Donald Trump has said that the “the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuz”. Photo: Nasa Earth Observatory/AFP
Malaysia

In Malaysia, some laud car driver’s arrest over ‘world’s most expensive petrol’

The driver of a Singapore-registered vehicle faces a US$252,600 fine, jail or both if he is found guilty of pumping subsidised RON95 petrol.

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Malaysia

Malaysia faces energy emergency amid Trump’s Hormuz blockade

With six tankers carrying up to 6 million barrels of oil potentially stranded, analysts say Malaysia is on a collision course with crisis.

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