Oil shock and the import trap
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Oil shock and the import trap
KARACHI: The conflict in the Middle East has once again created a wave of uncertainty amid increasing volatility in oil prices. Although the conflict is external, the implications for the domestic economy are significant. At the time of writing, Brent and West Texas Intermediate (WTI) crude oil pri»»»
Stopping exports is ‘last resort’: Malaysia Deputy PM
PETALING JAYA - Halting general petroleum exports will be the last resort of the government if the ongoing Middle East conflict worsens in Malaysia, says its Deputy Prime Minister Fadillah Yusof. Mr Fadillah said this was because PETRONAS has existing commitments. “Stopping exports will be the last»»»
Stopping exports is ‘last resort’
Govt preparing for all possible outcomes of Middle East conflict, says DPM PETALING JAYA: Halting general petroleum exports will be the last resort of the government if the ongoing Middle East conflict worsens, says Datuk Seri Fadillah Yusof. The Deputy Prime Minister said this was because PETRONAS»»»
"Crisis for common people of our country": Shashi Tharoor urges govt to act on LPG constraints
Thiruvananthapuram (Kerala) [India], March 14 (ANI): Congress MP Shashi Tharoor on Saturday described the LPG constraints across the country as a serious crisis affecting households and the restaurant industry.He urged the government to acknowledge the problem, boost gas supplies, and take a leadin»»»
What are the consequences of war in the Middle East for African countries?
As oil prices soared to more than $100 a barrel this week, what will the economic consequences of the war in the Middle East be for African countries? Which sectors are most at risk? RFI spoke to Guinea-Bissau economist Carlos Lopes, former executive secretary of the United Nations Economic Co»»»
Rising Petrol Prices Global, Not Peculiar To Nigeria, Tinubu’s Aide Knocks Obi Over Critique
Dada Olusegun, Special Assistant to President Bola Tinubu on Social Media, has rebuked Peter Obi over his comments on Nigeria’s rising petrol prices. Olusegun made the remarks in a post on X on Saturday, responding to a statement by Obi published on ... »»»
No shortage yet, but Iran war puts Mumbai’s gas supply on edge
Mumbai: Even as the war in West Asia has severely disrupted liquefied petroleum gas (LPG) supplies in the city, the coming week will be crucial in determining whether the supply of compressed natural gas (CNG) for vehicles and piped natural gas (PNG) to households will also be impacted. Auto-ricksh»»»
Dangote: Tinubu presidency keeps mum as fuel price hits N1,400 per liter
Nigerians are in serious trouble as the premium motor spirit price rose to N1,400 per liter and Automotive Gas Oil (diesel) to N1,750 after Dangote Refinery hiked its gantry fuel price to N1,175 pe ... »»»
Fuel Stocks Shock: Pakistan Shuts Schools for Two Weeks? Shehbaz Sharif Orders 50% Fuel Cuts, 4-Day Workweeks to Survive Iran War Oil Crisis
0 Pakistan’s Prime Minister Shehbaz Sharif ordered a two-week school shutdown and sweeping government austerity Monday, slashing fuel allowances by 50% and pulling 60% of official vehicles off roads to combat skyrocketing oil prices from the Iran war’s Strait of Hormuz blockade. With petrol leaping»»»
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