China is raising domestic petrol and diesel prices under temporary measures to manage a sharp surge in global oil costs, aiming to support fuel suppliers while maintaining market stability during a period of heightened volatility.
British Prime Minister Sir Keir Starmer said on Monday (23 March) that Britain must plan for the possibility that the Iran war could continue for some time, and added that he had no "meaningful concerns" about energy supply.
New Zealand will temporarily permit fuel meeting Australian standards to be imported for up to 12 months, the government said on Monday, as it seeks to mitigate supply risks linked to the Middle East conflict and soaring prices.
Cubans are increasingly turning to solar power to keep businesses operating and basic household appliances running during prolonged electricity cuts, as fuel shortages make diesel generators and other temporary solutions more difficult and costly to maintain.
Armenian Prime Minister Nikol Pashinyan has rejected criticism over the import of fuel from Azerbaijan, saying such concerns are “unfounded” and arguing that the move has already benefited consumers by lowering prices.
Armenia has confirmed the shipment of a second batch of petroleum products from Azerbaijan, underscoring expanding economic ties between the two countries following the recent peace process. Yerevan's Ministry of Economy’s spokesperson, Lilit Shaboyan, verified the information.
Petroleum products are being transported by rail from Azerbaijan to Armenia for the first time in decades. The move is hailed as a tangible breakthrough in efforts to normalise relations between the long-time rivals.
UK Prime Minister Keir Starmer has signalled a U-turn on upcoming winter fuel payment cuts by ensuring more pensioners are approved. Figures revealed inflation rose to 3.5% in April.
Fuel vendors in Damascus are thriving in the post-Assad era, providing much-needed gasoline and diesel to Syrians after years of repression under the former regime. The shift has brought newfound freedom and relief from years of repression.
Russia says it will provide Cuba with around 80,000 tonnes of diesel fuel after the island's electric grid collapsed when Hurricane Rafel damaged homes.
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