Australian Prime Minister Albanese to visit Brunei and Malaysia to secure fuel supplies

Australian Prime Minister Anthony Albanese is set to visit Brunei and Malaysia this week as part of efforts to strengthen energy security and secure fuel supplies amid ongoing global disruptions. According to his office, the visit will take place from April 14 to 17 and will include meetings with Brunei’s Sultan Hassanal Bolkiah and......

Used electric vehicle sales surge globally as fuel costs rise

Rising fuel prices linked to the Iran conflict are accelerating a global shift toward electric vehicles, with the used EV market emerging as a key beneficiary. Since the الحرب began on February 28, oil prices have climbed about 35 percent, with Brent crude holding near $100 per barrel despite a fragile ceasefire. Higher costs at the......

Super El Niño threat compounds Iran war risks to global food supply

The growing probability of a powerful El Niño event later this year is adding pressure to an already fragile global food system, as conflict in Iran continues to disrupt fertilizer supplies through the Strait of Hormuz. Economists and climate scientists warn that the combination of supply chain disruptions and extreme weather could......

Google rolls out AI-powered Finance platform to over 100 countries

Google has expanded its redesigned Finance platform to more than 100 countries, marking the largest global rollout of the product since its relaunch last year and signaling a broader push to integrate artificial intelligence into consumer financial tools. The update brings full local language support to key markets including Australia, Brazil,......

UK and Australia post record EV sales as Iran conflict drives fuel prices higher

The war in Iran, which broke out in late February, is reshaping car-buying behavior across the world. As fuel prices surge on the back of oil supply disruptions, consumers in the United Kingdom and Australia turned to electric vehicles in record numbers in March 2026, according to recently published industry data. In the United Kingdom, 380,627......

IEA chief says Middle East war will speed up the global shift to clean energy

The worst energy crisis in modern history will ultimately accelerate the worldwide transition to renewables, nuclear power, and electric vehicles, International Energy Agency executive director Fatih Birol said in an interview published Tuesday by French daily Le Figaro. Birol described the current energy shock, triggered by the Middle East......

Global energy crisis deepens as oil supply disruptions intensify

The world is facing an unprecedented energy crisis as disruptions to oil and gas supplies continue to intensify, raising concerns about global economic stability and inflation. According to the head of the International Energy Agency (IEA), the current situation represents one of the most severe energy shocks in modern history. The crisis......

Oil prices ease on ceasefire talks as global energy crisis deepens

The war in Iran has triggered a cascading energy crisis from Southeast Asia to Europe, with governments imposing fuel rationing, grounding aircraft, and shutting institutions as the closure of the Strait of Hormuz chokes off roughly one fifth of the world's oil and gas supply. Goldman Sachs has described the situation as the "worst......

Taiwan secures alternative LNG supply as Hormuz blockade enters second month

Taiwan has received supply guarantees from an unidentified major energy-producing country and secured alternative liquefied natural gas deliveries, while the United Arab Emirates has moved to reassure its population on food and commodity stability, as the Strait of Hormuz blockade enters its second month with no resolution in sight. Taiwan's......

Fuel price surge disrupts Easter and spring travel worldwide

Rising fuel costs driven by the ongoing conflict in the Middle East are reshaping Easter and spring holiday travel across multiple continents, forcing millions of consumers to cancel trips, shorten itineraries, or stay closer to home as the global tourism industry braces for a difficult season. In Australia, a Tourism & Transport Forum......

Tesla posts record sales in South Korea and Australia as oil crisis accelerates EV shift

Tesla recorded record sales in South Korea and strong growth in Australia during March, closing out a first quarter driven by the refreshed Model Y and a global oil crisis that is pushing consumers toward electric vehicles at an accelerating pace. Tesla delivered 11,130 vehicles to South Korean customers in March, a result described as a......

UK, Australia and Germany unveil emergency fuel plans amid Iran crisis

As the American-Israeli military campaign in Iran enters its second month, governments around the world are rolling out emergency measures to shield their citizens from surging fuel and energy prices triggered by the closure of the Strait of Hormuz, a chokepoint that handles roughly 20 percent of global oil supply. British Prime Minister......

Iran war disrupts global sugar trade as Brazil's new cane season shifts toward ethanol

The war in Iran has sent shockwaves through an unexpected corner of global commodity markets: sugar. Since the effective closure of the Strait of Hormuz in early March, world sugar markets have swung from multi-year lows to five-month highs, as the conflict pressures a key refining corridor and drives up the energy costs underpinning production......

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.