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Philippines allows temporary use of dirtier fuel amid Middle East crisis
MANILA, March 22 - The Philippines has allowed the temporary and limited use of a cheaper but dirtier type of fuel to ensure supply as it finds ways to cope with the impact of the Middle East crisis. The Department of Energy (DOE) said only vehicles from model year 2015 and earlier, traditional jeep...Reuters
25 minutes ago
CORRECTED-WRAPUP 4-Trump, Iran threaten power, energy targets as war escalates
Trump vows to 'obliterate' Iran energy facilities if it doesn't open Strait of HormuzThreat risks 'Black Monday' on global markets, warns analystIran fires long-range missiles, targets US-UK baseTehran says strait open to all but 'enemies'Iran's missile range includes...Reuters
36 minutes ago
China's Sinopec posts 36.8% drop in 2025 net profit on weak petrochemical margins, new energy substitution
By Sam Li and Lewis JacksonBEIJING, March 22 (Reuters) - China Petroleum & Chemical Corp 0386.HK, known as Sinopec, reported a 36.8% decline in 2025 net profit on Sunday, citing rising substitution by new energy sources, and weak petrochemical margins, according to the company's filing.The w...Reuters
53 minutes ago
REFILE-Japan could consider Hormuz minesweeping if ceasefire reached, minister says
TOKYO, March 22 (Reuters) - Japan could consider deploying its military for minesweeping in the Strait of Hormuz, a vital artery for global oil supplies, if a ceasefire is reached in the U.S.-Israeli war on Iran, Foreign Minister Toshimitsu Motegi said on Sunday. "If there were to be a complete ...Reuters
an hour ago
Russia says it downed Ukrainian drones near Bashkortostan refineries
MOSCOW, March 22 (Reuters) - Russian air defences thwarted a Ukrainian drone attack on the city of Ufa in Bashkortostan region, regional governor Radiy Khabirov said.Ukrainian drones were shot down near the city's oil refineries, Khabirov said, without naming the facilities.Debris triggered a br...Reuters
2 hours ago
Six killed in Qatar helicopter crash due to technical malfunction, ministry says
CAIRO, March 22 (Reuters) - Six people were killed in a helicopter crash in Qatar's territorial waters while operations continue to find the last missing person, the interior ministry said on Sunday.The defence ministry earlier said the helicopter had crashed after suffering a technical malfunct...Reuters
2 hours ago
Australia fuel supply strong, no plans to ration, energy minister says
SYDNEY, March 22 (Reuters) - Australia's fuel supply remains strong and there are no immediate plans to ration fuel to manage the impact of the Iran war on the nation's supply chain, Energy Minister Chris Bowen said on Sunday.Australia, which imports about 90% of its fuel, has experienced lo...Reuters
10 hours ago
Cuban power grid collapses for second time in a week amid US oil blockade
By Daniel Trotta HAVANA, March 21 (Reuters) - Cuba's national electric grid collapsed on Saturday for the second time in a week amid the U.S.-imposed oil blockade, officials announced, as the communist government struggles to keep the lights on for its 10 million people with decrepit infrastr...Reuters
10 hours ago
WRAPUP 7-Iran attacks near Israeli nuclear site, fires long-range missiles for first time
Iran fires long-range missiles for first time in warIran strikes southern Israel, near nuclear reactorIran may let Japanese vessels through strait, Kyodo reportsOil prices up 50% due to war, hobbling global economyFor more charts and maps click here https://www.reuters.com/graphics/IRAN-CRISIS/MAPS/...Reuters
11 hours ago
Cuba's electric grid collapses, national electric union says
March 21 (Reuters) - Cuba's national electric grid collapsed on Saturday, the country's grid operator said, leaving around 10 million people without power amid a U.S.-imposed oil blockade that has crippled the island's already obsolete generation system.The power failure was the second ...Reuters
11 hours ago
Ukraine says Russian attacks kill four people, leave thousands without power
KYIV, March 21 (Reuters) - Russian attacks killed four people in southeastern Ukraine and left much of the northern region of Chernihiv without power on Saturday, officials said.Zaporizhzhia Governor Ivan Fedorov said the morning attack on the city killed a man and a woman, and injured six others, i...Reuters
12 hours ago
Elon Musk offers to pay TSA salaries amid budget battle, airport lineups
WASHINGTON, March 21 (Reuters) - Billionaire entrepreneur Elon Musk, the world’s richest person, said on Saturday he would cover the paychecks of U.S. Transportation Security Administration officers during their second unpaid work stoppage in six months amid a protracted federal funding lapse.The bu...Reuters
19 hours ago
Iranian gas to Iraq resumes after South Pars attack, Iraqi state news agency says
March 21 (Reuters) - Iranian gas supplies to Iraq have resumed at a rate of five million cubic metres per day, the Iraqi electricity ministry said on Saturday, according to the state news agency.Flows had been halted after Israel attacked Iran's main gas field, South Pars, on Wednesday.The curre...Reuters
21 hours ago
India confident of meeting summer power demand despite Middle East gas shock
By Sethuraman N R NEW DELHI, March 21 (Reuters) - India does not expect the Middle East crisis to affect its ability to meet soaring power demand this summer, as the country has lined up coal and renewable capacity to make up for any gas supply issues, a senior government official said on Saturda...Reuters
22 hours ago
Iranian gas to Iraq resumes after South Pars attack, Iraqi state news agency says
March 21 (Reuters) - Iranian gas supplies to Iraq have resumed at a rate of five million cubic metres per day, the Iraqi electricity ministry said on Saturday, according to the state news agency.Flows had been halted after Israel attacked Iran's main gas field, South Pars, on Wednesday.Reuters
22 hours ago
Airports rush to feed unpaid TSA workers as belts tighten
TSA workers face financial strain due to funding freezeAirports and unions provide food and support to TSA staffJob shortages and absences expected as TSA workers struggleBy Doyinsola Oladipo and David Shepardson WASHINGTON, March 21 (Reuters) - As government funding for the U.S. Department of Ho...Reuters
23 hours ago
Iran informs IAEA of attack on Natanz nuclear site, watchdog says
March 21 (Reuters) - Iran has informed the International Atomic Energy Agency that the Natanz nuclear enrichment site was attacked on Saturday, the agency said in a post on X. No increase in off-site radiation levels was reported, the United Nations nuclear watchdog said, adding that it is looki...Reuters
23 hours ago
Iran war's energy impact forces world to pay up, cut consumption
Strait of Hormuz closure hits 20% of global oil, LNG supplyWorld facing rising prices, prospect of reduced consumptionImpacts could threaten global food security, UN economist warnsBy Alex Lawler and Arathy Somasekhar March 21 - The war in the Middle East has triggered a nightmare scenario for th...Reuters
Sat, Mar 21
EU urges members to cut gas-storage targets due to Iran war, FT reports
March 21 (Reuters) - The EU has urged member states to lower natural-gas storage targets and start refilling reserves gradually to curb demand, as energy prices spike during the U.S.-Israeli war on Iran, the Financial Times reported on Saturday.Energy Commissioner Dan Jorgensen instructed member sta...Reuters
Sat, Mar 21
