A vessel carrying more than 700,000 barrels of Russian crude oil has reached the Philippines, arriving at a moment when the country is facing a serious energy challenge. The shipment comes just days after the government declared a national energy emergency, triggered by instability in global oil supply linked to conflict in the Middle East. […]
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Germany has indicated that it is prepared to play a supportive role in maintaining stability if a peace agreement is reached between the United States and Iran. German Defence Minister Boris Pistorius made the remarks during a meeting with Australian Defence Minister Richard Marles, highlighting Berlin’s willingness to contribute to security efforts should diplomatic progress […]
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The United Kingdom has taken a stronger stance against vessels linked to Russia’s so-called shadow fleet, announcing that its forces now have the authority to board and seize sanctioned ships moving through British waters. The decision marks a significant escalation in the country’s efforts to pressure Russia and restrict activities believed to support the ongoing […]
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Tensions in the Middle East are intensifying as Iran has issued a strong warning that global shipping routes could face major disruption if the United States initiates a ground invasion on Iranian territory or its strategic islands. According to statements attributed to an unnamed Iranian military official speaking to local media, Tehran could respond by […]
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Countries across Asia are dusting off strategies from the Covid-19 era, including work-from-home policies and targeted stimulus measures, as they face rising fuel shortages triggered by the ongoing Iran war. Asia is particularly vulnerable, buying more than 80 percent of the crude that passes through the Strait of Hormuz—a critical shipping lane that has been […]
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