Asian equity markets plunged again Wednesday while oil extended gains as the United States and Israel pressed on with their ...
By Heejin Kim and Nidhi Verma SEOUL/NEW DELHI, March 1 (Reuters) - Asian governments and refiners rushed to assess oil ...
Asian stocks fell for a third straight day as investors grappled with mounting uncertainty over the duration of the Middle East conflict and inflationary pressures, damping appetite for risk.
Asian stocks declined on Tuesday due to ongoing tensions between the U. S., Israel, and Iran. Airline and tourism stocks fell ...
Heavy dependence on Middle Eastern oil leaves Asia vulnerable to sustained supply shocks. While inflation risks remain largely manageable at the moment given a low starting point, higher import bills ...
A report highlights the negative implications of sustained oil price hikes on Asian stock markets and economies, with ...
Mainland Chinese, Hong Kong, Singapore, Taiwan and South Korea markets were closed on Tuesday for Lunar New Year holidays.
Asia is on track to import a record 28.51 million barrels per day of crude in February, driven by surging Chinese and Indian demand and diverging sourcing strategies.
Countries in Asia rely heavily on Middle Eastern oil exports, notably China, which imports 57% of the oil it needs from the region.
The cost of hiring a supertanker from the Middle East to China exceeded $200,000 a day on Thursday for the first time since ...
Asia's crude oil imports in August averaged 27.18 million barrels per day, a rebound from a year-low in July and higher than August last year. The rebound was likely influenced by low oil prices in ...
The conflict in the Middle East has rattled energy markets and driven up prices for crude and gas. Read more at straitstimes.com. Read more at straitstimes.com.
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