Tag: Brent crude
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G7 weighs emergency oil reserve release after war-driven crude surge
G7 finance ministers were set to discuss a possible co-ordinated release of emergency oil reserves with the IEA after war-driven…
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Iran war forces Beijing into high-stakes calculus on Trump summit, oil shock and Taiwan signaling
China condemned the killing of Iran’s supreme leader as oil and shipping risks surge ahead of Trump’s planned Beijing visit.
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BoT warns Middle East conflict could shave up to 0.15pp off Thai growth as oil risks rise
Thailand’s central bank warned that an escalating Middle East conflict could shave up to 0.15 percentage points off GDP if…
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Asian governments cite stockpiles as Hormuz threat lifts oil toward $80
Asian governments are trying to calm markets by pointing to strategic oil and gas buffers as Iran’s Revolutionary Guards declare…