State oil company PDVSA described itself as a

LATAM BLOG: Iran war fuels Venezuela's oil comeback, but democracy lags behind

LatAmOil - Latin America Oil & Gas
By bnl editorial staff 10 March 2026
Caracas stands to gain from surging crude prices triggered by the closure of the Strait of Hormuz, but Washington's control over its oil income means the bonanza may consolidate authoritarian rule rather than rebuild a broken state.

Egypt increases fuel prices by 14-17% amid regional turmoil

AfrOil - Africa Oil & Gas
DMEA - Downstream Middle East & Africa
By bna Cairo bureau 10 March 2026
In response to the intensifying energy crisis gripping the Middle East, the Egyptian government has announced up to 17% increase in the prices of petroleum products and natural gas for vehicles

South Korea backs Philippines nuclear energy revival

AsiaElec - Asia Power
REM - Renewable Energy
By bno - Jakarta Office 10 March 2026
South Korea has taken a formal step towards supporting the Philippines’ return to nuclear energy, with three major institutions signing an agreement to cooperate on future atomic power projects.

COMMENT: Oil at or above $100 per barrel threatens Indonesia’s Eid spending

AsianOil - Asia Oil & Gas
By bno - Jakarta bureau 10 March 2026
Indonesia is heading towards the end of Ramadan, and Eid this year, under a massive cloud of economic stress.
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