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Swiss court upholds Naftogaz's $1.3bn claim against Gazprom
Dispute stemmed from a 2019 agreement between Gazprom and Naftogaz governing the transit of Russian natural gas through Ukraine.
IEA releases details of historic oil reserves release member shares
The International Energy Agency released details of the contribution by members to the “largest release of oil reserves in history” that it announced on March 11 to calm the oil market and bring down prices.
Why Europe's gas price cap plan will backfire
Brussels is again considering a cap on gas prices to shield consumers from soaring energy costs, but the policy risks weakening Europe’s ability to attract LNG cargoes just as the bloc faces a difficult storage refill ahead of next winter.
Japan weighs options to protect vessels in Strait of Hormuz
Speaking during a session of the House of Councillors Budget Committee, Takaichi addressed calls from Donald Trump for other countries, including Japan, to dispatch warships to the Strait of Hormuz to safeguard oil shipments.
Climate group files complaint against OCBC over coal exposure in Indonesia
Under the complaint, OCBC is said to have failed to disclose its exposure to high-carbon assets fully. This put them in a position of potentially breaching disclosure rules set by the Singapore Exchange.
Tehran denies role in strikes on Saudi Arabian energy assets
Iran has formally distanced itself from a recent spate of attacks on Saudi Arabia’s critical oil infrastructure
COMMENT: whoever wins control of the Straits of Hormuz will control half of China's oil flow
A battle is looming for control of the Strait of Hormuz, one of the most strategically important waterways in the world. Whoever controls the narrow passage between Iran and Oman effectively holds a lever over a large share of global energy flows.
Venture Global’s Plaquemines LNG plant in Louisiana gets approval to raise exports
Venture Global’s Plaquemines LNG has been granted authorization by US Secretary of Energy Chris Wright to increase exports by 13%.
Middle East conflict spurs LNG Canada to increase exports
Shell-operated LNG has stepped up production and cargoes exports as buyers in Asia scramble for supply in the midst of the conflict in the Middle East.
Oil price surge offers Algeria temporary fiscal relief
Rising global oil prices triggered by escalating tensions and the US-Israeli strikes on Iran may provide the cash-strapped Algeria with short-term financial relief
Egypt’s EGAS plans new gas bid round and 17 exploration wells in FY 2026/27
Egyptian Natural Gas Holding Company will launch a new international bid round for gas exploration in 2026 in several blocks in the western Mediterranean, while preparing to drill 17 exploratory wells during FY 2026/27
Egypt's South Valley Petroleum plans to drill five exploration wells worth $33mn
Egypt’s South Valley Egyptian Petroleum Holding Company (Ganope) plans to drill five exploration wells at an estimated cost of $33mn
Asia and Europe to battle over dwindling LNG cargoes
Asian and European energy buyers are competing to secure increasingly scarce LNG cargoes after conflict in the Middle East disrupted shipments through the Strait of Hormuz, the Financial Times reported on March 12.
Russia’s nuclear exports a flourishing geopolitical asset, after four years of Ukraine war
Four years after the invasion of Ukraine triggered sweeping Western sanctions, Russia has managed to preserve one of its most important channels of global influence: civil nuclear exports.
Pattern of tanker missile strikes spread beyond chokepoints as maritime threat reaches ‘critical’ level
Attacks on commercial vessels across the Persian Gulf and surrounding waters are intensifying and spreading beyond the traditional shipping lane chokepoint in the Straits of Hormuz, maritime security officials warned.
IEA calls Middle East oil shock "the largest supply disruption in the history of the global oil market"
The war in the Middle East is triggering what the International Energy Agency called "the largest supply disruption in the history of the global oil market” in its latest monthly oil report.
ING: Asia’s outlook under higher oil prices
While inflation risks remain largely manageable at the moment given a low starting point, higher import bills will result in weaker trade balances with some currencies like PHP, THB, INR and KRW more vulnerable.
Iran’s oil sales soar past pre-war levels
Iran’s oil exports have bounced back to surpass pre-war levels, data from analytics firm Kpler show, as regional producers have scaled back production due to difficulties exporting the commodity through the Strait of Hormuz in the Persian Gulf.
Around 70% of India’s crude oil imports now bypass Hormuz
India now sources approximately 70% of its crude oil imports via supply lines that bypass the Strait of Hormuz, significantly cutting the country’s exposure to disruptions resulting from the prevailing tensions in the Middle East.
Nearly 2,000 Cambodian petrol stations shut amid fuel shortages
Nearly 2,000 fuel stations in Cambodia have temporarily closed due to a shortage of petrol and diesel, prompting government action to stabilise supply.
Iran agrees to provide safe passage to Bangladeshi oil and LNG vessels
Iran has officially agreed to grant safe passage to Bangladeshi oil and LNG ships passing through the Strait of Hormuz.
India negotiates with Iran for safe passage of fuel carriers
According to a March 12 2026 press briefing by India's Ministry of External Affairs, minister in charge, Dr. S. Jaishankar, has held three separate conversations with Iran’s Foreign Minister Seyed Abbas Araghchi.
TotalEnergies resumes oil production at Al-Mabrook field in Libya after a decade-long halt
French energy major TotalEnergies has announced the resumption of oil production at the Al-Mabrook field in Libya
Iran warns US against invading Persian Gulf's Kharg Island
Iran’s parliament speaker has issued a stern warning to the United States against attacking Iranian islands in the Persian Gulf, amid speculation about a potential occupation of Kharg Island, which houses the country’s main oil export terminal.
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