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AsianOil’s coverage ranges from established oil and gas producers such as Australia, Indonesia, Malaysia, Thailand and Vietnam to the region’s major refining hubs of India, Singapore, South Korea and Japan and countries in between.
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Read a recent issue cover to cover (click the image below)
Singapore rejects Strait of Hormuz safe passage toll fee
Foreign Affairs Minister Vivian Balakrishnan has declared that Singapore will not negotiate with Iran for safe passage or pay tolls for transit through the Strait of Hormuz, framing the move as a non-negotiable defence of international law.
South Korea sees 0.5% fuel hike from Hormuz fees
South Korean authorities anticipate that even if Tehran introduces a navigation tax for the Strait of Hormuz, the subsequent rise in local petrol costs would be restricted to approximately 0.5%, with a maximum possible increase of 1%.
Fuel price drop supports Thailand households and businesses
Thailand will reduce diesel prices by THB2.14 ($0.06) per litre from April 9, marking an unprecedented cut aimed at easing living costs.
Japan weighs further oil release
Resource-poor Japan depends on imports for almost all of its crude oil, with more than 90% sourced from the Middle East.
Russia emerges as 'strategic energy partner' for Global South thanks to Iran
Russian oil hit a 13-year high before the ceasefire as Moscow pivots to "strategic energy partner" for the Global South. Kremlin says it is fielding "an enormous number" of requests for energy supplies as trade flows shift.
Indonesian construction company WIKA Beton signs MoU for Alaska LNG project
PT Wijaya Karya Beton Tbk (WTON) is making a high-stakes leap into the North American energy corridor, confirming it has signed a Memorandum of Understanding (MoU) for a massive LNG infrastructure project in Alaska
Seoul cuts fuel bills by ending post-payment system
South Korea has abolished a controversial post-payment system for gas stations that has been blamed for driving up consumer fuel costs, the Korea Fair Trade Commission (KFTC) announced on April 9.
India welcomes West Asia ceasefire
Manila to secure fuel supplies during Middle East ceasefire
Philippine President Ferdinand Marcos Jr. intends to capitalise on a two-week cessation of hostilities in the Middle East to increase the nation's petroleum reserves, the president told Presidential Communications Undersecretary Claire Castro.
Bangladesh seeks more fuel from India as ties show signs of thaw
Bangladesh has sought to increase fuel imports from India during a high-level visit to New Delhi, signalling a possible easing of strained bilateral ties.
Windfall tax delay exposes Indonesia’s challenge in capturing commodity gains
Indonesia recently announced that it had delayed the rollout of its windfall tax proposal on coal and nickel exports. The country noted that the complexity of balancing fiscal needs with industrial policy is behind the delay
Vietnam fuel prices ease after global oil dip
Fuel prices in Vietnam fell on the afternoon of April 8, tracking a decline in global markets following a ceasefire in the Middle East.
Laos promotes electric vehicles while controlling essential goods
Laos has set out five key priorities to ease economic pressures on households and businesses, focusing on fuel, electric vehicles, prices, trade, and mining regulation.
Thai PM silent on refinery, fuel investigation
On April 7, Prime Minister Anutin Charnvirakul declined to comment on several matters, including refinery operations and an ongoing fuel probe. When asked about the two-week ceasefire between the United States and Iran, he responded only with a nod
Fuel crisis deepens Myanmar food security fears
Myanmar’s fragile economy is under growing strain as fuel and fertiliser shortages threaten food production at a critical time.
Korea secures additional 60mn barrels to bypass Hormuz closure
South Korea has arranged for an extra 60mn barrels of oil from alternative global suppliers for May 2026. The procurement replaces Middle Eastern shipments blocked by the ongoing closure of the Strait of Hormuz.
Sri Lanka unveils $320mn relief plan to cushion vulnerable groups from energy shock
Sri Lanka, on April 7, rolled out a record $320mn relief package aimed at supporting farmers, fishermen and low-income households most affected by rising energy costs linked to the Middle East conflict.
South Korea hunts stable oil supply in Oman, Kazakhstan
South Korean presidential chief of staff Kang Hoon-sik departs for Kazakhstan, Oman and Saudi Arabia as a special envoy to bolster energy supplies.
Thailand weighs emergency law to curb fuel costs
Thailand’s new government is considering invoking emergency powers to rein in high fuel costs if negotiations with oil refiners fail.
Vietnam targets 90-day fuel reserves amid risks
Rising tensions in the Middle East have disrupted global oil flows, pushing Vietnam to reassess how it can secure sufficient fuel reserves despite limited public finances.
Thai Airlines suspends routes amid rising fuel prices
Thai Lion Air, Nok Air and Thai AirAsia have suspended some domestic and international routes, citing rising operating costs linked to escalating tensions in the Middle East.
Can pipelines make a comeback?
The shock to LNG supply is forcing buyers to confront both physical disruption and rising dependence on the US, which could revive interest in long-stalled pipeline projects.
Southeast Asia’s energy squeeze
The war in Iran has delivered a systemic shock to global energy markets, but few regions have felt the strain as acutely, or quite as quickly, as Southeast Asia.
Sri Lanka hikes LPG prices sharply amid global energy surge
Sri Lanka, on April 6, increased liquefied petroleum gas (LPG) prices by nearly a quarter, citing rising global energy costs linked to the ongoing Iran conflict.

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