Tag:

Energy Prices

Japan sees inflation uptick driven by energy prices

Japan’s core consumer prices in March rose 1.8 percent from a year earlier, driven by higher energy costs following surges in crude oil prices amid the Middle East conflict, government data showed on Friday.

24 Apr 2026-10:50
Singapore inflation rises on higher fuel and retail prices

Singapore’s consumer inflation accelerated in March, driven mainly by higher transport and retail prices amid an energy shock linked to tensions in the Middle East, according to a statement from Statistics Singapore on Thursday.

23 Apr 2026-11:52
Businesses in Singapore face mounting cost pressures

Nearly all businesses in Singapore are grappling with higher operating costs due to rising energy prices, with more than half also reporting increasing manpower expenses, according to a snap poll released Monday by the Singapore National Employers Federation.

21 Apr 2026-09:41
Renewable energy boom seen pushing copper, silver prices higher

Rising global demand for renewable energy is expected to drive up prices of key industrial metals such as copper and silver, as countries accelerate the shift away from fossil fuels amid geopolitical tensions.

17 Apr 2026-16:30
Iranian speaker says Americans will be ‘nostalgic’ for cheap gasoline

Iran’s Parliament Speaker Mohammad Baqer Qalibaf has warned Americans to “enjoy” current fuel prices, saying they will soon be “nostalgic” for $4–$5 per gallon petrol if the United States proceeds with plans for a naval blockade of Iranian ports.

13 Apr 2026-09:53
High oil prices: pros and cons for Azerbaijan

Rising oil prices are traditionally seen as an unequivocal benefit for hydrocarbon-exporting countries. For Azerbaijan, whose economy largely depends on the energy sector, this factor indeed plays a key role. However, in modern conditions, the impact of oil prices on the country’s economy is far more complex and multifaceted than it may appear at first glance.

08 Apr 2026-09:30
India hikes jet fuel prices amid global surge

India on Wednesday announced plans to raise the price of jet fuel following a surge in global crude prices triggered by the U.S.-Israeli strike on Iran, officials said.

01 Apr 2026-16:50
US gas prices reach $4 per gallon for first time since 2022

Average gas prices in the United States surpassed $4 per gallon on Tuesday, the highest level since 2022, according to AAA.

31 Mar 2026-13:55
IEA ready to release more oil reserves amid global price surge

Fatih Birol, head of the International Energy Agency (IEA), said he is prepared to release additional oil reserves as energy prices soar worldwide.

25 Mar 2026-11:56
Oil back above $100 as conflicting claims emerge on US-Iran talks

The price of Brent crude oil has risen back above $100 a barrel, after plunging on Monday, as conflicting accounts of potential talks between US and Iran emerged.

24 Mar 2026-12:03