Asia boosts coal use as Iran war squeezes global LNG supplies - AP News

Asia boosts coal use as Iran war squeezes global LNG supplies  AP News

UK manufacturers hit by sharpest rise in cost inflation since Black Wednesday in 1992

PMI figure reveals impact on economy of rise in oil prices driven by Iran war Business live – latest updates The UK’s manufacturers have suffered the sharpest one-month acceleration in costs since the aftermath of Black Wednesday in 1992, as conflict in the Middle East has driven up oil prices, new survey evidence shows. The closely watched purchasing managers’ index (PMI) lays bare the impact of the conflict on the UK economy, with growth slowing sharply across manufacturing and services a...

By Heather Stewart

How does the current global oil crisis compare with the 1973 oil embargo?

The 1973 oil embargo removed 4.5 million barrels per day from global supply. Today, that figure stands at 20 million.

UK business growth ‘slowed to a crawl’ due to war in Middle East, survey shows

Businesses blamed the US-Israel war with Iran for souring customer demand, pushing up prices and disrupting their global supply chains.

By Anna Wise

Oil prices rise as Iran denies US talks, supply fears grow

‘Rebuff to India’: Congress slams Centre after reports of Pakistani mediation in US-Iran war

Congress leader Jairam Ramesh said Pakistan which was in a hugely precarious situation, politically, economically and globally, has gotten a fresh lease of life

WFH, vehicle curbs, shorter school weeks: How Asia’s coping with soaring energy prices amid Iran war - The Straits Times

WFH, vehicle curbs, shorter school weeks: How Asia’s coping with soaring energy prices amid Iran war  The Straits Times

Back to black: Facing energy shock amid Middle East turmoil, Asia turns to coal

Asian countries are ramping up the use of polluting coal to tackle energy shortages and price spikes linked to the US-Israeli war on Iran, but the crisis could have an environmental silver lining. While leaning on fossil fuel will raise emissions in the near term, the energy crisis is demonstrating the risks of energy import dependence, and could push policymakers to embrace renewables faster, analysts told AFP. “The ongoing Iran oil and gas crisis shows the importance of having domestic ener...

By none@none.com (AFP)

Santos temporarily shuts Darwin LNG plant as Middle East supply disruptions tighten market

JI chief urges Pakistan to back Iran-US talks, warns against ‘Trump deception’

Hafiz Naeemur Rehman calls for support to negotiations, criticises fuel levy and govt spending policies

By Asif Mehmood