energy inflation News
Latest articles and news about energy inflation on AXL Media.
Latest Articles
- Willis Joins Global Coalition Calling for End to Strait of Hormuz Blockade
Published: Apr 16, 2026
Section: Politics
New Zealand Finance Minister Nicola Willis has joined a coalition of 11 international finance ministers in a high-stakes call for the "swift and lasting" restoration of free and sa...
- Hong Kong Gasoline Prices Hit Global Record of $15.60 Per Gallon Amid Ongoing Iranian Energy Crisis
Published: Apr 4, 2026
Section: Asia
Hong Kong has solidified its position as the world's most expensive market for fuel, with prices reaching US$15.60 per gallon following the closure of the Strait of Hormuz. While t...
- Shell Triggers Third Day of Fuel Price Cuts as 95 Octane Petrol Drops Below 2022 Record Highs
Published: Mar 27, 2026
Section: Asia
Shell and other major fuel providers in Singapore have implemented a series of price reductions for 95-octane petrol, bringing costs down to approximately $3.40 per litre. While pe...
- Oil Prices Climb as Investors Reassess Ceasefire Prospects Amid Middle East Conflict
Published: Mar 26, 2026
Section: Global Economy
Global oil benchmarks rose approximately 2% on Thursday, reversing previous losses as hopes for a swift diplomatic resolution to the Iran war dissipated. The market remains on edge...
- Thai Fishing Industry Nears Standstill as Iran War Pushes Fuel Costs to Record Highs
Published: Mar 26, 2026
Section: Companies & Industry
Thailand’s multibillion-dollar fishing sector is approaching a total collapse as the escalating conflict in the Middle East drives diesel prices beyond sustainable levels. Industry...
- Asia Revives Pandemic Playbook to Mitigate Crippling Global Fuel Supply Shock
Published: Mar 25, 2026
Section: Global Economy
Governments across Asia are reinstating remote work policies and emergency stimulus measures as a total blockade of the Strait of Hormuz triggers a systemic energy crisis. With ove...
- China Prepared to Maintain Interest Rate Hold Amid Global Energy Volatility
Published: Mar 19, 2026
Section: Banking & Finance
China is widely expected to keep its benchmark lending rates unchanged for the 10th consecutive month on Friday. Market participants surveyed by Reuters pointed to the 50% surge in...