South Korea imposes a fuel price cap for the first time in 30 years due to the surge in oil prices
The rise in oil prices, due to the crisis in the Middle East, is pushing South Korea to take emergency measures
Oil market hikes at $120 a barrel: G7 finance ministers hold an emergency meeting
Crude oil at its highest levels since 2020 - G7 countries consider coordinated release of strategic oil stocks in cooperation with the IEA in an effort to stabilise energy markets
Strait of Hormuz: How China, India and Russia are shaping the new energy equation and oil prices
The conflict in the Persian Gulf is bringing the role of Russia into the spotlight as an alternative energy supplier for Asia’s energy-dependent economies. According to JMIC, the Strait of Hormuz is now almost closed to shipping
