Latest news and articles about fuel markets from NEX English
Bangladesh has announced new measures aimed at reducing energy consumption, including cutting working hours and lowering public spending, amid ongoing disruptions in global fuel markets.
Philippine President Ferdinand Marcos Jr. has warned that the grounding of aircraft due to a fuel shortage stemming from the U.S.-Israeli conflict with Iran is becoming a clear possibility. Several countries have informed Philippine airlines that they cannot supply fuel, forcing them to carry fuel on round trips.