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Opinion 2 months ago
PREMIUM
Analysis: Oil shock accelerates EV push as RI rethinks national car ambitions
Surging global oil prices and tightening domestic fuel supplies have thrust Indonesia’s long-running electrification agenda back into the spotlight. Policymakers are increasingly portraying the shift, especially in the motorcycle sector, as the most practical and immediate way to curb fuel consumption. As part of this, the government is raising targets for its electric motorcycle conversion program, aiming to gradually electrify more than 120 million gasoline-powered motorcycles nationwide.
Academia 2 months ago
A riskier Middle East will drive Big Oil toward new frontiers
The reputational damage to the Middle East due to the Iran war may spur oil majors and the industry as a whole to realign their investment focus, though a shift to potentially higher-risk regions will lead to an inevitable rise in energy prices.
Academia 2 months ago
PREMIUM
Iran’s oil windfall amid war exposes a broken energy order
While conflict is designed to weaken adversaries, the current crisis has inadvertently turned Iran into a primary beneficiary of a broken energy order. As global prices soar and supply chains fracture, the resulting economic shock waves are no longer just a Middle Eastern concern: They are hitting every household and industry across ASEAN.
Americas 2 months ago
Russian tanker nears Cuba with much-needed oil as Trump softens tone
A Russian tanker full of crude oil has entered Cuban waters and was expected to reach port on Monday, possibly granting a lifeline to Cuba as US President Donald Trump appeared to relax a de facto oil blockade on the Caribbean island.
Middle East and Africa 2 months ago
Trump threatens Iran with power plant strikes over Hormuz oil blockade
US President Donald Trump on Saturday threatened to "obliterate" Iran's power plants if Tehran does not fully reopen the Strait of Hormuz within 48 hours, a dramatic escalation barely a day after he talked about "winding down" the war.
