Supplement Power, Energy, Oil, Gas

Australia releases fuel reserves as panic buying grips petrol stations

Australia releases fuel reserves as panic buying grips petrol stations

Australia has begun releasing fuel from its reserves after panic buying led to shortages at some petrol stations amid rising global energy tensions.The government approved the move...

 Mar. 17
Oil prices jump in Asia as Strait of Hormuz tensions rattle markets

Oil prices jump in Asia as Strait of Hormuz tensions rattle markets

Oil prices rose sharply in early Asian trading on Tuesday as investors monitored tensions around the Strait of Hormuz, a key global oil shipping route.Brent crude climbed 2.8% to $103.08 per barrel, while US-traded crude increased nearly 3% to $96.25.Traders remain alert for sign...

 Mar. 17

Bangladeshi vessel ‘MV Banglar Joyjatra’ returns from hormuz strait amid missile threat

Bangladeshi vessel ‘MV Banglar Joyjatra’ returns from hormuz strait amid missile threat A commercial vessel 'MV Banglar Joyjatra' owned  by the Bangladesh Shipping Corporation (BSC) has turned back while attempting to cross the strategic Hormuz Strait due...

Mar. 15

Fuel rationing withdrawn, normal supply resumes at filling stations

Fuel rationing withdrawn, normal supply resumes at filling stations The government has withdrawn the rationing system for fuel sales, allowing filling stations across the country to resume normal operations from Sunday.From now on, fuel will be sup...

Mar. 15