US oil prices fall on prospect of Middle East ceasefire easing supply disruption
Channel NewsAsia is tracking Diplomacy & Power developments tied to US oil prices fall on prospect of Middle East ceasefire easing supply disruption.
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March 24, 2026
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Channel NewsAsia is tracking Diplomacy & Power developments tied to US oil prices fall on prospect of Middle East ceasefire easing supply disruption.
Asia relies heavily on oil and gas from the Gulf, and shortages and higher prices are starting to bite.
Iran still has at least a dozen mines in the Strait of Hormuz, which are imperiling oil tanker traffic through the critical passage — but the US is working with the UK on a plan to clear them. The underwater explosives were identified as Iranian-manufactured Maham 3 and Maham 7 limpet mines, US officials told CBS News. The...
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Oil, gas, grids, climate shocks, and energy security storylines.
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Channel NewsAsia is tracking Diplomacy & Power developments tied to US oil prices fall on prospect of Middle East ceasefire easing supply disruption.
Asia relies heavily on oil and gas from the Gulf, and shortages and higher prices are starting to bite.
Iran still has at least a dozen mines in the Strait of Hormuz, which are imperiling oil tanker traffic through the critical passage — but the US is working with the UK on a plan to clear them. The underwater explosives w...
The move comes amid production disruptions linked to the US-Israeli war on Iran, which have affected Qatar.
Today’s headlines: Nat’l energy emergency, war on Iran, Zaldy Co
The Institute for Climate and Sustainable Cities' 2026 power outlook says that the Philippines' power crisis is fueled by inflexible capacities and over-reliance on imported coal, and not shortage in baseload plants
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