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Asia air travel faces turbulence as Iran war exposes jet fuel vulnerability

Asia air travel faces turbulence as Iran war exposes jet fuel vulnerability

Jet fuel shortages and surging prices are forcing flight cancellations across the Asia-Pacific, a squeeze that could intensify after the United States began controlling oil shipments through the Strait of Hormuz following failed peace talks with Iran. Tehran’s effective closure of the strait – a chokepoint for about 20 per cent of global oil supply – is hitting regional airlines, particularly in c.

Malaysian bust spotlights shadow fleet oil trade in Southeast Asia

Malaysian bust spotlights shadow fleet oil trade in Southeast Asia

The bust of an illegal transfer of oil between tankers in Malaysian waters has returned the spotlight to the shadow fleet trade in fuel – much of it from sanctioned nations – in Southeast Asia, which continues despite the paralysis of legitimate shipping routes triggered by the Iran war. Two tankers were intercepted in waters off Bagan Ajam, off the coast of Penang, on Saturday during an alleged i Two tankers were intercepted in waters off Bagan Ajam, off the coast of Penang, on Saturday during an alleged i.

Donald Trump vows U.S. will sink any Iran boats that challenge blockade

Donald Trump vows U.S. will sink any Iran boats that challenge blockade

The U. S. military said the blockade would begin at 1930 hours IST and apply to all ships leaving or seeking to dock at Iranian harbours, but as the deadline passed there was no announcement that the measure had come into effect, nor sign of any interceptions military said the blockade would begin at 1930 hours IST and apply to all ships leaving or seeking to dock at Iranian harbours, but as the deadline passed there was no announcement that the measure had come into effect, nor sign of any interceptions Donald Trump vows U. S.

Iran open to talks with US, president says

Iran open to talks with US, president says

Pezeshkian says discussions can only happen within framework of ‘international law’ Pezeshkian says discussions can only happen within framework of ‘international law’.

Hezbollah chief urges Lebanese government to cancel Washington talks with Israel

Hezbollah chief urges Lebanese government to cancel Washington talks with Israel

Hundreds of Hezbollah supporters protested on Friday (April 10, 2026) and Saturday (April 11, 2026) against the planned talks, accusing Lebanese Prime Minister Nawaf Salam of being a "zionist" Hundreds of Hezbollah supporters protested on Friday (April 10, 2026) and Saturday (April 11, 2026) against the planned talks, accusing Lebanese Prime Minister Nawaf Salam of being a "zionist".

Hong Kong taxpayers face HK$28 billion Covid bad-loan burden from SMEs

Hong Kong taxpayers face HK$28 billion Covid bad-loan burden from SMEs

Hong Kong taxpayers may have to shoulder nearly HK$28 billion (US$3.57 billion) in bad loans from a now-defunct, fully government-backed financing scheme designed to help smaller enterprises survive the Covid pandemic. Official data released to legislators showed that of the 67,189 loan applications approved under the special scheme, 13,231 had defaulted by the end of February, involving a total s Official data released to legislators showed that of the 67,189 loan applications approved under the special scheme, 13,231 had defaulted by the end of February, involving a total s.

Shenzhen’s new party boss has taken the wheel but can he deliver ahead of Apec?

Shenzhen’s new party boss has taken the wheel but can he deliver ahead of Apec?

As the new Communist Party chief of China’s southern manufacturing hub Shenzhen, Jin Lei is facing his first major test as the city prepares to host the Apec leaders’ summit in November. Beijing is seeking more cooperation with the bloc in areas like artificial intelligence, and the key regional forum is an opportunity to show the potential in tech-driven Shenzhen, where Jin took the helm last mon.

Minister says Pakistan ‘committed’ to repay US$3 billion loan from UAE

Minister says Pakistan ‘committed’ to repay US$3 billion loan from UAE

Pakistan is considering financing from both countries and banks as options to repay a US$3 billion loan from the United Arab Emirates and help maintain foreign exchange reserve levels amid soaring oil prices, Finance Minister Muhammad Aurangzeb said. The South Asian country this month failed to reach an agreement with the UAE to roll over the debt for the first time in seven years, adding pressure.

Japan’s bid to avert Trump tariffs draws fire over climate impact of US projects

Japan’s bid to avert Trump tariffs draws fire over climate impact of US projects

Japan’s effort to shield itself from President Donald Trump’s tariffs is facing a new backlash, with environmental groups warning that US projects tied to Tokyo’s investment pledge could generate greenhouse gases equal to around 20 per cent of Japan’s annual emissions. The Japanese government agreed to invest 5.7 trillion yen (US$35.6 billion) in the three projects as part of the first round of sp.

Brussels must resist ‘passive’ role in US-China trade war, EU chamber urges

Brussels must resist ‘passive’ role in US-China trade war, EU chamber urges

A leading European business association in China has urged Brussels to avoid becoming a “passive recipient” of US-China trade negotiations, as European firms scramble to navigate Beijing’s export controls. In a report released on Tuesday, the European Union Chamber of Commerce in China asserted that the EU must take the lead in discussions affecting its interests, while urging Beijing to avoid a o.

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