Brent oil topped $100 a barrel for the first time since July, as attacks between the US and Iran and a recovery in Chinese oil buying propel the global crude benchmark higher. Brent crude crosses $100 as Strait of Hormuz disruption fuels supply fears. (Representative) Futures rose as much as 2.3% in London, before paring…
A Hong Kong bus driver union has hit out at a company’s guidelines asking drivers to save fuel amid surging oil prices by switching off air-conditioning when they are not carrying passengers, arguing that such policies pose safety risks. In a statement on Wednesday, the Motor Transport Workers General Union also called on public bus…
Hong Kong’s transport sector is considering a temporary fuel surcharge for deliveries as pump prices are expected to climb further this week amid rising Middle East tensions, industry representatives have said. Ringo Lee Yiu-pui, governor and honorary life president of the Hong Kong, China Automobile Association, said on Monday that fuel prices in the city…