United States President Donald Trump said the United States Central Command (CENTCOM) carried out strikes in Iran’s crown jewel, Kharg Island, even as he warned Tehran against blocking Strait of Hormuz. US President Donald Trump announced strikes on Iran’s crown jewel, Kharg Island. Trump said that while the US carried out the “most powerful bombing…
Russia on Thursday (Mar 12) accused the United States and its Western allies of whipping up “hysteria” about Iran’s nuclear ambitions, as tensions flared at the United Nations over Washington’s military campaign Operation Epic Fury against Tehran. China also slammed the US, calling it the “instigator” of the Iranian nuclear crisis. US envoy to the…
Hong Kong authorities have received 221 complaints about illegal petrol stations in the first two months of the year, averaging about 111 per month – 42 per cent higher than the monthly average in 2025 – as drivers continue to grapple with rising fuel prices caused by the US-Israel war with Iran. The Fire Services…
Greater Bay Airlines will more than double its fuel surcharge on certain routes starting next week, becoming the last Hong Kong passenger carrier to raise prices amid the ongoing conflict in the Middle East. The airline announced on Friday that it would raise prices due to “surging fuel costs,” with the new surcharges taking effect…
The Chinese government has moved to ban all fuel exports amid a worsening supply crunch because of the severe disruption in tanker traffic in the Strait of Hormuz. The ban covers gasoline, diesel, and jet fuel, unnamed sources told Reuters. The restrictions will take immediate effect, applying to all cargoes that had not passed through…
Global oil markets swung both ways for a second straight day on Tuesday as mixed signals from the Trump administration about the war in Iran and security in the Strait of Hormuz caused panic among investors and energy traders. Galaxy Globe bulk carrier and Luojiashan tanker sit anchored in Muscat, as Iran vows to close…
Iran is exporting more oil through the Strait of Hormuz than before the war, showing it is in control of a strategic waterway that it has closed off to the rest of the region’s oil producers. The tanker Luojiashan anchored in Muscat, Oman, as Iran exerts control over the Strait of Hormuz. As Gulf Arab…
Last Updated:March 11, 2026, 11:53 IST Beijing’s deep ties with Tehran and the Islamic Revolutionary Guard Corps-linked maritime networks have allowed it to maintain a steady flow of crude despite geopolitical tensions Beijing is reportedly securing Iranian crude at $8-$12 per barrel below Brent benchmarks, saving billions of dollars annually while strengthening its energy security….
Hong Kong customs officers have intercepted more cross-border trucks suspected of smuggling petrol into the city as fuel prices surge amid the war in the Middle East. Commissioner of Customs and Excise Chan Tsz-tat said on Wednesday that some of the vehicles had even enlarged their fuel tanks to carry more petrol for supplying illegal…
Iran on Tuesday responded to United States President Donald Trump’s warning that America would strike “twenty times harder” if oil passage through the Strait of Hormuz is disrupted. The US President further threatened to “take out easily destroyable targets”. (AP) “If Iran does anything that stops the flow of Oil within the Strait of Hormuz,…