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India’s response to the Hormuz crisis demonstrated how strong fiscal planning, diversified energy sourcing and robust infrastructure helped shield consumers from soaring global oil and LPG prices.
Go behind the scenes inside the Cape May-Lewes Ferry in areas passengers rarely or never get to see.
Ukrainian drone strikes on refineries and depots have triggered shortages and price spikes across Russia, raising questions about whether they can alter Putin’s war calculus.
For Southeast Asia, which consumes the lion’s share of oil and LNG flowing from the Persian Gulf, the shock caused by the closure of Strait of Hormuz was almost immediate and exceptionally severe.