Philippines

Asia falls back on coal as LNG shortages drag on

bno - Taipei Office March 24, 2026

From South Korea to Indonesia to Bangladesh, governments are increasingly turning back to coal-fired power generation to help offset a widening shortfall in LNG imports.

Fuel shock in the fast lane: how Asia’s drivers are paying the price of war

Mark Buckton in Taipei March 23, 2026

The war involving the United States, Israel and Iran has sent a delayed shockwave through global energy markets and nowhere is the impact more acute than at petrol pumps across Asia.

Malaysia emerges as regional energy and stock haven as Iran war drags on

bno - Surabaya Office March 20, 2026

Malaysia has emerged as one of Southeast Asia’s top-performing markets as the war in Iran drives energy prices higher and pushes global investors towards economies better positioned to weather volatility.

Asia turns to Russian fuel in record volumes

bno - Taipei Office March 19, 2026

China is also increasing its purchases from Russia, with imports estimated at 1.2mn to 1.5mn tonnes – primarily for use as a substitute feedstock in refineries.

Philippines down to its last three weeks of fuel reserves, turns to Russia for help

bno - Jakarta Office March 18, 2026

The Philippines is currently navigating a perilous and largely overlooked period of economic vulnerability: its national fuel supply could run out in around three to four weeks if international imports don't arrive soon.

Sri Lanka declares weekly fuel holiday

bno Chennai Office March 17, 2026

Sri Lanka has designated every Wednesday a public holiday to conserve fuel as the country confronts the risk of supply shortages.

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