With supply chains at risk, the aid to Southeast Asian nations is aimed at securing the availability of oil-based products, including medical equipment.
Category: Shortages
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Japan Pledges $10 Billion to Help Countries Cope With Oil Prices
The New York Times – Business: -
Trump’s Latest Oil Blockade Brings Bigger Economic Risks
The New York Times – Business:Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.
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Iran War Drives Deeper Oil Shock Than Prices Reveal
The New York Times – Business:The war with Iran is preventing huge amounts of oil from flowing out of the Persian Gulf, but the prices that many people track don’t fully capture the scale of the disruption.
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This Is What Happens When the Gas Runs Out
The New York Times – Business:With a cutoff in shipments imminent, Asian countries, the biggest importers of liquefied natural gas from the Middle East, are already burning more coal and reducing consumption.
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Global Food Supply Faces a Dangerous Bottleneck as Iran War Persists
The New York Times – Business:Fertilizer prices are climbing as a result of disruptions in the Middle East, putting global food supplies at risk.
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An Invisible Bottleneck: A Helium Shortage Threatens the Chip Industry
The New York Times – Business:With a third of the global supply offline because of the war in Iran, gas companies are scrambling to assure critical A.I. chip makers there will be no disruptions.
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Iran Keeps a Tight Grip on Strait of Hormuz, Pressuring Shipping and Energy Sectors
The New York Times – Business:Iran has allowed a small number of vessels to pass, but that won’t alleviate pressure or risk for the shipping industry and energy markets any time soon.
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Scramble for Jet Fuel Shows How Energy Shortages Are Rippling Across Asia
The New York Times – Business:As China and other major suppliers of refined oil in the region restrict exports, import-dependent countries are desperate to secure fuel supplies.
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Attacks on Energy Infrastructure Could Lead to Much Higher Prices
The New York Times – Business:Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually end.
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The Iran War’s Economic Threat to Europe and Asia
The New York Times – Business:Inflation and its consequences for growth is a growing concern for countries where memories of the 2022 energy crisis are fresh.
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The War Is Making It Harder to Keep the Lights On, 2,000 Miles Away
The New York Times – Business:Bangladesh is taking steps to conserve electricity, which its factories need to keep stitching together the world’s clothing.