ASEAN Nations Confront Oil Vulnerabilities Amid Iran Conflict, Indonesia Boosts Subsidies
Southeast Asian nations face heightened oil import reliance and fiscal strain from Middle East tensions, prompting Indonesia to expand energy subsidies and
Market-moving news and intelligence across global energy markets.
Southeast Asian nations face heightened oil import reliance and fiscal strain from Middle East tensions, prompting Indonesia to expand energy subsidies and
European Parliament's Environment Committee votes to expand the Carbon Border Adjustment Mechanism (CBAM) to include downstream products, aiming to prevent
Indonesia officially launched its forestry carbon trading ecosystem on July 6, issuing 31 million tonnes of CO2e credits, aiming for a new economic growth
Brazil's government plans a cautious, phased withdrawal of diesel subsidies, prioritizing market stability over rapid fiscal adjustment, unlike gasoline.
A new UN report reveals global fossil fuel subsidies are set to hit $1.1 trillion in 2026, driven by the Iran war and government efforts to curb energy cos
US clean energy developers are accelerating solar and wind projects to secure expiring tax credits under new legislation, creating a boom despite policy sh
Japan plans a new energy strategy in August 2026, focusing on resilience, decarbonization, and oil diversification after Strait of Hormuz disruptions.
Dozens of governments globally commit to making energy efficiency a core policy, aiming to boost resilience, affordability, and competitiveness amidst Midd
US solar developers are accelerating projects to secure federal tax credits before a July 4 deadline, as the Trump administration phases out renewable ener
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