April
Indian LNG Importers Scoop Up Spot Shipments After Prices Recede
India’s liquefied natural gas importers have accelerated purchases from the spot market, taking advantage of a recent dip in prices, as the country looks to ease a supply crunch triggered by the war in the Middle East.
Japan May Extend $10 Billion to Southeast Asia to Help Buy Oil
Japan plans to provide as much as $10 billion in financial support to nations in Southeast Asia to help them cope with soaring crude oil prices due to the war in the Middle East, according to local media reports.
Trump Begins Hormuz Blockade Even as US, Iran Eye More Talks
President Donald Trump began a US naval blockade of the Strait of Hormuz, a move intended to raise pressure on Tehran, even as the two countries weigh another round of talks to secure a longer-term ceasefire.
