Energy

Japan Courts Saudi Arabia and UAE as Asia's Oil Supply Fears Persist

Japan plans to use the Asia Zero Emission Community (AZEC) meeting later this week to agree with other Asian countries on action plans to increase oil reserves in the region, Japanese Industry Minister Ryosei Akazawa, said on Tuesday. Resource-poor Japan, which needs to import almost all of the oil

Source: OilPrice.com

―

DW NOTE

Japan is negotiating energy security with the Gulf states while 6% of global oil supply sits behind a closed strait. The Saudis and Emiratis know exactly what leverage looks like when your alternative is rationing.

Read the full story at OilPrice.com →

Sri Lanka's Economic Recovery Underscores the Geopolitics of Debt - IR Insider

India’s Oil Buyers Squeezed by $123 Crude and Weak Rupee

The Indian crude basket hit $123.29 per barrel last week, approaching levels recorded in March 2012, and adding 86% to the price Indian oil marketing companies pay, local media have reported, also noting the effect of a cheaper rupee. Since Indian companies pay for the oil they buy from abroad in U.

Can Gold Hold Its 2026 Lows as Silver Breaks Below Its Own? - FOREX.com

Lula faces a fiscal reckoning after Brazil’s market rout

Concerns about management of economy trigger worst day for currency in more than 25 years

Read more

Sri Lanka's Economic Recovery Underscores the Geopolitics of Debt - IR Insider

India’s Oil Buyers Squeezed by $123 Crude and Weak Rupee

Can Gold Hold Its 2026 Lows as Silver Breaks Below Its Own? - FOREX.com

Lula faces a fiscal reckoning after Brazil’s market rout