Middle East
PetroChina says operations 'overall normal', Strait of Hormuz accounts for about 10% of its supplies
While PetroChina's investments in the Middle East have been affected by the war, the company had contingency plans to safeguard supplies via trading activities.
Philippine Airlines says jet fuel supplies secure despite Middle East conflict
In an interview with CNBC on Wednesday, Richard Nuttall, President of Philippine Airlines, said the flag carrier has enough jet fuel supply for the next couple of months, with domestic fuel shipments secured to keep PAL operating until the end of June.
India's Reliance buys 5 MMbbl of Iranian oil after U.S. waiver
Iranian oil, which in recent years has mainly been bought by Chinese independent refiners, is often rebranded as originating from another country.
Iran war deals harder blow to natural gas than oil
Key gas infrastructure - liquefaction plants in particular - is more complex and expensive to build and repair than the oil equivalent. That means oil refineries can often resume operations more quickly than liquefied natural gas export hubs after a shutdown.
Refiners in India, elsewhere in Asia look to buy Iranian oil after U.S. waives sanctions
The Trump administration on Friday issued a 30-day sanctions waiver for the purchase of Iranian oil already at sea, U.S. Treasury Secretary Scott Bessent said.
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