Global fuel crisis deepens as Japan taps reserves and Asia braces for shortages | Business Brief

Japan is tapping its joint fuel stockpile with other countries, while government agencies in South Korea limit the use of cars.

The impact of the Middle East crisis on the fuel supply of various countries in this report.

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13 Comments

  1. Even in Australia, their supply of fuel is good only for 30 days….
    Fuel prices have increased sharply. Some gas stations closed due lack of supply.
    I have family relatives who live in Sydney.

  2. China the guy (newscaster said) 1300 usd per metric ton. Used chatgpt, price of gasoline in china is 1.17usd per liter or 70 pesos per liter…. Woooowwww so cheap

  3. Kaya biglang bumaba ang prices ng gas sa Japan.Nag-release pala nun March 19 at nagbigay ng subsidy.Gulat ako bakit kung kailan may war bigla ang mura ng gas nila per liter.

  4. Right, but what happens when their reserves are drained, how long can they last? you dont release your reserves for the general public u use it to maintain essential services, military, hospital etc and you close the pumps to the public without a valid emergency placard.

  5. Trump should just give it up as the US have already destroyed most of Iran's military facilities. Nations should start rethinking their energy source strategy and be less reliant to mid east sources.

  6. Japan does more for the Philippines than the Philippines Government for its own People… thank you Corrupt Politicians

  7. Ally pa sa United States. Idemonize pa ang China. Si papa United States ang nagsimula ng gyera at ang sumira sa ekonomiya natin. Wala silang pake-alam sa mga "allies" nila.