Across south-east Asia, governments are scrambling to find ways to conserve energy and shield the public from soaring costs, as war in the Middle East causes huge disruption in the global oil market. In Thailand, news anchors are ditching their jackets after orders to reduce air conditioning use, while government workers in the Philippines are operating on a four-day week. Asia relies heavily on imported energy, much of which passes through the strait of Hormuz, and officials have warned further measures could be considered if the energy crisis worsens. Lucy Hough speaks to the Guardian’s south-east Asia correspondent, Rebecca Ratcliffe.
Continue reading...Fuel rations and cash handouts: Iran war energy shock hits Asia | The Latest
Originally reported by The Guardian. Read the full story at the original source.
Related Articles
New York Times Accuses Federal Employment Agency of Retaliation
A May lawsuit by the Equal Employment Opportunity Commission claims the newspaper discriminated against a white male emp...
SK Hynix Stock Rises on First Day of US Trading
SK Hynix began trading at $170 a share, above its initial public offering price of $149, in the latest test of investor ...
Shippers Face Deepening Dilemma as U.S. and Iran Vie for Control of the Gulf
Companies desperately want to get their ships moving through the Strait of Hormuz, but face mounting risks. “Things are ...
High court rejects most of ‘dieselgate’ claims brought by 1.6m UK car owners
Carmakers welcome ruling against suit claiming manufacturers including Nissan, Ford and Peugeot fitted devices to defeat...