EXPLAINER
Why is US turning to Russia for diesel despite sanctions?
President Donald Trump’s deal with Putin comes amid surging fuel prices and looming US midterm elections.
![Pipelines and oil storage tanks at oil refining facilities at the Daesan petrochemical complex near Daesan port, in Seosan, South Korea, May 8, 2026. [File: Kim Soo-hyeon / Reuters]](/wp-content/uploads/2026/09/2026-05-08T070131Z_1905822413_RC2S4LADQ929_RTRMADP_3_IRAN-CRISIS-SOUTHKOREA-TANKER-1788401778.jpg?resize=770%2C513&quality=80)
![Workers use a device to update the price displayed on a board at a petrol station following the rollout of a fuel relief scheme, which provides a fuel subsidy for eligible motorcycles, rickshaws and vehicles with engines of up to 800cc, in Karachi, Pakistan, September 16, 2026. [Akhtar Soomro/Reuters]](/wp-content/uploads/2026/10/2026-09-16T215240Z_1506421248_RC2IKNAE0RRX_RTRMADP_3_IRAN-CRISIS-SOUTHASIA-ENERGY-1791364869.jpg?resize=770%2C513&quality=80)
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EXPLAINER
Hormuz ship attacks surge: Are increased oil exports sustainable?
Gulf oil flows surge despite escalating ship attacks in the critical Strait of Hormuz energy corridor.
![An oil products tanker is anchored in the Strait of Hormuz on August 10, 2026 off the coast of Bandar Abbas, Iran. [Ali Saeedi/Getty Images]](/wp-content/uploads/2026/09/getty_6ab52cdea8-1790258398.jpg?resize=770%2C513&quality=80)
Southeast Asia’s energy chiefs meet against backdrop of Iran war
ASEAN ministers to discuss energy security amid energy crunch caused by the war on Iran.
EXPLAINER
Is Iran charging a toll to allow oil traffic through Hormuz?
Crude exports bypassing Hormuz surged in September, yet oil prices remain high. Could a secret fee be the reason?
Middle East oil exports surpass pre-war levels despite tensions, data shows
IRGC commander says oil flows through US-supervised route in Hormuz are ‘negligible’.
Trump ramps up pressure on US Republicans to end US clock switching
The US president published a lawmaker’s cell phone number as he called for the passage of a bill making DST permanent.
EXPLAINER
Trump vs Europe as US presses for release of emergency diesel stocks
Europe’s leaders are mulling proposals to respond to Trump’s diesel demands.
Russia tries to freeze Ukraine as it suffers record casualties and retreats
Moscow has suffered further losses of occupied territory, but is using new drones to beat Ukraine’s defences.
Trump says US may ask Europe to release diesel reserves
Skyrocketing diesel prices have pushed Washington to weigh an export ban, raising alarm across European economies.
US Senate rejects bill targeting AI data centre electricity costs
Democrats criticise bill as lacking ‘teeth’ and push for mandatory measures to address soaring electricity bills.
Gunmen kill 7 on bus in Syria as pipeline blast knocks out 3 power plants
Gunmen attack bus in Homs province hours after a pipeline explosion knocked out three power plants near Damascus.
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