Kris
Iran conflict deepens LPG crisis: Government escalates with Essential Commodities Act
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Building on March 5 directive to refineries, the government invoked the Essential Commodities Act on March 10, 2026, amid worsening LPG shortages from the Iran conflict and Strait of Hormuz disruptions. Commercial supplies have halted, severely impacting hotels, restaurants, and crematoriums across India, while prioritizing domestic use.
President Ferdinand Marcos Jr. said grounding airplanes is a distinct possibility amid soaring oil prices caused by the Iran-Israel war. In an exclusive Bloomberg interview, he cited scarcity of crude oil supplies and longer refining times. Inflation in the Philippines is expected to rise due to the ongoing fuel crisis.
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A newly formed Senate ad hoc committee on Middle East crisis response will hold its first hearing on Tuesday, chairman Sen. Sherwin Gatchalian announced. The Proactive Response and Oversight for Timely and Effective Crisis Strategy committee aims to check funds in the 2026 General Appropriations Act to address the crisis from US-Israel attacks on Iran. Fuel prices are soaring, threatening food security.
Cuba is grappling with an acute economic crisis reminiscent of the 1990s 'Special Period,' marked by fuel shortages and paralyzed transportation. Authorities and social media voices are invoking the ghost of the 'zero option,' where imports could drop to zero. Government measures focus on medium- and long-term solutions, while the immediate situation remains uncertain.
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Deputy President Paul Mashatile has convened a Water Task Team meeting to address interventions for stabilising Gauteng's water supply following recent disruptions. Officials attribute the issues to electro-mechanical failures and a pipe burst in late January. While Rand Water has restored capacity, municipal systems in Johannesburg face ongoing pressure.
Örebro Hockey led en förkrossande 0–3-förlust hemma mot Färjestad, vilket placerar laget på målskillnad från det negativa kvalet med elva matcher kvar. Lagkaptenen Glenn Gustafsson uppmanar till fokus på egna poäng, medan tränaren Niklas Eriksson står under stark press. Sportchefen Henrik Löwdahl erkänner delat ansvar i krisen.
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The oil tanker Ocean Mariner arrived in Havana Bay with 86,000 barrels of fuel sent by Mexico to ease blackouts on the island. The vessel, which departed from Pemex's Pajaritos complex last month, began unloading at the Ñico López refinery this Saturday. This shipment comes amid Cuba's energy crisis, worsened by reduced supplies from Venezuela.
IEA proposes telework and worldwide peak-and-plate to cut fuel use
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8 februari 2026 20:28Blackouts to affect 59% of Cuba during peak hours this Sunday
7 februari 2026 05:49Spd-ledare betonar optimism i pågående kris
6 februari 2026 18:58Cuba suspends hospital surgeries amid fuel crisis