Crisis
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 suffered a crushing 0-3 home loss to Färjestad, leaving the team just on goal difference from the relegation playoffs with eleven matches remaining. Captain Glenn Gustafsson urges focus on securing their own points, while coach Niklas Eriksson faces intense scrutiny. Sport chief Henrik Löwdahl acknowledges shared responsibility in the crisis.
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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
Jumanne, 17. Mwezi wa tatu 2026, 22:07:25Havana paralyzed in wake of national power grid collapse
Alhamisi, 12. Mwezi wa tatu 2026, 16:51:14Ethiopia issues emergency fuel utilization directive amid global supply crisis
Ijumaa, 6. Mwezi wa tatu 2026, 09:39:49Sweden sends healthcare personnel to Middle East
Jumatano, 4. Mwezi wa tatu 2026, 13:14:43UIA warns of industrial crisis in Argentina after its statement
Jumatano, 11. Mwezi wa pili 2026, 22:43:51Cuban peso hits historic low of 500 per dollar in informal market
Jumanne, 10. Mwezi wa pili 2026, 19:20:35Rappler hosts AMA on education crisis with EDCOM 2 director
Jumapili, 8. Mwezi wa pili 2026, 20:28:46Blackouts to affect 59% of Cuba during peak hours this Sunday
Jumamosi, 7. Mwezi wa pili 2026, 05:49:47Spd leaders emphasize optimism in ongoing crisis
Ijumaa, 6. Mwezi wa pili 2026, 18:58:25Cuba suspends hospital surgeries amid fuel crisis