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Illustration of Asian stock traders reacting to falling markets amid US-Iran tensions and rising oil prices.
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Asia shares slip amid escalating US-Iran tensions

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Global markets tumbled as US-Iran tensions and prolonged Israeli conflict drove oil prices higher. Asian shares and futures dipped, with investors preparing for extended fighting. The inflationary pressures have reduced expectations for central bank rate cuts.

Colombia's National Environmental Licensing Authority (Anla) has approved Frontera Energy Colombia's VIM-46 oil exploration project in Magangué. The initiative involves drilling up to 55 wells from a maximum of 11 platforms and installing production infrastructure. The approval comes with strict environmental compliance conditions.

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根据菲律宾能源部的数据,菲律宾的燃料供应预计可维持到五月的第二周,且近期有望获得一百万桶燃料供应。能源部部长莎伦·加林(Sharon Garin)表示,截至3月20日,平均库存天数为45天,低于近一个月前中东战争爆发时的55至57天。

The International Energy Agency (IEA) recommended 10 measures, including telework and license plate rotation, to mitigate the impact of high oil prices from the Middle East conflict. These aim to reduce demand in road transport, aviation, and industry. Executive director Fatih Birol warned of the largest supply disruption in oil market history.

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中国2026年1月和2月从俄罗斯进口的原油量激增,占总进口量的五分之一以上。分析师称,这是由于地缘政治风险上升,中国提前囤积原油。但伊朗战争可能导致未来俄油对华出口减少。

Frank Pearl, president of the ACP, stressed that Colombia must strengthen its energy security without relying on other countries. This comes amid Venezuela's first gas shipment and a drop in national oil and gas production in 2025.

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Global energy markets were jolted by Iran's attack on a major Qatar LNG facility, causing sharp rises in oil and European gas prices. Brent crude climbed 3.8% to settle at $107.38 per barrel, while Europe's benchmark gas prices jumped around 6%.

 

 

 

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