Fishermen in Thailand are keeping their boats anchored because fuel costs account for more than half of the expense of every trip, making it unprofitable.

Japan's producer price index (PPI) surged to 6.3% in May.

The interim deal between the US and Iran caused oil prices to fall and sparked a relief rally in Asian financial markets.

Officials from the United States and Iran are scheduled to meet in Switzerland on June 19th to formalize their interim agreement.

The Strait of Hormuz is a transit route for one-fifth of the world's oil supply.

Farmers in Southeast Asia are skipping the current planting season because they cannot afford the diesel fuel required for tractors and water pumps.

The Hong Kong government has allocated the equivalent of $230 million for a subsidy program to help manage soaring fuel prices.

Rising inflation is putting pressure on the Bank of Japan to hike interest rates.

The United States and Iran have reached an interim deal to end hostilities and reopen the Strait of Hormuz.

President Donald Trump stated that the Strait of Hormuz will be completely open for shipping by Friday.

Since the start of the war with Iran, gasoline prices in Hong Kong have risen by about 15% and diesel prices have jumped by nearly 50%.

In Hong Kong, the price of gasoline is approximately HK$33 per liter, which is equivalent to about $16 per gallon.

The announcement of a deal between the U.S. and Iran caused oil prices to fall and sparked a relief rally in Asian financial markets.

Officials from the United States and Iran are scheduled to meet in Switzerland on June 19th to formalize their agreement.

Japan's producer price index surged to 6.3% in May, putting pressure on the Bank of Japan to hike interest rates.

Since the start of the Iran war, gasoline prices in Hong Kong have increased by 15% and diesel prices have jumped by nearly 50%.

Farmers across Southeast Asia are skipping the current planting season because they cannot afford the high price of diesel for tractors and water pumps.

In Hong Kong, gasoline prices have risen to approximately HK$33 per liter, or $16 per gallon.

At the G7 summit in France, President Trump announced a deal with Iran that he claimed would reopen the Strait of Hormuz.

The conflict between the US, Israel, and Iran led to the closure of the Strait of Hormuz, which choked off one-fifth of the world's oil supply.