fuel imports
Coverage of fuel imports in the Nexus archive.
- Russia eyes diesel export ban, fuel imports amid Ukrainian strikes; Crimea restricts public life
Russia is considering a diesel export ban, with possible fuel imports to address shortages in Crimea, which has imposed public life restrictions. President Vladimir Putin criticized Ukraine's strikes on civilian infrastructure as a ploy to destabilize society.
- Mideast war helps electric motorbikes boom in Africa
The war in the Middle East has boosted electric motorbike adoption in Africa, particularly in Kenya, where fuel imports are significant. Electric 'boda-bodas' are becoming more common, supporting the economy by transporting goods and people.
- The race for oil: will Jamaica be the next country to drill and what does that mean for its green pledges?
Jamaica is considering oil drilling after hydrocarbon discoveries in seabed tests, which could reduce its annual fuel import costs of $1.5-2bn. The move raises questions about reconciling fossil fuel production with the country's green energy commitments.
- Wall Street seems to have decided the recession risk is over. Can the Australian market do the same?
Wall Street has shown optimism about recession risks, with record highs in US stocks, while the ASX 200's recovery is more cautious due to Australia's reliance on fuel imports. Experts suggest the US market may have overreacted to positive signals, contrasting with the slower, more measured approach in Australia.