APIA, 27 MARCH 2026 (SAMOA GLOBAL NEWS)—The ongoing Iran/U.S/Israel conflict is disrupting global crude oil supply chains, driving significant increases in international fuel prices and raising concerns over supply security worldwide. Pacific countries, including Samoa, are closely monitoring these developments due to potential impacts on fuel supply continuity. The Government confirms that the fuel tanker […]
Tag: Middle East conflict oil impact
Posted inPacific News
A global energy crisis’: Fuel price hike looms for Pacific amid Middle East conflict
SYDNEY, 04 MARCH 2026 (RNZ PACIFIC) — Analysts are warning fuel prices are expected to jump in the Pacific following the Israeli and U.S attacks on Iran, and the subsequent response by Iran. Iran borders the Strait of Hormuz, which carries 20 percent of the world’s oil and gas supply, and shipments have been suspended […]