HAGATNA, 18 MARCH 2026 (PACIFIC ISLAND TIMES)—Raising suspicion about a gas cartel on Guam, Attorney General Douglas Moylan will launch an investigation into the purportedly premature spike in prices at local pumps amid the Middle East crisis that has been threatening global oil supply. While acknowledging that national emergencies may trigger legitimate price adjustments, Moylan […]
Tag: Pacific fuel prices
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 […]