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Taiwan: Fire Breaks Out at CPC Dalin Refinery After Heavy Oil Leak in Kaohsiung 2

A fire broke out at CPC Corporation's Dalin Refinery in Kaohsiung on April 3, 2026, after heavy oil leaked from a tank in Zone F. Firefighters dispatched 10 vehicles and 22 personnel to the scene, where the valve was immediately shut off. The cause of the incident is still under investigation.

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Last Japan-bound crude oil tanker arrives in Tokyo Bay

Photo taken from a Kyodo News helicopter shows a crude oil tanker from the Middle East arriving in Tokyo Bay on April 3, 2026, after passing through the Strait of Hormuz on Feb. 26, two days before the U.S. and Israeli militaries started strikes on Iran. No Japan-bound tanker has been confirmed to have passed the strait since.

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Last Japan-bound crude oil tanker arrives in Tokyo Bay

Photo taken from a Kyodo News helicopter shows a crude oil tanker from the Middle East arriving in Tokyo Bay on April 3, 2026, after passing through the Strait of Hormuz on Feb. 26, two days before the U.S. and Israeli militaries started strikes on Iran. No Japan-bound tanker has been confirmed to have passed the strait since.

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Last Japan-bound crude oil tanker arrives in Tokyo Bay

Photo taken from a Kyodo News helicopter shows a crude oil tanker from the Middle East arriving in Tokyo Bay on April 3, 2026, after passing through the Strait of Hormuz on Feb. 26, two days before the U.S. and Israeli militaries started strikes on Iran. No Japan-bound tanker has been confirmed to have passed the strait since.

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Last Japan-bound crude oil tanker arrives in Tokyo Bay

Photo taken from a Kyodo News helicopter shows a crude oil tanker from the Middle East arriving in Tokyo Bay on April 3, 2026, after passing through the Strait of Hormuz on Feb. 26, two days before the U.S. and Israeli militaries started strikes on Iran. No Japan-bound tanker has been confirmed to have passed the strait since.

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Taiwan: Fire Breaks Out at CPC Dalin Refinery After Heavy Oil Leak in Kaohsiung 3

A fire broke out at CPC Corporation's Dalin Refinery in Kaohsiung on April 3, 2026, after heavy oil leaked from a tank in Zone F. Firefighters dispatched 10 vehicles and 22 personnel to the scene, where the valve was immediately shut off. The cause of the incident is still under investigation.

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Taiwan: Fire Breaks Out at CPC Dalin Refinery After Heavy Oil Leak in Kaohsiung

A fire broke out at CPC Corporation's Dalin Refinery in Kaohsiung on April 3, 2026, after heavy oil leaked from a tank in Zone F. Firefighters dispatched 10 vehicles and 22 personnel to the scene, where the valve was immediately shut off. The cause of the incident is still under investigation.

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Japan starts release of state-held oil

Photo taken from a Kyodo News helicopter on March 26, 2026, shows the Kikuma National Petroleum Stockpiling Base in Imabari in Ehime Prefecture, western Japan. The Japanese government started releasing state-held oil the same day to stabilize supplies amid the ongoing U.S.-Israeli war with Iran, commencing with the release from the Kikuma base.

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Japan starts release of state-held oil

Photo taken from a Kyodo News helicopter on March 26, 2026, shows the Kikuma National Petroleum Stockpiling Base in Imabari in Ehime Prefecture, western Japan. The Japanese government started releasing state-held oil the same day to stabilize supplies amid the ongoing U.S.-Israeli war with Iran, commencing with the release from the Kikuma base.

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Japan starts release of state-held oil

Photo taken from a Kyodo News helicopter on March 26, 2026, shows the Kikuma National Petroleum Stockpiling Base in Imabari in Ehime Prefecture, western Japan. The Japanese government started releasing state-held oil the same day to stabilize supplies amid the ongoing U.S.-Israeli war with Iran, commencing with the release from the Kikuma base.

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Tokyo stocks tumble

A financial monitor in Tokyo shows the 225-issue Nikkei Stock Average down over 1,800 points to close at 51,515.49, a roughly two-and-a-half month low, on March 23, 2026, as crude oil futures surged after U.S. President Donald Trump said Iran's power plants will be attacked if Tehran does not lift the closure of the Strait of Hormuz.

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Tokyo stocks tumble

A financial monitor in Tokyo shows the 225-issue Nikkei Stock Average down over 1,800 points to close at 51,515.49, a roughly two-and-a-half month low, on March 23, 2026, as crude oil futures surged after U.S. President Donald Trump said Iran's power plants will be attacked if Tehran does not lift the closure of the Strait of Hormuz.

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Tokyo stocks tumble

A financial monitor in Tokyo shows the 225-issue Nikkei Stock Average down over 1,800 points to close at 51,515.49, a roughly two-and-a-half month low, on March 23, 2026, as crude oil futures surged after U.S. President Donald Trump said Iran's power plants will be attacked if Tehran does not lift the closure of the Strait of Hormuz.

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Japan: Long Lines Form at Gas Stations Ahead of Price Hike

Long lines of vehicles formed at gas stations across Japan on Wednesday, March 11, as drivers rushed to fill up before an expected sharp rise in fuel prices. Major oil wholesalers announced plans to raise gasoline wholesale prices by an average of 26 yen per liter starting March 12, prompting a surge in last-minute refueling.

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Japan to release government-held oil reserves

Prime Minister Sanae Takaichi meets the press at her official residence in Tokyo on March 11, 2026, announcing that Japan would release 15 days' worth of reserves held by the private sector and then one month's worth of government-held oil in response to surging crude oil prices triggered by the ongoing conflict in the Middle East. The announcement was made hours before International Energy Agency member countries unanimously agreed on the largest-ever oil stockpile release.

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Japan to release government-held oil reserves

Prime Minister Sanae Takaichi meets the press at her official residence in Tokyo on March 11, 2026, announcing that Japan would release 15 days' worth of reserves held by the private sector and then one month's worth of government-held oil in response to surging crude oil prices triggered by the ongoing conflict in the Middle East. The announcement was made hours before International Energy Agency member countries unanimously agreed on the largest-ever oil stockpile release.

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Japan to release government-held oil reserves

Prime Minister Sanae Takaichi meets the press at her official residence in Tokyo on March 11, 2026, announcing that Japan would release 15 days' worth of reserves held by the private sector and then one month's worth of government-held oil in response to surging crude oil prices triggered by the ongoing conflict in the Middle East. The announcement was made hours before International Energy Agency member countries unanimously agreed on the largest-ever oil stockpile release.

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Japan to release government-held oil reserves

Prime Minister Sanae Takaichi meets the press at her official residence in Tokyo on March 11, 2026, announcing that Japan would release 15 days' worth of reserves held by the private sector and then one month's worth of government-held oil in response to surging crude oil prices triggered by the ongoing conflict in the Middle East. The announcement was made hours before International Energy Agency member countries unanimously agreed on the largest-ever oil stockpile release.

E

Japan to release government-held oil reserves

Prime Minister Sanae Takaichi meets the press at her official residence in Tokyo on March 11, 2026, announcing that Japan would release one month's worth of government-held oil in response to surging crude oil prices triggered by the ongoing conflict in the Middle East. The announcement was made hours before International Energy Agency member countries unanimously agreed on the largest-ever oil stockpile release.

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Japan Finance Minister Katayama meets press after G7 talks

Japanese Finance Minister Satsuki Katayama speaks at a press conference at the Finance Ministry on March 9, 2026, after an online meeting of Group of Seven finance ministers. The ministers discussed a possible coordinated release of oil reserves amid the U.S.-Israeli war with Iran.

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Tokyo stocks plunge

A financial monitor in Tokyo on March 9, 2026, shows the 225-issue Nikkei Stock Average closing down over 2,800 points at 52,728.72, the third-largest point drop, as crude oil futures spiked amid an escalating conflict in the Middle East.

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Tokyo stocks plunge

A financial monitor in Tokyo on March 9, 2026, shows the 225-issue Nikkei Stock Average closing down over 2,800 points at 52,728.72, the third-largest point drop, as crude oil futures spiked amid an escalating conflict in the Middle East.

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Tokyo stocks plunge

A financial monitor in Tokyo on March 9, 2026, shows the 225-issue Nikkei Stock Average closing down over 2,800 points at 52,728.72, the third-largest point drop, as crude oil futures spiked amid an escalating conflict in the Middle East.

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Tokyo stocks plunge

A financial monitor in Tokyo on March 9, 2026, shows the 225-issue Nikkei Stock Average sinking over 4,200 points during the morning trading session on inflation concerns as crude oil futures surged to more than $100 per barrel.

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Tokyo stocks plunge

A financial monitor in Tokyo on March 9, 2026, shows the 225-issue Nikkei Stock Average sinking over 4,200 points during the morning trading session on inflation concerns as crude oil futures surged to more than $100 per barrel.

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US: Rising Temperatures Trigger Ice Jam Flood Risk in Pennsylvania

Rising temperatures have triggered ice jams on creeks in Venango County, Pennsylvania and nearby areas, causing elevated water levels and flooding concerns. In Oil City, Oil Creek is nearing overflow, flooding several businesses and prompting officials to prepare for possible evacuations. A flood watch and warning remain in effect through Friday, with thick ice and a released ice jam expected to worsen flooding in Oil City and Rouseville. Residents are urged to stay alert and ready to act.

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Illustration - Venezuela

An oil tanker that has been docked here for several days is seen in Lecheria, Anzoategui, Venezuela, January 10, 2026. Photo by Lucio Tavora/Xinhua/ABACAPRESS.COM

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Illustration - Venezuela

Several oil tankers that have been docked here for several days are seen in Lecheria, Anzoategui, Venezuela, January 10, 2026. Photo by Lucio Tavora/Xinhua/ABACAPRESS.COM

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Illustration - Venezuela

(260110) -- ANZOATEQUI, January 10, 2026 (Xinhua) -- An oil tanker which has been berthed here for several days is seen in Lancheria, Anzoatequi, Venezuela, January 9, 2026. The U.S. military seized the fifth oil tanker allegedly linked to Venezuela early Friday morning. Photo by Lucio Tavora/Xinhua/ABACAPRESS.COM

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Illustration - Venezuela

An oil tanker that has been docked here for several days is seen in Lecheria, Anzoategui, Venezuela, January 10, 2026. Photo by Lucio Tavora/Xinhua/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

CEO of ConocoPhillips Ryan Lance speaks during a meeting with President Donald Trump and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

Vice Chairman of Chevron Mark Nelson speaks during a meeting with President Donald Trump and oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

CEO of ExxonMobil Darern Woods speaks during a meeting with President Donald Trump and oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

Secretary of State Marco Rubio looks on as President Donald Trump speaks during a meeting with oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

Energy Secretary Christopher Wright speaks during a meeting with President Donald Trump and oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

Secretary of State Marco Rubio and White House Chief of Staff Susie Wiles look on as Energy Secretary Christopher Wright speaks during a meeting with President Donald Trump and oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

CEO of ExxonMobil Darern Woods speaks during a meeting with President Donald Trump and oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

Interior Secretary Doug Burgum speaks during a meeting with President Donald Trump and oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

President Donald Trump speaks during a meeting with oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

President Donald Trump looks on during a meeting with oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

Interior Secretary Doug Burgum, Vice President JD Vance and President Donald Trump attend a meeting with oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

Vice President JD Vance looks on as President Donald Trump speaks during a meeting with oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

Vice President JD Vance speaks during a meeting with oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

Interior Secretary Doug Burgum and Vice President JD Vance speak before a meeting with President Donald Trump and oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

Interior Secretary Doug Burgum looks on as Vice President JD Vance speaks during a meeting with oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

President Donald Trump speaks during a meeting with oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

Interior Secretary Doug Burgum and Vice President JD Vance speak before a meeting with President Donald Trump and oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

Interior Secretary Doug Burgum looks on as Vice President JD Vance speaks during a meeting with oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

President Donald Trump speaks during a meeting with oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM

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President Trump Meets With Oil and Gas Executives in Washington, DC

Vice President JD Vance smiles as President Donald Trump speaks during a meeting with oil and gas executives in the East Room of the White House in Washington, DC on Friday, January 9, 2026. Photo by Bonnie Cash/Pool/ABACAPRESS.COM