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Australia's Resources Minister: Australia will cancel its domestic gas security mechanism, remove the agreement framework, and reform gas market rules in an appropriate manner.

2026-05-07

Australia's Resources Minister: Australia will cancel its domestic gas security mechanism, remove the agreement framework, and reform gas market rules in an appropriate manner.

Other News
2026-05-07

Iran has issued a notice to merchant ships in the Strait of Hormuz, stating that Iranian ports are fully prepared to provide general maritime services and support. (Islamic Republic News Agency)

Iran has issued a notice to merchant ships in the Strait of Hormuz, stating that Iranian ports are fully prepared to provide general maritime services and support. (Islamic Republic News Agency)
2026-05-07

China’s financial regulator instructed major lenders to temporarily suspend new loans to five refineries, including Hengli Petrochemical, recently sanctioned by the US over Iranian oil ties. Banks were told to review exposure but not call existing lo

China’s financial regulator instructed major lenders to temporarily suspend new loans to five refineries, including Hengli Petrochemical, recently sanctioned by the US over Iranian oil ties. Banks were told to review exposure but not call existing loans. The verbal guidance contrasts with the Ministry of Commerce’s May 2 notice telling companies to ignore US sanctions. The NFRA did not comment.
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