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Southeast Asia Braces for Oil Shock as Logistics Sector Prepares for the Inevitable
What Actually Happened
| # | Claim | Date | Entities | Source |
|---|---|---|---|---|
| 1 | The war in Iran has caused the price of crude oil to rise to just below $100 per barrel. | Iran, crude oil | House of Saud (news report) (archived) | |
| 2 | Crude oil prices are at levels not seen since the Russian invasion of Ukraine in 2022. | Russia, Ukraine, crude oil | BBC (archived) | |
| 3 | Southeast Asian tech and logistics companies are being battered by the war in Iran as rising oil prices drive up the cost of doing business. | Southeast Asia, tech companies, logistics companies, Iran | The Business Times (Singapore) (archived) | |
| 4 | A logistics company founder described the situation as the industry being heavily impacted. | Southeast Asia | Instagram Video (Primary Source) (archived) | |
| 5 | Some investors are offering fuel allowances to help companies cope with the hike in domestic fuel prices across respective Southeast Asian countries. | Southeast Asia | Instagram Video (Primary Source) (archived) | |
| 6 | Fuel prices in Indonesia have not risen yet due to the conflict. | Indonesia | Instagram Video (Primary Source) (archived) | |
| 7 | A government regulation limits domestic fuel pricing changes in Indonesia to just once a month. | Indonesia | Instagram Video (Primary Source) (archived) | |
| 8 | The commentary expects April to be a major breakdown point for fuel prices in Indonesia. | Indonesia | Instagram Video (Primary Source) (archived) | |
| 9 | Several companies in Indonesia are looking to expand their fleets of electric vehicles as an alternate solution. | Indonesia | Asia Business Outlook (report on Grab) (archived) | |
| 10 | The prices of coal and natural gas have risen since the beginning of March. | coal, natural gas | Reuters (archived) | |
| 11 | Rising energy prices can affect other industries like AI, travel, or practically any industry that requires energy. | AI, travel | The Business Times (Singapore) (archived) | |
| 12 | The commentator expects that prices will remain high even after the current conflict blows over, attributing it to the dynamics of capitalism. | capitalism | Instagram Video (Primary Source) (archived) | |
| 13 | The commentator does not expect the conflict to blow over soon, citing the length of American presidential terms. | United States | Instagram Video (Primary Source) (archived) |