Analysts say Singapore is better equipped to weather energy crises than it was just a few years ago.
Oil prices surge as supply fears offset IEA's record stockpile release
Oil prices jumped more than 9 per cent on Thursday to break back above US$100 a barrel as Iran struck two tankers in Iraq and threatened to bring down the global economy.
Singapore-Batam ferry services impose S$6 surcharge as fuel costs rise
"This measure is necessary to offset rising operational costs while ensuring the continued delivery of safe, reliable and efficient services," said one ferry operator.
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