Saudi Arabia plans to store its crude in underground caverns on Singapore's Jurong Island from H2 2027 to strengthen regional supply security, Saudi and Singapore energy ministers said on Monday. The announcement, made at Singapore International Energy Week, comes as the US and Israel's war with Iran has severely disrupted Strait of Hormuz flows; before the conflict about two-thirds of Asia's crude came from the Middle East. ARAMCO will sign an MoU on Monday with Singapore's Energy Market Author

UK Chancellor Healy is set to announce in this week’s budget that the full state pension will rise by £489 to £13,036, a move that would push about 1.0 mln low-income pensioners above the current personal allowance. To preserve the principle that the state pension is non‑taxable, Healy will raise the tax-free threshold for low-income pensioners to £13,036, a measure expected to cost about £200 mln a year by 2030. The threshold will increase in line with state pension upratings during this Parliament, but millions of higher‑income pensioners will still face income tax.

沙特民防部门：哈米斯穆谢特的危险警报已解除。