Asia governments to cap fuel prices as oil costs jump

Some countries across Asia have announced measures to deal with the impact of soaring global energy costs caused by the US-Israel war with Iran, including capping petrol prices.

On Monday, crude oil surged above $100 a barrel on concerns about potential shortages due to prolonged disruption to Middle East energy supplies.

At the weekend, Iran named Mojtaba Khamenei as its new Supreme Leader - a sign that hardliners remain in charge of the country - while some Gulf countries halted oil production and there were fresh airstrikes in the region.