The International Energy Agency is rolling out the largest emergency oil release in its history - 400 million barrels - as the Iran conflict threatens energy supplies through the critical Strait of Hormuz.

But what does this mean for global fuel markets?

In Singapore, authorities say the country has several safeguards to ensure energy security, although consumers could still see electricity prices edge higher in the coming months.

So how much higher could electricity prices rise? And could Budget 2026’s U-Save rebates help cushion the impact? 

On The Big Story, Hongbin Jeong speaks with David Broadstock, Partner of The Lantau Group,to find out more.

The International Energy Agency is rolling out the largest emergency oil release in its history - 400 million barrels - as the Iran conflict threatens energy supplies through the critical Strait of Hormuz.
But what does this mean for global fuel markets?
In Singapore, authorities say the country has several safeguards to ensure energy security, although consumers could still see electricity prices edge higher in the coming months.
So how much higher could electricity prices rise? And could Budget 2026&rsquo;s U-Save rebates help cushion the impact?&nbsp;
On The Big Story, Hongbin Jeong speaks with David Broadstock, Partner of The Lantau Group, to find out more.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.