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Search Result for “Gulf Energy”

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BUSINESS

War to hobble supply chain as trade costs soar

Published on 04/03/2026

» Thai business and industry leaders are concerned that the Mideast war could significantly disrupt logistics and transport costs, with ripple effects for manufacturing in Thailand and other countries.

BUSINESS

IMF chief sees three key impacts from war

Somruedi Banchongduang, Published on 04/03/2026

» The International Monetary Fund (IMF) has been closely monitoring the Middle East war, saying it is seeing three core channels of impact: on energy prices, market sentiment, and disruption in travel, tourism and trade.

BUSINESS

Thai stock market recovers after trading halt

Nuntawun Polkuamdee, Published on 04/03/2026

» The war-induced sell-off in global stocks continued on Wednesday, with the Stock Exchange of Thailand (SET) having to halt trading at one point to allow nervous investors to take a breather.

WORLD

Iran claims ‘total control’ of Strait of Hormuz

AFP, Published on 04/03/2026

» TEHRAN - Iran’s Revolutionary Guards said on Wednesday they had total control of the Strait of Hormuz, a key waterway for global energy transit, as Israel launched a new wave of strikes on the Iranian capital.

WORLD

Myanmar to restrict private vehicle use as fuel shortages emerge

Bloomberg News, Published on 04/03/2026

» NAY PYI TAW — Myanmar’s military government will impose limits on private vehicles starting Saturday to conserve fuel as disruptions to Middle East shipping routes threaten the country’s energy supplies.

WORLD

'Narrative war': disinformation surges as conflict roils Middle East

AFP, Published on 04/03/2026

» WASHINGTON (UNITED STATES) - Recycled images, video game footage passed off as missile strikes, and AI-generated combat visuals: the US-Israeli assault on Iran has unleashed a torrent of online disinformation that analysts are calling a war of narratives.

THAILAND

IRPC & TOA Paint Launch IBIC for Industrial Coatings, Elevating Thai Industry.

Published on 04/03/2026

» Terdkiat Prommool, President and Chief Executive Officer of IRPC Public Company Limited (right), and Dr Worawut Chaiyosburana, Chief Executive Officer of Beger Co Ltd (left), signed a joint venture agreement to establish IBIC Co Ltd (IBIC) to operate a business in industrial steel-structure paints and coatings. The signing ceremony was presided over by Prasong Intaranongpai, Senior Executive Vice President, Downstream Petroleum Business Group Alignment, PTT Public Company Limited (centre), at the Suanson Room, Energy Complex Building B, Bangkok.

BUSINESS

Local fuel prices capped for 15 days

Yuthana Praiwan, Published on 04/03/2026

» Prime Minister Anutin Charnvirakul said on Wednesday that people do not need to stockpile fuel as prices would be capped for the next 15 days.

THAILAND

Businesses warned against unjustified price hikes

Post Reporters, Published on 04/03/2026

» Businesses have been cautioned not to exploit the uncertainty of the Middle East conflict by raising goods prices without justification.

BUSINESS

Gold advances as dip-buyers enter market despite dollar strength

Bloomberg News, Published on 04/03/2026

» SINGAPORE — Gold rose, erasing some of the losses in the previous session, as dip-buyers entered a market fraught with risk on the fifth day of war in the Middle East.