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Search Result for “cheaper prices”

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WORLD

Middle East countries cut daily oil output as ships stay clear of Hormuz

Bloomberg News, Published on 10/03/2026

» LONDON — Oil production cuts in the Middle East are deepening as the crucial Strait of Hormuz waterway remains at a near-standstill, widening the chaos in energy markets.

BUSINESS

Asian LNG buyers struggling to find supplies

Published on 10/03/2026

» Some Asian buyers of liquefied natural gas are struggling to find prompt cargoes after a war-related outage at the world’s largest export facility in Qatar tightened global supplies.

WORLD

Asia airlines hike fares, eye groundings on fuel crunch risk

Bloomberg News, Published on 10/03/2026

» SINGAPORE — Airlines in Asia are raising ticket prices and mapping out contingency plans that include grounding planes as the escalating Middle East conflict threatens to trigger the worst oil shock since the 1970s.

WORLD

Trump says will waive some oil sanctions as Iran war roils markets

AFP, Published on 10/03/2026

» DORAL (UNITED STATES) - US President Donald Trump said Monday that he will waive some sanctions on oil to boost supply and bring down prices, due to market turmoil over war in the Middle East.

WORLD

Iran war has airlines reviewing growth plans as fuel surges

Published on 10/03/2026

» Until last month, airlines couldn’t get new aircraft fast enough, with both Airbus SE and Boeing struggling to keep up with surging demand. 

WORLD

Trump signals possible end to war, floats removing oil sanctions

Published on 10/03/2026

» US President Donald Trump said he plans to waive oil-related sanctions, have the US Navy escort tankers through the Strait of Hormuz and predicted the war with Iran would resolve “very soon” as he confronted mounting economic and political pressures after days of dramatic fluctuations in oil markets.

BUSINESS

Rising energy costs imperil Thai manufacturer's profits

Business, Kuakul Mornkum, Published on 10/03/2026

» Geopolitical conflicts in the Middle East are driving up energy costs, potentially affecting the logistics operations and packaging manufacturing arm of SET-listed Osotspa Plc (OSP), a Thai consumer product manufacturing conglomerate.

BUSINESS

Tourism braces for impact of Mideast war

Business, Narumon Kasemsuk, Published on 10/03/2026

» Thai tourism should brace for an influx of foreigners seeking a safe haven amid growing geopolitical conflict, similar to the surge experienced during the Russia-Ukraine War a few years ago, when Russian arrivals rose to 1.74 million in 2024, significantly impacting property markets in tourism cities.

PROPERTY

SC Asset persists with shift to non-residential business

Kanana Katharangsiporn, Published on 10/03/2026

» SET-listed developer SC Asset Corporation will continue shifting towards non-residential business, aiming to increase its contribution to net profit to 30% by 2030 from 20% last year.

BUSINESS

Restaurants call for anti-inflation support

Business, Somhatai Mosika, Published on 10/03/2026

» The Thai Restaurant Association is calling on the government to support the restaurant industry amid the ongoing conflict in the Middle East.