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Search Result for “global oil shock”

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WORLD

Iran truce spurs hopes for world economy, but recovery will be rocky

AFP, Published on 08/04/2026

» PARIS (FRANCE) - The ceasefire agreed between Iran and the United States should bring some relief to a world economy that has been roiled since the start of hostilities on February 28, even if not all sectors will rebound at the same pace.

BUSINESS

Gold climbs to near three-week high after US, Iran agree to ceasefire

Reuters, Published on 08/04/2026

» BENGALURU — Gold rose to a near three-week high on Wednesday as oil prices and the dollar fell sharply after the United States and Iran agreed to a two-week ceasefire as talks began on ​a permanent end to the ⁠war.

BUSINESS

Middle East war: global economic fallout

AFP, Published on 08/04/2026

» PARIS — Here are the latest economic events in the Middle East war:

THAILAND

A Silent Crisis: The Rise of Homeless Foreign Nationals in Thailand

Online Reporters, Published on 08/04/2026

» Thailand remains one of the world’s most popular travel destinations. With relaxed visa policies, a relatively low cost of living and social media portraying an easy, carefree lifestyle in cities like Bangkok and Phuket, the country continues to attract visitors from across the globe.

THAILAND

Huawei Cloud Powers Humanica’s Digital Transformation with Scalable, Reliable Infrastructure

Published on 08/04/2026

» Huawei Cloud is supporting the digital transformation of Humanica, Thailand’s leading provider of world-class end-to-end HR and ERP solutions, by delivering reliable and scalable cloud infrastructure that enhances system performance, operational efficiency, and service reliability. 

THAILAND

Diesel prices to drop 2.14 baht a litre nationwide

Online Reporters, Published on 08/04/2026

» Thailand will slash pump prices for diesel by 2.14 baht a litre from Thursday, offering motorists and businesses immediate relief after the government approved an overhaul of refinery pricing to ease household costs and shore up the heavily indebted Oil Fuel Fund.

THAILAND

Tanker held up in Middle East arrives in Chon Buri

Online Reporters, Published on 08/04/2026

» CHON BURI - An oil tanker that was earlier stranded in the Strait of Hormuz has successfully completed its journey to Chon Buri, delivering its cargo of crude oil to Bangchak Corporation.

THAILAND

Sri Trang Gloves Secures Global Sustainable Finance Award for Manufacturing Excellence.

Published on 08/04/2026

» Sri Trang Gloves (Thailand) Public Company Limited (STGT), Global Leader in the Sustainable Manufacturing and Distribution of Rubber Gloves, has been honored with the “Best Sustainability-Linked Loan – Manufacturing” award at The Asset Triple A Awards for Sustainable Finance 2026, under the ASEAN Deal Awards – Thailand category. The award ceremony was held on 31 March 2026 at the Four Seasons Hotel Hong Kong, Hong Kong SAR, People’s Republic of China. This recognition underscores STGT’s strong commitment to integrating environmental goals into its financial strategy and highlights its tangible progress in advancing sustainable finance.

WORLD

Jet fuel supplies to take 'months' to recover from war disruption: IATA

AFP, Published on 08/04/2026

» SINGAPORE - It will take months for jet fuel supplies and prices to normalise even with the Strait of Hormuz open, the head of the International Air Transport Association (IATA) said on Wednesday.

BUSINESS

Jet fuel supply could take months to recover after Hormuz reopening

Reuters, Published on 08/04/2026

» SINGAPORE — The head of a ​body representing global airlines said on Wednesday that even if Iran reopened the Strait ​of Hormuz it would take months ‌for jet fuel supply to recover given disruptions to Middle East refining capacity.