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Search Result for “oil”

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WORLD

Venezuela's Maduro back in US court after stunning capture

AFP, Published on 26/03/2026

» NEW YORK - Ousted Venezuelan president Nicolas Maduro will appear Thursday in a New York court for the second time since his capture by US forces in an extraordinary nighttime raid.

BUSINESS

Cathay to increase fuel surcharge for all flights by 34%

South China Morning Post, Published on 26/03/2026

» HONG KONG - Hong Kong flag carrier Cathay Pacific Airways will increase its fuel surcharge for all flights by 34% from April - the second increase in two weeks - citing "considerable pressure" as conflict in the Middle East impacts oil prices.

BUSINESS

Malaysia cuts subsidised fuel quotas on global oil price surge

Bloomberg News, Published on 26/03/2026

» KUALA LUMPUR - Malaysia’s government will cut subsidised allocations for its most popular fuel from April as it seeks to curb leakages and relieve fiscal pressure from a surge in oil prices owing to the Middle East conflict.

THAILAND

Cabinet approves measures to ease fuel cost impact

Online Reporters, Published on 26/03/2026

» The caretaker cabinet on Thursday approved a series of measures aimed at easing the impact of soaring fuel prices on households and businesses, ranging from welfare card top-ups to soft loans for small businesses.

WORLD

Israel strikes Iran as Trump insists Tehran wants a deal

AFP, Published on 26/03/2026

» TEHRAN - Israel struck new targets across Iran on Thursday, after Tehran rejected US overtures to wind down the nearly four-week Middle East war and vowed to keep up its “resistance”.

THAILAND

Oil fund defends sudden steep price hikes

Mongkol Bangprapa, Published on 26/03/2026

» The Oil Fuel Fund Office has defended the sharp six‑baht rise in fuel prices across Thailand, saying the increase was driven by soaring global oil prices and the need to maintain the fund’s financial stability.

BUSINESS

Baht may fall further on oil price exposure

Published on 26/03/2026

» A historic surge in oil prices is exposing the fragility of import-dependent Thailand, compounding pressure on an already weakening currency and raising the risk of capital flight, analysts say.

THAILAND

Prices frozen for necessary consumer products

Online Reporters, Published on 26/03/2026

» The prices of some necessary consumer products will be frozen while those of other products will rise, according to Commerce Minister Suphajee Suthumpun.

THAILAND

Ex-energy minister denounces fuel hike ‘robbery’

Online Reporters, Published on 26/03/2026

» Former energy minister Pirapan Salirathavibhaga has lashed out at the government over the sharp increase in retail fuel prices, describing the move as “robbery” after authorities approved a reduction in subsidies.

BUSINESS

Fuel shock pushes Thai fishery close to shutdown

Published on 26/03/2026

» SAMUT SAKHON - A ​surge in diesel prices triggered by the US-Israeli war on Iran is pushing Thailand’s ​multibillion-dollar fishing industry towards a standstill, with ‌fishermen warning that their boats could be idled within days unless the government steps in.