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Search Result for “oil”

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WORLD

First Iranian oil tankers exit Gulf since US blockade

AFP, Published on 17/04/2026

» Three Iranian oil tankers carrying a total of five million barrels of crude have become the first such loaded vessels to leave the Gulf through the Strait of Hormuz since a US blockade came into force, the tracking firm Kpler told AFP on Friday.

LIFE

Stella McCartney and H&M releases newest collection with sustainability at its core

Online Reporters, Published on 17/04/2026

» Marking a 20-year return since their first collaboration, H&M (Hennes & Mauritz) officially launches a brand-new collection with British fashion label Stella McCartney set to release on May 7.

WORLD

Pope visits Cameroon city hit by post-vote protest deaths

AFP, Published on 17/04/2026

» DOUALA - Pope Leo XIV will offer mass on Friday in Cameroon's economic capital Douala, the biggest event of a visit marked by his calls for peace and spat with US President Donald Trump.

BUSINESS

Trump brushes off high fuel costs as ‘fake’ in economic speech

New York Times, Published on 17/04/2026

» LAS VEGAS — United States President Donald Trump on Thursday dismissed high fuel costs amid his war with Iran, claiming that the economic damage inflicted by the war was much less severe than expected.

BUSINESS

New rules to boost data centre power

Business, Yuthana Praiwan, Published on 17/04/2026

» The Energy Regulatory Commission (ERC) has finished drafting requirements for investors in data centres and other electricity-intensive businesses, mandating bank guarantees or collateral to secure power purchases.

BUSINESS

Fuel crisis upends state's fiscal plans

Business, Wichit Chantanusornsiri, Published on 17/04/2026

» The energy crisis may pose a challenge for the government in pursuing its fiscal plan, which aims to reduce the fiscal deficit to no more than 3% of GDP, increase revenue through a higher value-added tax (VAT), and keep public debt below 70% of GDP, according to the Finance Ministry.

THAILAND

New push to keep fares low

News, Chairith Yonpiam, Published on 17/04/2026

» The government has approved a 2.06 billion baht support package for the transport sector, aiming to cushion the impact of rising fuel prices, stabilise fares and ease pressure on household living costs.

THAILAND

Calls mount for energy pricing rejig

News, Post Reporters, Published on 17/04/2026

» A coalition of civic groups has called on Energy Minister Akanat Promphan to reform the energy pricing structure, enact laws to reclaim excess refinery profits, and liberalise rooftop solar installation for households.

BUSINESS

Agency raises diesel price ceiling in cost formula

Business, Wichit Chantanusornsiri, Published on 17/04/2026

» The Comptroller General's Department has raised the diesel price ceiling used in calculating reference prices for public construction projects to no more than 69.99 baht per litre, in order to reflect the rising costs of government construction works resulting from the war in the Middle East.

BUSINESS

Ministry mulls shelving fuel loan

Business, Yuthana Praiwan, Published on 17/04/2026

» The Energy Ministry is weighing whether to abandon plans to borrow 150 billion baht to support the fast-depleting Oil Fuel Fund, following a breakthrough in negotiations with oil refineries to lower diesel prices.