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Search Result for “oil spill”

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WORLD

Two-thirds of Cuba, including Havana, hit by blackout

AFP, Published on 05/03/2026

» HAVANA - A grid failure knocked out power Wednesday to two-thirds of Cuba including Havana, the national electric company UNE said, the latest electricity collapse for residents suffering daily impacts of US-imposed energy restrictions.

WORLD

After oil, US moves to secure access to Venezuelan minerals

AFP, Published on 05/03/2026

» CARACAS - US mining companies are lining up to invest in Venezuela, Interior Secretary Doug Burgum said during a visit to Caracas on Wednesday as he pushed for greater access to critical minerals.

BUSINESS

Mideast war weighs on transport costs

Business, Suchit Leesa-nguansuk, Published on 05/03/2026

» Rising geopolitical tensions in the Middle East are beginning to disrupt maritime transport, affecting shipping routes and port operations, which could have spillover effects on global supply chains, according to end-to-end global logistics services provider.

BUSINESS

Baht faces pressure from oil upswing

Business, Nareerat Wiriyapong, Published on 05/03/2026

» The baht could slide beyond 33 to the US dollar, with high volatility possible if the war in the Middle East is prolonged, forcing Thailand, a net oil importer, to pay a significantly higher import bill, according to Kasikorn Research Center (K-Research).

BUSINESS

Mideast conflict a major roadblock for long-haul markets

Business, Molpasorn Shoowong, Published on 05/03/2026

» As the conflict in the Middle East weighs on global travel prices and travellers' pocketbooks, tourism operators project long-haul markets in 2026 will fall short of last year's 10 million arrivals.

BUSINESS

Bourse faces downside risks as tensions rise

Published on 05/03/2026

» Thai equities still have downside risk amid heightened volatility as escalating tensions in the Middle East threaten global energy supply routes, with strategists warning only a handful of sectors are likely to withstand a prolonged crisis.

THAILAND

Fuel price rises start to bite

News, Published on 05/03/2026

» Fears of a prolonged Middle East conflict disrupting global energy supplies are rippling across Thailand, triggering price anxieties, panic buying and warnings of logistical strain.

BUSINESS

TOA banks on premium paints as growth sags

Business, Kanana Katharangsiporn, Published on 05/03/2026

» SET-listed TOA Paint (Thailand) plans to continue launching new products in the premium segment while expanding into the economy segment amid a slowing economic outlook, targeting 4% sales growth this year.

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.

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.