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Search Result for “oil spill”

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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

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

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.

BUSINESS

Thai bourse buoyant on return of foreign investors

Nuntawun Polkuamdee, Published on 10/03/2026

» The Stock Exchange of Thailand (SET) has expressed confidence that foreign investors will return to Thai equities once geopolitical tensions subside, noting that Thailand could serve as a regional safe haven and that the bourse has robust mechanisms to manage volatility during periods of crisis.

BUSINESS

Crisis seen as opportunity for Thailand

Business, Wichit Chantanusornsiri, Published on 10/03/2026

» The crises arising from geopolitics and geoeconomics may represent Thailand's last chance to adapt and seize new opportunities, according to caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

Thailand's smartphone market likely to face contraction

Business, Suchit Leesa-nguansuk, Published on 10/03/2026

» Thailand's smartphone market is likely to contract amid economic uncertainty, the Middle East conflict and rising memory component costs, according to Thai Samsung Electronics Co.

THAILAND

Govt moves to curb fuel prices

News, Published on 10/03/2026

» The cabinet is expected to approve a series of short- and medium-term energy management measures on Tuesday to cope with surging global energy prices driven by the conflict in the Middle East.

THAILAND

Food prices rise in Betong district amid fuel worries

News, Post Reporters, Published on 10/03/2026

» Residents in Betong district of Yala province are facing rising food prices and tighter fuel supplies as the hot, dry season intensifies and concerns grow over global oil disruptions linked to the ongoing conflict in the Middle East.

WORLD

France, allies preparing bid to 'gradually' reopen Strait of Hormuz

AFP, Published on 10/03/2026

» ABOARD THE FRENCH AIRCRAFT CARRIER CHARLES DE GAULLE - France and its allies are preparing a "defensive" mission to reopen the strategically vital Strait of Hormuz, President Emmanuel Macron said Monday as the Middle East war entered its second week.