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Search Result for “trade war”

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BUSINESS

UAE quits Opec in blow to global oil cartel

Published on 28/04/2026

» DUBAI - The United Arab Emirates said on Tuesday it was quitting Opec and ​Opec+, dealing a heavy blow to the ‌oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.

BUSINESS

Thai Airways to almost double fuel surcharges this week

Online Reporters, Published on 28/04/2026

» Thai Airways International will raise its fuel surcharges by nearly 100% on many routes for tickets issued from May 1 onwards to cope with the soaring price of jet fuel.

WORLD

War in the Middle East: latest developments

AFP, Published on 28/04/2026

» PARIS — The latest developments in the Middle East war:

THAILAND

Siam Paragon presents “NEXTOPIA Local Harvest Coffee Fest 2026”

Published on 28/04/2026

» Siam Paragon, a world-class destination and the preferred choice of both Thai and international visitors, continues to reinforce its commitment to creating extraordinary experiences and promoting sustainable living. Siam Paragon proudly presents “NEXTOPIA Local Harvest Coffee Fest 2026,” taking place from April 23 to May 12, 2026, at NEXTOPIA on the fifth floor of the Bangkok shopping mall. The festival invites visitors to explore a reimagined coffee culture that seamlessly blends global heritage with the richness of Thai communities.

THAILAND

Thai foreign minister voices frustration with US

Published on 28/04/2026

» Thai Foreign Minister Sihasak Phuangketkeow has expressed frustration with the United States, saying the country has received no offers of help from Washington with the wide-ranging economic damage from the American-Israeli war against Iran.

THAILAND

Cabinet backs power tariff reform, B3 cap on initial 200 units

Online Reporters, Published on 28/04/2026

» The cabinet has approved measures to ease household electricity costs and push a national energy agenda aimed at mitigating the impact of volatile energy prices, promoting efficient energy use, easing the burden on the public and reducing reliance on imported fuel.

BUSINESS

Finance Ministry cuts 2026 growth forecast to 1.6% due to Middle East war

Reuters, Published on 28/04/2026

» Thailand’s Ministry of Finance lowered its 2026 growth forecast to 1.6% from 2.0%, citing the impact of the war in the Middle East, and said government measures would provide some support to activity.

WORLD

S. Korea probes syringe hoarding as war hits plastic makers

AFP, Published on 28/04/2026

» SEOUL - South Korean police said on Tuesday they were investigating firms suspected of hoarding medical syringes, as the Middle East war hits supplies of an oil-derived component crucial for making many plastic goods.

WORLD

Crude price edges up as Trump considers latest Iran proposal

AFP, Published on 28/04/2026

» HONG KONG - Oil prices edged up and stocks wavered Tuesday as Donald Trump weighed an Iranian proposal that would reportedly re-open the Strait of Hormuz and end the eight-week-old war.

WORLD

Nations gather for fossil-fuel exit talks

AFP, Published on 28/04/2026

» SANTA MARTA, Colombia - Representatives of about 50 governments meet in Colombia on Tuesday for the first international talks on phasing out planet-heating fossil fuels, against a  backdrop of the Iran war and a global energy crunch.