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Jet fuel supply could take months to recover after Hormuz reopening
Reuters, Published on 08/04/2026
» SINGAPORE — The head of a body representing global airlines said on Wednesday that even if Iran reopened the Strait of Hormuz it would take months for jet fuel supply to recover given disruptions to Middle East refining capacity.
Brazil blacklists BYD for slave labour conditions at its biggest plant outside China
South China Morning Post, Published on 08/04/2026
» RIO DE JANEIRO — Brazil's labour ministry on Tuesday added Chinese electric vehicle (EV) giant BYD (Build Your Dreams) to a registry of employers found to have subjected workers to conditions analogous to slavery, limiting access to state financing and increasing reputational risks in its most important market outside China.
Crude prices plunge, stocks surge as US and Iran agree ceasefire
AFP, Published on 08/04/2026
» HONG KONG — Oil prices plunged on Wednesday while stocks rallied after the United States and Iran agreed to a two-week ceasefire that will see Tehran temporarily reopen the vital Strait of Hormuz.
Thai manufacturers to get new assistance package
Business, Lamonphet Apisitniran, Published on 08/04/2026
» Newly appointed Industry Minister Varawut Silpa-archa has vowed to help Thai manufacturers weather the impact of geopolitical conflict and rising energy costs, while steering the country's industrial sector towards greener, more sustainable practices under the government's bio-, circular and green (BCG) economic model.
Inflation poised to rise as sentiment weakens
Business, Somhatai Mosika, Published on 08/04/2026
» Headline inflation is projected to rise in April for the first time in over a year, or since March 2025, while the consumer confidence index (CCI) fell sharply in March. Both are largely influenced by the Middle East conflict and rising energy prices, according to the Trade Policy and Strategy Office (TPSO).
J&T Express drives delivery push with EVs, automation
Business, Suchit Leesa-nguansuk, Published on 08/04/2026
» Amid rising cost pressures and intensifying competition in Thailand's logistics sector, J&T Express is accelerating efforts to bolster operational efficiency by investing in automated sorting technologies while piloting electric vehicles to reduce exposure to volatile fuel prices.
Epac cuts ex-refinery prices by 2 baht per litres
Yuthana Praiwan, Published on 07/04/2026
» The Energy Policy Administration Committee (Epac) has resolved to reduce ex-refinery prices by 2 baht per litre, a move expected to lower domestic diesel prices by 2.14 baht per litre by this Friday.
US fund Pershing Square launches takeover bid for Universal Music
AFP, Published on 07/04/2026
» PARIS — American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday that it had offered to buy Universal Music Group in a merger, saying it believed the music giant was undervalued by stock markets.
South Korea eases Chinese travel visas but Southeast Asia rivals, Iran war cloud outlook
South China Morning Post, Published on 07/04/2026
» Repeat short-haul visits by Chinese travellers to South Korea are expected to rise after Seoul eased multiple-entry visa rules, but analysts say the immediate impact may be limited because of growing competition from Southeast Asia and higher airfares linked to the US-Israeli war in Iran.
Asian airlines trim schedules and carry extra fuel as supplies tighten
Reuters, Published on 07/04/2026
» HONG KONG/SINGAPORE - Airlines across Asia are cutting flights, carrying extra fuel from home airports and adding refuelling stops as the Middle East conflict squeezes jet fuel supply in some countries, adding to pressure on an industry already hit by a sharp jump in fuel costs.