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Search Result for “fishing vessels”

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BUSINESS

Oil prices fall for a second day on expectations US-Iran talks may resume

Reuters, Published on 15/04/2026

» TOKYO: Oil prices fell for a second day on Wednesday on expectations peace talks between the U.S. and Iran may resume and eventually release supply from the key Middle East producing region trapped by the closure of the Strait of ​Hormuz.

BUSINESS

Oil tankers steer clear of Hormuz ahead of US blockade

Reuters, Published on 13/04/2026

» SINGAPORE - ​Oil tankers are steering clear of the Strait of Hormuz ahead of a US blockade later on Monday following failed peace talks between the United States and Iran over the weekend, shipping data showed.

BUSINESS

Oil jumps 8% to above $100 ahead of US blockade on Strait of Hormuz

Reuters, Published on 13/04/2026

» SINGAPORE: Oil prices jumped above $100 a ‌barrel on Monday as the U.S. Navy prepared a blockade of the Strait of Hormuz that could restrict Iranian oil shipments after the U.S. and Iran failed to reach a deal to end the war.

BUSINESS

Thai export pain set to continue despite Mideast truce

Business, Nareerat Wiriyapong, Published on 11/04/2026

» The reopening of the Strait of Hormuz with fee collection as proposed by Iran, together with high oil prices, is dampening the prospects for Thai exports and may push overseas shipments into contraction this year, economists say.

BUSINESS

Huge loan needed to finance fuel subsidies

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

» Thailand's Oil Fuel Fund is seeking a loan of up to 150 billion baht to stabilise its finances and continue subsidising domestic fuel prices as global diesel costs soar, according to Prasert Sinsukprasert, energy permanent secretary.

BUSINESS

Oil refineries in the spotlight

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

» A proposal for the government to intervene in oil refinery costs and profits was not included as one of the seven measures recently unveiled to ease the consumer impact of surging global crude oil prices.

BUSINESS

Stock selloff builds as Iran war widens, oil gains

Bloomberg, Published on 30/03/2026

» Stocks sold off and crude oil climbed as tensions in the Middle East intensified, with Iran-backed Houthi forces entering the conflict and an expanded US military presence raising concerns about a prolonged confrontation.

BUSINESS

Delayed Iran deadline gives investors a breather

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 28/03/2026

» RECAP: Asian shares ‌pared losses on Friday as another delayed deadline in the Middle East war nudged oil prices lower, though there was still no end in sight to the unfolding energy crunch on the global economy.

BUSINESS

Malaysia cuts subsidised fuel quotas on global oil price surge

Bloomberg News, Published on 26/03/2026

» KUALA LUMPUR - Malaysia’s government will cut subsidised allocations for its most popular fuel from April as it seeks to curb leakages and relieve fiscal pressure from a surge in oil prices owing to the Middle East conflict.

BUSINESS

Fuel shock pushes Thai fishery close to shutdown

Reuters, Published on 26/03/2026

» SAMUT SAKHON - A ​surge in diesel prices triggered by the US-Israeli war on Iran is pushing Thailand’s ​multibillion-dollar fishing industry towards a standstill, with ‌fishermen warning that their boats could be idled within days unless the government steps in.