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Search Result for “oil fund subsidy”

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THAILAND

State bus operator freezes fares, deploys 7,700 buses for Songkran

Online Reporters, Published on 08/04/2026

» State-run Transport Co Ltd has pledged to keep fares unchanged through April 19 and deploy more than 7,700 buses to handle the annual Songkran travel rush, assuring passengers there will be no one left stranded. 

WORLD

Iran truce spurs hopes for world economy, but recovery will be rocky

AFP, Published on 08/04/2026

» PARIS (FRANCE) - The ceasefire agreed between Iran and the United States should bring some relief to a world economy that has been roiled since the start of hostilities on February 28, even if not all sectors will rebound at the same pace.

BUSINESS

Gold climbs to near three-week high after US, Iran agree to ceasefire

Reuters, Published on 08/04/2026

» BENGALURU — Gold rose to a near three-week high on Wednesday as oil prices and the dollar fell sharply after the United States and Iran agreed to a two-week ceasefire as talks began on ​a permanent end to the ⁠war.

BUSINESS

Middle East war: global economic fallout

AFP, Published on 08/04/2026

» PARIS — Here are the latest economic events in the Middle East war:

THAILAND

Diesel prices to drop 2.14 baht a litre nationwide

Online Reporters, Published on 08/04/2026

» Thailand will slash pump prices for diesel by 2.14 baht a litre from Thursday, offering motorists and businesses immediate relief after the government approved an overhaul of refinery pricing to ease household costs and shore up the heavily indebted Oil Fuel Fund.

THAILAND

Tanker held up in Middle East arrives in Chon Buri

Online Reporters, Published on 08/04/2026

» CHON BURI - An oil tanker that was earlier stranded in the Strait of Hormuz has successfully completed its journey to Chon Buri, delivering its cargo of crude oil to Bangchak Corporation.

WORLD

Jet fuel supplies to take 'months' to recover from war disruption: IATA

AFP, Published on 08/04/2026

» SINGAPORE - It will take months for jet fuel supplies and prices to normalise even with the Strait of Hormuz open, the head of the International Air Transport Association (IATA) said on Wednesday.

BUSINESS

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.

WORLD

Middle East war: ceasefire reactions

AFP, Published on 08/04/2026

» PARIS — The United States and Iran agreed to a two-week ceasefire, with both sides claiming victory.

WORLD

Trump to AFP: Iran deal 'total and complete victory' for US

AFP, Published on 08/04/2026

» WASHINGTON (UNITED STATES) - President Donald Trump told AFP on Tuesday that the United States had won a "total and complete victory" after agreeing a two-week ceasefire deal with Iran.