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Search Result for “petroleum”

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WORLD

Japan to provide $10 billion to Southeast Asia to ease oil price strain

Kyodo News, Published on 15/04/2026

» KYODO — Japan has decided to provide a total of US$10 billion in financial support to Southeast Asian nations struggling with surging crude oil prices amid tensions in the Middle East, government sources said Wednesday.

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.

WORLD

US begins blockade of Iranian ports

Reuters, Published on 14/04/2026

» DUBAI - The US military began a blockade of Iran’s ports, angering Tehran and adding uncertainty around ​the crucial waterway, although hopes for dialogue to end the war provided some relief to ‌oil markets where benchmark prices fell below $100 a barrel on Tuesday.

BUSINESS

Measures aim to spur plastic recycling

Business, Lamonphet Apisitniran, Published on 11/04/2026

» Industry Minister Varawut Silpa-archa has announced urgent measures to accelerate plastic recycling in Thailand as the country grapples with a shortage of plastics caused by the ongoing Israel–US conflict with Iran.

OPINION

A US-founded alliance worth keeping around

News, John J Metzler, Published on 11/04/2026

» Nato is again in the rhetorical crosshairs as the Trump administration has chided some European members for not allowing American aircraft to transit through America's European bases.

THAILAND

Premier ducks queries on legal action by refiners

News, Post Reporters, Published on 10/04/2026

» Prime Minister Anutin Charnvirakul declined to directly address concerns over private refiners preparing legal action against the government after it ordered a reduction in diesel refining margins, instead referring reporters to Energy Minister Akanat Promphan for clarification.

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.

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.

LEARNING

Petrol stations may be closed overnight

Gary Boyle, Published on 08/04/2026

» Petrol stations may be ordered to close from 10pm to 5am after Songkran, to help conserve fuel, Prime Minister Anutin Charnvirakul warned on Tuesday.