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Search Result for “petroleum”

Showing 1 - 10 of 1,687

WORLD

Zelensky slams oil sanctions relief for Russia

AFP, Published on 19/04/2026

» KYIV- Ukrainian President Volodymyr Zelensky on Sunday condemned the easing of sanctions on Russian oil after the United States extended a waiver meant to soften surging energy prices driven by the Middle East war.

THAILAND

Iran shuts Hormuz Strait again

News, AFP, MONGKOL BANGPRAPA, Published on 19/04/2026

» Iran's military has again closed the Strait of Hormuz, just hours after briefly reopening the vital shipping lane, sending fresh shockwaves through global energy markets and maritime routes.

OPINION

Hormuz crisis reveals energy resilience gap

News, Laura Carvalho, Published on 18/04/2026

» The closure of the Strait of Hormuz has triggered what the International Monetary Fund calls a "global yet asymmetric" rupture, disrupting the flow of roughly one-quarter of oil, one-fifth of liquefied natural gas, and one-third of fertiliser supplies. Energy and fertiliser prices have risen, supply chains have rerouted, and financial conditions have tightened unevenly around the world.

THAILAND

Calls mount for energy pricing rejig

News, Post Reporters, Published on 17/04/2026

» A coalition of civic groups has called on Energy Minister Akanat Promphan to reform the energy pricing structure, enact laws to reclaim excess refinery profits, and liberalise rooftop solar installation for households.

BUSINESS

Ministry mulls shelving fuel loan

Business, Yuthana Praiwan, Published on 17/04/2026

» The Energy Ministry is weighing whether to abandon plans to borrow 150 billion baht to support the fast-depleting Oil Fuel Fund, following a breakthrough in negotiations with oil refineries to lower diesel prices.

THAILAND

Reduced hours at petrol stations ‘may not be needed’

Post Reporters, Published on 16/04/2026

» The operating hours of petrol stations in Thailand might not have to be reduced on Monday as planned earlier, if fuel supplies remain adequate, according to Energy Minister Akanat Promphan.

WORLD

War in the Middle East: latest developments

AFP, Published on 16/04/2026

» The latest developments in the Middle East war:

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.