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Search Result for “water scarcity gulf”

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BUSINESS

Thailand central bank cuts 2026 growth, says no limits to worst-case scenarios if war continues

Reuters, Published on 16/04/2026

» WASHINGTON - Thailand faces slower growth this year due to the Iran war and there are almost "no limits" to worst-case economic scenarios if the conflict continues, a senior Bank of Thailand official told Reuters.

BUSINESS

Foreign investors flee Thailand as Iran war, energy shock dash hope for economic revival

Reuters, Published on 16/04/2026

» SINGAPORE - Foreign investors are selling Thai assets as an energy shock from the US-Israeli war on Iran threatens to snuff out hopes ​for an economic revival under Prime Minister Anutin Charnvirakul and exposes the policy paralysis that is gripping Bangkok.

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

Gulf allays concerns over LNG supplies

Business, Yuthana Praiwan, Published on 11/04/2026

» Natural gas remains a cornerstone of global power generation despite mounting concerns over liquefied natural gas (LNG) shortages linked to Middle East tensions, according to Gulf Development Plc, Thailand's largest energy company by market value and a major telecoms operator.

BUSINESS

Cautious optimism for ceasefire supports shares

Business, Nuntawun PolkuamdeeNareerat Wiriyapong, Published on 11/04/2026

» RECAP: Asian equities rose yesterday as investors returned to risk assets after the US-Iran ceasefire deal, although concerns about its durability kept a lid on gains.

BUSINESS

Long break eases pressure on oil reserves

Business, Yuthana Praiwan, Published on 09/04/2026

» The long holiday during the Songkran festival may ease pressure on Thailand's oil reserves, as demand for diesel is expected to decrease during this period, says the Department of Energy Business.

BUSINESS

Mideast truce met with market caution

Business, Nareerat Wiriyapong and Somhatai Mosika, Published on 09/04/2026

» Business leaders and analysts gave a lukewarm welcome to the two-week ceasefire deal between the US and Iran, saying the proposed conditions of the truce seem difficult for both sides to agree to, while significant uncertainties remain, particularly ahead of their Islamabad talks on April 10.