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Search Result for “oil prices”

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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

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

Oil dives, stocks surge as Trump agrees to two-week ceasefire

Reuters, Published on 08/04/2026

» SINGAPORE: Oil prices dived, ​bonds rallied and stocks surged on Wednesday after a two-week ceasefire in ​the Middle East spurred a ‌relief rally as investors cheered the possible resumption of oil and gas flowing through the Strait of Hormuz.

BUSINESS

Inflation dips in March, set to surge in Q2

Reuters, Published on 07/04/2026

» Thailand's headline consumer ​price index (CPI) unexpectedly fell by 0.08% in March from a year earlier, following an ​annual fall of 0.88% in the ‌previous month, but the Commerce ministry said on Tuesday that prices were expected to rise significantly in the second quarter of the year.

BUSINESS

Asian airlines trim schedules and carry extra fuel as supplies tighten

Reuters, Published on 07/04/2026

» HONG KONG/SINGAPORE - Airlines across Asia are cutting flights, carrying extra ​fuel from home airports and adding refuelling stops as the Middle East conflict squeezes jet fuel ‌supply in some countries, adding to pressure on an industry already hit by a sharp jump in fuel costs. 

BUSINESS

Gold ticks higher as dollar eases; Iran deal hopes temper oil, inflation concerns

Reuters, Published on 06/04/2026

» Gold prices ticked up in thin European trading as the dollar eased and as markets assessed the impact on oil prices and inflation expectations of a ceasefire proposal in the U.S.-Israel war with Iran.

WORLD

Kuwait says Iranian drones strike oil sector complex, power, government sites

Reuters, Published on 05/04/2026

» Kuwait Petroleum Corporation said ​a fire broke ‌out in its Shuwaikh oil sector complex, which houses the oil ministry and KPC headquarters, after a ​drone ⁠attack, the Kuwaiti state news agency reported early on Sunday.

BUSINESS

Thai business group cuts 2026 GDP growth forecast to 1.2%-1.6%

Reuters, Published on 01/04/2026

» Thailand's ​economy is expected to ‌grow by 1.2% to 1.6% this year, a leading business group said on Wednesday, cutting its outlook from ​an ⁠earlier growth forecast of 1.6% to 2.0%.

WORLD

Asia barters for scarce energy as Iran crisis throttles supplies

Reuters, Published on 01/04/2026

» TOKYO/COLOMBO/WELLINGTON — Indonesia's ​leader visited Tokyo this week in Asia's latest flurry of fuel bartering efforts to offset ‌crippling shortages caused by conflict in the Middle East, a key source of regional energy supplies.

WORLD

Yemen's Houthis enter Iran war with attacks on Israel, while US Marines arrive in region

Reuters, Published on 29/03/2026

» CAIRO/DUBAI: The risk of an expanded ​Iran war grew as Yemen's Iran-aligned Houthis on Saturday launched their first attacks on Israel since ‌the start of the conflict, even as additional U.S. forces reached the Middle East.