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Search Result for “Strait of Hormuz blockade”

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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.

BUSINESS

Crude prices plunge, stocks surge as US and Iran agree ceasefire

AFP, Published on 08/04/2026

» HONG KONG — Oil prices plunged on Wednesday while stocks rallied after the United States and Iran agreed to a two-week ceasefire that will see Tehran temporarily reopen the vital Strait of Hormuz.

BUSINESS

A defining energy shock and Thailand's economic resilience

Business, Nalinee Taveesin, Published on 08/04/2026

» The global economy has entered a new phase of uncertainty. The escalating conflict in the Middle East has triggered what the International Energy Agency describes as the most severe energy supply disruption in modern history.

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

Hopes for early end to war lift sentiment

Business, Maybank Securities Thailand, Published on 07/04/2026

» The war in Iran continues with ongoing attacks by both sides, while Iran's closure of the Strait of Hormuz weighs on investor sentiment.

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.

BUSINESS

Toyota to chat with authorities on oil, power

Lamonphet Apisitniran, Published on 06/04/2026

» Toyota Motor Thailand is preparing to hold talks with the new government on oil and electricity policies, as surging energy prices weigh heavily on consumers considering car purchases.

BUSINESS

Global tensions hit home

Business, Somruedi Banchongduang, Somhatai Mosika and Lamonphet Apisitniran, Published on 06/04/2026

» With the US-Israel battle against Iran entering its sixth week, the global economy continues to feel the effects stemming from the closure of a key oil shipping route, the Strait of Hormuz.

BUSINESS

Analyst urges united front on hardships

Business, Wichit Chantanusornsiri, Published on 06/04/2026

» Dealing with crises is not the responsibility of an individual or the government alone -- it requires a collective effort as new crises often arise before existing ones have been fully resolved, says an analyst from Thailand Development Research Institute (TDRI).

BUSINESS

Oil refineries in the spotlight

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

» A proposal for the government to intervene in oil refinery costs and profits was not included as one of the seven measures recently unveiled to ease the consumer impact of surging global crude oil prices.