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Oil hits five-week high as Middle East supply fears deepen
WEDNESDAY, JULY 22, 2026
WTI closed at US$84.91 and Brent at US$91.01 as US-Iran attacks and a Houthi threat against Saudi shipping intensified supply fears
Kuwaiti tanker Kaifan hit near Strait of Hormuz, crew injured
TUESDAY, JULY 21, 2026
The Kuwait-flagged tanker KAIFAN (IMO 9656046) was struck near Oman, leaving two crew members injured and forcing preparations to abandon ship
Houthi blockade threat opens new front in Iran war
TUESDAY, JULY 21, 2026
A Houthi threat to blockade Saudi shipping raises fresh risks to oil supplies as US-Iran strikes continue despite ceasefire efforts
Trump orders renewed US strikes after troops killed in Jordan
SUNDAY, JULY 19, 2026
President Donald Trump ordered renewed US strikes on Iran after two American troops were killed in Jordan, as Tehran widened attacks across the Gulf.
Navy says vessel in Gulf of Oman report is not Thai
SATURDAY, JULY 18, 2026
The Royal Thai Navy confirms a vessel linked to an incident in the Gulf of Oman was not Thai-flagged, while Thailand’s only cargo ship there remains safe
BOT Monitors Middle East Tension as Baht Drops 6% Year to Date
TUESDAY, JULY 14, 2026
Bank of Thailand Governor Vitai Ratanakorn remains unconcerned by the new Hormuz shipping fees, noting a 5–6% weaker baht boosts trade and tourism
Gold tumbles below $4,000 as oil surge fuels rate fears
TUESDAY, JULY 14, 2026
Gold falls 3% below $4,000 as renewed US-Iran tensions lift oil prices, intensify inflation concerns and strengthen expectations of US rate rises.
Trump warns Iran of 1,000-missile response over assassination threat
SATURDAY, JULY 11, 2026
Donald Trump says 1,000 US missiles are aimed at Iran if Tehran targets him, even as Washington and Tehran signal further talks amid renewed tensions
Thailand cuts fuel prices from July 8 as oil fund adjusts rates
TUESDAY, JULY 07, 2026
Thailand will cut diesel by 2.56 baht per litre and petrol and gasohol by 2.51 baht per litre from July 8 after oil fund rates were adjusted.
Thai car output falls 17.94% in May as Middle East conflict and weak exports hit production
MONDAY, JUNE 29, 2026
Thailand’s May car output fell 17.94% as Middle East conflict and weaker Australia exports hit production, while domestic sales were lifted by BEV demand