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Phuket luxury hotels face weaker demand and rising supply
Phuket luxury hotels face weaker demand and rising supply
TUESDAY, JULY 28, 2026
Phuket’s luxury and upscale hotels saw occupancy and RevPAR fall in the first half of 2026 as guest numbers dipped and room supply grew.US Missile Strikes Escalated Against Iran as Oil Prices Soar Above $100
US Missile Strikes Escalated Against Iran as Oil Prices Soar Above $100
SATURDAY, JULY 25, 2026
US strikes hit Iranian targets for a 13th night while Tehran retaliates against Gulf bases, sparking global economic turmoil and shipping diversionsBrent oil surges past $90 as US-Iran conflict hits Gulf shipping
Brent oil surges past $90 as US-Iran conflict hits Gulf shipping
MONDAY, JULY 20, 2026
Oil prices jumped on Monday, with Brent crude rising above US$90 a barrel, as renewed US-Iran attacks disrupted shipping through the Strait of Hormuz.Thai Navy warns operators to avoid high-risk Strait of Hormuz after Thai-flagged ship reportedly intercepted
Thai Navy warns operators to avoid high-risk Strait of Hormuz after Thai-flagged ship reportedly intercepted
SATURDAY, JULY 18, 2026
The Royal Thai Navy has warned Thai shipping operators to avoid the Strait of Hormuz, which remains at the highest risk level, after Iranian media claimed a Thai-flagged vessel was intercepted by the IRGC.Iran urges Houthis to prepare for possible Red Sea oil route closure
Iran urges Houthis to prepare for possible Red Sea oil route closure
FRIDAY, JULY 17, 2026
A reported Iranian request and Houthi deployments near Bab el-Mandeb could leave the Middle East’s two main oil-export corridors disrupted at the same time.Japan weighs restoring naphtha reserves amid Middle East supply risks
Japan weighs restoring naphtha reserves amid Middle East supply risks
THURSDAY, JULY 16, 2026
The government is studying storage options and costs as Middle East tensions highlight Japan's heavy dependence on naphtha and crude from the region.Trump orders Hormuz blockade, drops 20% fee plan for Gulf investment deals
Trump orders Hormuz blockade, drops 20% fee plan for Gulf investment deals
WEDNESDAY, JULY 15, 2026
US President Donald Trump has escalated military pressure on Iran by ordering a full blockade of Iranian ports, while abruptly dropping a proposed 20% security fee on ships passing through the Strait of Hormuz in favour of major trade and investment deals with Arab states.Thai hotels cut room rates as Middle East conflict weakens demand
Thai hotels cut room rates as Middle East conflict weakens demand
WEDNESDAY, JULY 15, 2026
While half of hotels expected fewer tourists amid the Middle East conflict, 38% saw customer numbers fall more sharply than forecast.Trump restarts Iran hostilities and demands 20% Hormuz fee
Trump restarts Iran hostilities and demands 20% Hormuz fee
TUESDAY, JULY 14, 2026
Trump has formally notified Congress of renewed hostilities with Iran while announcing a US blockade and a proposed 20% charge on goods crossing the Strait of HormuzIran closes Hormuz again as Gulf attacks widen, Thai embassy warns citizens in Kuwait
Iran closes Hormuz again as Gulf attacks widen, Thai embassy warns citizens in Kuwait
MONDAY, JULY 13, 2026
Iran says it has closed the Strait of Hormuz after fresh ship incidents, while missile and drone attacks across Gulf states deepen concern over energy flows and Thai citizens in Kuwait are urged to avoid risk areas.