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Oil hits six-week high as risks mount in two key straits, Thai pump prices rise
Oil hits six-week high as risks mount in two key straits, Thai pump prices rise
THURSDAY, JULY 23, 2026
Oil prices rose more than 3% as US-Iran attacks and Houthi threats to Red Sea shipping fuelled fears of tighter global suppliesFuel committee raises pump prices by 90 satang from July 23
Fuel committee raises pump prices by 90 satang from July 23
WEDNESDAY, JULY 22, 2026
Petrol, gasohol and diesel prices rose across Thailand on July 23 as Middle East tensions drove up global oil and shipping costsIran closes Hormuz as US strikes deepen regional crisis
Iran closes Hormuz as US strikes deepen regional crisis
THURSDAY, JUNE 11, 2026
Iran says the Strait of Hormuz is closed after new US strikes, while Washington denies transit has stopped as Gulf tensions intensifyOil gains as fragile Iran ceasefire keeps Hormuz largely shut
Oil gains as fragile Iran ceasefire keeps Hormuz largely shut
TUESDAY, MAY 12, 2026
Oil markets rose after Trump said the Iran ceasefire was on life support, with Hormuz disruption still clouding global supplies57% plunge — Iran war hammers Thai exports to Middle East
57% plunge — Iran war hammers Thai exports to Middle East
SATURDAY, MAY 09, 2026
Thailand’s exports to the Middle East slumped 57% as the Iran conflict disrupted shipping routes, forcing Bangkok to seek alternative marketsHormuz traffic nearly stops as only five ships pass in 24 hours
Hormuz traffic nearly stops as only five ships pass in 24 hours
SATURDAY, APRIL 25, 2026
Only five ships passed through the Strait of Hormuz in 24 hours, far below the pre-war average of 140 daily crossingsHormuz crisis opens door for Thailand’s THB1tn Land Bridge
Hormuz crisis opens door for Thailand’s THB1tn Land Bridge
SATURDAY, APRIL 25, 2026
Transport Minister Phipat says Thailand’s Land Bridge could gain strategic value from Hormuz risks, with a Cabinet proposal due by JulyXi breaks silence, urges Saudi crown prince to reopen Hormuz
Xi breaks silence, urges Saudi crown prince to reopen Hormuz
TUESDAY, APRIL 21, 2026
China’s Xi Jinping calls Saudi Crown Prince Mohammed bin Salman, urging normal traffic through the Strait of Hormuz and an immediate ceasefireIs Bab al-Mandeb becoming a second Hormuz?
Is Bab al-Mandeb becoming a second Hormuz?
TUESDAY, APRIL 07, 2026
A new threat to Bab al-Mandeb could deepen the global energy crisis, disrupt Europe-bound shipping and shake trade far beyond the Middle EastMiddle East bloc of 12 nations urges Iran to halt attacks, keep shipping lanes open
Middle East bloc of 12 nations urges Iran to halt attacks, keep shipping lanes open
SATURDAY, MARCH 21, 2026
Twelve Middle Eastern countries call on Iran to stop attacks and avoid disrupting key global shipping routes, including the Strait of Hormuz