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US and Iran give negotiators 60 days to reach final peace deal
US and Iran give negotiators 60 days to reach final peace deal
TUESDAY, MAY 26, 2026
The US and Iran say a draft MOU has made major progress, with the deal expected to pause the war and allow 60 days for final peace talks.Idemitsu tanker reaches Japan with Saudi crude after Hormuz transit
Idemitsu tanker reaches Japan with Saudi crude after Hormuz transit
MONDAY, MAY 25, 2026
The Idemitsu Maru entered Ise Bay with Saudi crude, marking Japan’s first tanker arrival after a Strait of Hormuz passage during tensions involving Iran.Oil short bets ahead of Trump’s key Iran announcements hit US$7bn
Oil short bets ahead of Trump’s key Iran announcements hit US$7bn
FRIDAY, MAY 08, 2026
Reuters analysis says traders placed short positions across crude, diesel and gasoline futures before Trump’s Iran announcements, drawing scrutiny.Bank of Japan Holds Rate as Inflation Outlook Climbs on Crude Costs
Bank of Japan Holds Rate as Inflation Outlook Climbs on Crude Costs
TUESDAY, APRIL 28, 2026
The Bank of Japan left its benchmark short-term rate near 0.75 per cent after a split vote, while higher crude oil prices pushed up its fiscal 2026 core CPI forecast.Japan's fishing industry buckles under Middle East oil shock
Japan's fishing industry buckles under Middle East oil shock
SUNDAY, APRIL 19, 2026
Japanese fishing operators are struggling with soaring fuel, bait and shipping supply costs as Middle East tensions drive up crude prices and erode margins.Hormuz turmoil deepens as crude surges on renewed Trump threats
Hormuz turmoil deepens as crude surges on renewed Trump threats
FRIDAY, APRIL 03, 2026
A failed 40-country effort to restore passage through the Strait of Hormuz, surging crude and fresh Iranian threats intensified fears for the global economy.Trump eases Iran oil sanctions for 30 days to cap price surge
Trump eases Iran oil sanctions for 30 days to cap price surge
SATURDAY, MARCH 21, 2026
The Trump administration has issued a 30-day waiver for Iranian oil sales at sea, aiming to cool global crude prices after they surged above US$100 a barrelBrent tops $110 as Middle East energy sites come under attack
Brent tops $110 as Middle East energy sites come under attack
THURSDAY, MARCH 19, 2026
Brent crude rose above US$110 after fresh attacks on Middle East energy sites, while the US weighs more troop deployments and markets brace for wider disruptionThailand secures Angola, US crude as energy minister says fuel remains sufficient
Thailand secures Angola, US crude as energy minister says fuel remains sufficient
TUESDAY, MARCH 17, 2026
Thailand has secured nearly 2 million barrels of crude from Angola and more than 600,000 barrels from the United States, as Energy Minister Auttapol Rerkpiboon says supplies remain sufficient and urges the public not to hoard fuel ahead of Songkran.Transport Federation plans rally to urge state to cap diesel prices, cut excise tax
Transport Federation plans rally to urge state to cap diesel prices, cut excise tax
TUESDAY, MARCH 17, 2026
Thailand’s land transport operators are set to stage a show of force as they press the government to extend diesel price support and suspend oil excise collection to ease rising logistics costs.