Higher prices could last for eight months after Iran war, minister says

Officials are monitoring stock levels and planning for any potential disruptions to the supply chain.

https://www.bbc.com/news/articles/cm29m98md2do

#oilcrisis #IranWar

"There will be a significant boost to renewables and nuclear power and a further shift towards a more electrified future. And this will cut into the main markets for oil."

Thank you, Mr. President!

https://www.theguardian.com/environment/2026/apr/24/global-oil-crisis-changed-fossil-fuel-industry-for-ever-iea-chief-fatih-birol

via https://newsie.social/@servelan/116463717275759690

#news #environment #ClimateChange #ClimateCrisis #FossilFuels #renewables #StraitOfHomuz #OilCrisis

SCG is suspending operations at its flagship Vietnam petrochemical complex as supply disruptions and rising costs squeeze its chemicals business.

#Thailand #Vietnam #SCG #SET #Stockmarket #Oil #OilCrisis #StraitOfHormuz #ช่องแคบฮอร์มุซ

https://www.thaienquirer.com/69293/scg-to-suspend-5-4-billion-vietnam-petrochemical-plant-shares-slide-on-set/?utm_source=mastodon&utm_medium=jetpack_social

پیر کا بڑا خلاصہ
مذاکرات غیر یقینی، تیل مہنگا، ہرمز بندش کے قریب

https://kaynewsurdu.com/2026/04/21/iran-us-talks-uncertainty-oil-prices-hormuz-crisis/
#Iran #US #OilCrisis #Hormuz #MiddleEast #BreakingNews #Geopolitics

Thailand is tightening fiscal discipline under its FY2027 budget plan while simultaneously considering major emergency borrowing and facing growing political debate over how far public debt should be allowed to rise.

#Thailand #Oil #OilPrice #OilCrisis #น้ำมัน #ราคาน้ำมัน #วิกฤตน้ำมัน #หนี้สาธารณะ

https://www.thaienquirer.com/69085/government-launches-sweeping-fy2027-budget-austerity-drive-caps-spending-growth-at-0-2-while-weighing-500bn-baht-emergency-borrowing-amid-debate-over-debt-ceiling/?utm_source=mastodon&utm_medium=jetpack_social