Asia·Jul 25, 2026
Thailand Slashes Diesel Refinery Margins to Cap Pump Prices Amid Red Sea Disruption
Government taps 3.89 billion baht in refinery profits to absorb global crude surge triggered by Saudi tanker attacks
By Priyanka V. Rao · 3 min ·
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Oil Markets
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Asia·Jul 24, 2026
Red Sea Tanker Strikes Push Brent Past $100 as Kazakhstan Cuts Production
Houthi attacks on Saudi vessels and pipeline disruptions in the Black Sea tighten supply routes, driving crude benchmarks toward their steepest weekly gains in months.
By Cheng Wei-Lun · 3 min ·
Asia·Jul 22, 2026
Saudi Oil Shipments Reroute After Yemen Blockade Threat
Houthi naval embargo forces tankers carrying crude to Asia back through Suez Canal as conflict disrupts Red Sea and Hormuz shipping lanes
By Priyanka V. Rao · 3 min ·
Asia·Jul 14, 2026
Trump Proposes 20% Charge on Oil Shipments Through Strait of Hormuz
U.S. president's announcement of new fee on cargo through critical Middle East waterway sends crude prices surging
By Cheng Wei-Lun · 3 min ·
Asia·Jul 8, 2026
OPEC+ Approves 188,000 bpd Output Hike as Hormuz Reopens
The producer alliance pushes forward with supply increases despite ongoing disruptions from the Iran conflict, as Brent crude slides back to pre-war levels near $72 per barrel.
By Priyanka V. Rao · 3 min ·