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Middle East crisis
PPG announces global price increase of up to 20% across product lines
On April 15, PPG announced a global price adjustment across its paints, coatings and specialty products portfolio, reflecting the company’s desire to maintain a reliable supply of its high-performance products amid a rapidly evolving global cost environment.
To ensure continuity of supply in the face of higher costs
Iran automotive industry to be impacted due to damage to Mobarakeh Steel plant
On March 31, multiple sources reported that Iran's largest steel producer, Mobarakeh Steel Company (MSC), had suspended operations following significant damage from attacks in Middle East Conflict. The shutdown could cause long-term problems for Iran’s non-oil industries, affecting sectors like construction and autom
Thailand’s new Industry Minister pledges support for manufacturing and EV growth
Reported on April 8, 2026, Thailand’s Industry Minister, Varawut Silpa-archa, newly in office, pledged support for local manufacturers struggling with rising energy costs and supply chain disruptions caused by the Israel–U.S.–Iran conflict.
The ministry plans to ease the burden by delaying non-essential projects, re
Toyota to hold talks with Thailand’s new government on energy policy, EV incentives
Reported on April 6, 2026, Toyota Motor Thailand plans to engage the new government on fuel and electricity policies as rising energy costs dampen vehicle demand, while also raising industry issues, including EV incentives, with the new industry minister.
The company said higher oil prices linked to Middle East tensi
Indian passenger vehicle retail sales up 21.5% in March 2026
On April 6, the Federation of Automobile Dealers Associations (FADA) announced that retail sales of passenger vehicles (PV) increased by 21.5% YoY (year-on-year) to 440,144 units in March 2026, compared to 362,304 units in March 2025. Commercial vehicle (CV) sales rose by 15.1% (YoY) in March 2026 to 102,536 units, u
EGA, UAE, estimates one year time to restart Al Taweelah alumimium smelter after Iran strikes
On April 3, Emirates Global Aluminium (EGA) provided an initial assessment of operations following the recent Iranian attacks on its Al Taweelah site. The site sustained significant damage because of the Iranian missile and drone attacks at Khalifa Economic Zone, Abu Dhabi. The site, including the smelter and casthou
India announces conditional customs duty concessions on SEZ domestic sales
On April 1, the Indian Government announced conditional customs duty concessions on clearance of goods manufactured in Special Economic Zones (SEZs) to the Domestic Tariff Area (DTA) to improve capacity utilisation of manufacturing units impacted by global trade disruptions. It will benefit approximately 1,200 SEZ ma
SMMT, UK, raises concern over rising diesel price, advocates zero emission transition
On March 26, the Society of Motor Manufacturers and Traders Limited (SMMT) stated that since February 28, diesel prices have been increasing, which poses serious challenges in the commercial vehicle space.
The current conflict exposes the fragility of fuel supply. Long-term stability depends on reducing reliance on g
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