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BUSINESS

Oil shortage hits petrochemical output

Nareerat Wiriyapong, Published on 09/03/2026

» The current “oil shock” has begun to affect companies on the Stock Exchange of Thailand (SET), with industrial conglomerate Siam Cement (SCC) suspending operations at its petrochemical unit in Map Ta Phut due to insufficient feedstock amid the Middle East war, analysts say.

BUSINESS

State steps in as oil rockets to $100

Yuthana Praiwan, Published on 09/03/2026

» Thai energy authorities are preparing to secure loans from commercial banks to shore up the Oil Fuel Fund, which is rapidly running dry as global crude prices surge past US$100 per barrel amid the escalating US-Iran conflict.

WORLD

Iran war sends oil price soaring as Khamenei son takes charge

AFP, Published on 09/03/2026

» TEHRAN — The Iran war sent oil prices soaring on Monday after Tehran marked the appointment of its new supreme leader with a new barrage of missiles targeting Israel and the Gulf energy industry.

WORLD

Landmark trial opens for Turkish opposition champion Imamoglu

AFP, Published on 09/03/2026

» SILIVRI — Istanbul's jailed mayor Ekrem Imamoglu went on trial on Monday in a sprawling corruption case critics say is a politically motivated bid to scupper his chances of challenging President Recep Tayyip Erdogan.

THAILAND

Air force says Cope Tiger drill with US will go ahead

Post Reporters, Published on 09/03/2026

» The Royal Thai Air Force has confirmed its major air exercise, Cope Tiger, with the United States and Singapore, will go ahead in Thailand this month as planned, but with heightened security because of the Mideast war.

WORLD

Khamenei's son takes charge as Iran war sends oil price soaring

AFP, Published on 09/03/2026

» TEHRAN - Iran marked the appointment of Ayatollah Mojtaba Khamenei to replace his father as its new supreme leader with a barrage of missiles against Israel and the Gulf on Monday, as the war sent oil prices soaring.

THAILAND

Elephant choked to death on food while being moved, report finds

Online Reporters, Published on 09/03/2026

» The wild elephant Seedor Hupab choked to death on his food while being relocated and did not die from a sedative overdose or negligence by veterinary staff as speculated, the fact‑finding committee reported on Monday.

WORLD

Hezbollah says fighting Israeli forces in east Lebanon

AFP, Published on 09/03/2026

» BEIRUT- Hezbollah said on Monday it was engaging Israeli forces that landed in eastern Lebanon by helicopter across the Syrian border, the second such operation since the outbreak of the latest conflict with Israel.

BUSINESS

Stocks and bonds drop on oil’s surge, dollar gains

Published on 09/03/2026

» Crude oil surged above $100 a barrel for the first time since 2022 due to escalating hostilities in the Middle East and worsening strains on oil shipping, sending stocks and Treasuries lower.

WORLD

Dollar surges as US-Iran war pushes oil past $100 a barrel

Reuters, Published on 09/03/2026

» SINGAPORE: The dollar took ⁠another leg higher ⁠on Monday, jumping to a ​three-month peak on the euro as oil surged past $100 a barrel, stocks slid and investors headed for safety ​as protracted war in the Middle East threatened ‌to disrupt global energy supplies.