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Search Result for “barrel oil”

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BUSINESS

Geopolitical risks cloud equity market outlook

Nuntawun Polkuamdee, Published on 11/03/2026

» Escalating tensions between Iran, the US and Israel could trigger a major military confrontation within 3-4 months, potentially driving crude oil prices as high as US$135 per barrel in a worst-case scenario, pundits warn.

WORLD

Ukraine says hit 'key' Russian military factory in missile strike

AFP, Published on 11/03/2026

» KYIV (UKRAINE) - Ukraine hit a "key" military factory in a missile strike Tuesday on Russia's western city of Bryansk, Ukrainian President Volodymyr Zelensky said after Moscow gave a toll of six dead in the attack.

WORLD

US energy secretary's post saying US escorted tanker in Hormuz deleted

AFP, Published on 11/03/2026

» WASHINGTON (UNITED STATES) - A post by US Energy Secretary Chris Wright saying that the US Navy had escorted an oil tanker through the Strait of Hormuz was deleted on Tuesday, minutes after his account had posted it.

BUSINESS

Sansiri confident amid global turmoil

Business, Kanana Katharangsiporn, Published on 11/03/2026

» Construction costs for housing and condo projects already launched remain largely unaffected by global uncertainties, although a prolonged rise in oil prices could push up building costs for new developments, says SET-listed developer Sansiri.

BUSINESS

SCG halts olefins unit following Hormuz disruption

Business, Lamonphet Apisitniran, Published on 11/03/2026

» Industrial conglomerate Siam Cement Group (SCG) is temporarily shuttering its olefins plant in Rayong, though it remains confident its other businesses will continue to operate as normal during the conflict in Iran.

WORLD

War in the Middle East: latest developments

AFP, Published on 10/03/2026

» Here are the latest events in the Middle East war:

BUSINESS

Fiscal position ‘sufficient’ for fuel subsidies

Wichit Chantanusornsiri, Published on 10/03/2026

» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.

BUSINESS

Economist warns Thailand could encounter stagflation

Nareerat Wiriyapong, Published on 10/03/2026

» Thailand is at risk of stagflation as oil prices skyrocket during the Middle East conflict, while the new government has yet to take office and is unable to take steps to prop up a weak economy, says economist Amonthep Chawla.

THAILAND

No fuel crisis, no need to hoard, says energy minister

Post Reporters, Published on 10/03/2026

» Thailand does not face a fuel crisis as a consequence of the Mideast war, Energy Minister Atthapol Rerkpiboon said on Tuesday. Supplies are being delivered gradually, according to schedule and available storage capacity, and there is no need for hoarding, 

WORLD

Middle East countries cut daily oil output as ships stay clear of Hormuz

Bloomberg News, Published on 10/03/2026

» LONDON — Oil production cuts in the Middle East are deepening as the crucial Strait of Hormuz waterway remains at a near-standstill, widening the chaos in energy markets.