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War in the Middle East: latest developments
AFP, Published on 10/03/2026
» Here are the latest events in the Middle East war:
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.
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.
Thai travel agents pessimistic about long-haul rmarket recovery
Narumon Kasemsuk, Published on 10/03/2026
» Thailand’s tourism industry is struggling with the sudden impact from the Middle East conflict on long‑haul travel, with weekly arrivals down 13% due to flight disruptions.
Chinese-controlled coconut firms keeping Thai farmers poor
Wassayos Ngamkham, Published on 10/03/2026
» Police say that Chinese companies hiding behind Thai nominees illegally control aromatic coconut production in Ratchaburi province, hurt Thai farmers by keeping farm prices very low, and make huge profits from exports.
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,
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.
Asian LNG buyers struggling to find supplies
Published on 10/03/2026
» Some Asian buyers of liquefied natural gas are struggling to find prompt cargoes after a war-related outage at the world’s largest export facility in Qatar tightened global supplies.
Asia airlines hike fares, eye groundings on fuel crunch risk
Bloomberg News, Published on 10/03/2026
» SINGAPORE — Airlines in Asia are raising ticket prices and mapping out contingency plans that include grounding planes as the escalating Middle East conflict threatens to trigger the worst oil shock since the 1970s.
Trump says will waive some oil sanctions as Iran war roils markets
AFP, Published on 10/03/2026
» DORAL (UNITED STATES) - US President Donald Trump said Monday that he will waive some sanctions on oil to boost supply and bring down prices, due to market turmoil over war in the Middle East.