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Search Result for “conflict”

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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.

BUSINESS

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.

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.

BUSINESS

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.

WORLD

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.

WORLD

Iran war has airlines reviewing growth plans as fuel surges

Published on 10/03/2026

» Until last month, airlines couldn’t get new aircraft fast enough, with both Airbus SE and Boeing struggling to keep up with surging demand. 

WORLD

Trump signals possible end to war, floats removing oil sanctions

Published on 10/03/2026

» US President Donald Trump said he plans to waive oil-related sanctions, have the US Navy escort tankers through the Strait of Hormuz and predicted the war with Iran would resolve “very soon” as he confronted mounting economic and political pressures after days of dramatic fluctuations in oil markets.

BUSINESS

Tourism braces for impact of Mideast war

Business, Narumon Kasemsuk, Published on 10/03/2026

» Thai tourism should brace for an influx of foreigners seeking a safe haven amid growing geopolitical conflict, similar to the surge experienced during the Russia-Ukraine War a few years ago, when Russian arrivals rose to 1.74 million in 2024, significantly impacting property markets in tourism cities.

BUSINESS

Restaurants call for anti-inflation support

Business, Somhatai Mosika, Published on 10/03/2026

» The Thai Restaurant Association is calling on the government to support the restaurant industry amid the ongoing conflict in the Middle East.