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Thai oil fund spending B1 billion a day on subsidies
Published on 11/03/2026
» The Thai government is widening efforts to curb demand for fuel, as it burns through cash fighting to keep domestic diesel prices artificially low amid surging global energy costs.
Oil jumps, stocks drop as war keeps markets on edge
AFP, Published on 11/03/2026
» LONDON - Oil prices rallied and equities mostly dropped on Wednesday as traders assessed the latest developments affecting global markets as a result of the Middle East war.
G7 leaders closer to tapping oil reserves
AFP, Published on 11/03/2026
» PARIS - The Group of Seven advanced economies inched closer on Wednesday to tapping strategic oil reserves to tackle the rise in crude oil prices due to the Middle East war as energy ministers said they stood ready to take “all necessary measures”.
Middle East war: global economic fallout
AFP, Published on 11/03/2026
» PARIS — Here are the latest economic events in the Middle East war on Wednesday:
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.
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.
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.
Crisis seen as opportunity for Thailand
Business, Wichit Chantanusornsiri, Published on 10/03/2026
» The crises arising from geopolitics and geoeconomics may represent Thailand's last chance to adapt and seize new opportunities, according to caretaker finance minister Ekniti Nitithanprapas.
Thailand's smartphone market likely to face contraction
Business, Suchit Leesa-nguansuk, Published on 10/03/2026
» Thailand's smartphone market is likely to contract amid economic uncertainty, the Middle East conflict and rising memory component costs, according to Thai Samsung Electronics Co.
Govt moves to curb fuel prices
News, Published on 10/03/2026
» The cabinet is expected to approve a series of short- and medium-term energy management measures on Tuesday to cope with surging global energy prices driven by the conflict in the Middle East.