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Search Result for “gas”

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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

Energy price spike threatens global economic recovery

Somruedi Banchongduang, Published on 09/03/2026

» Global oil prices have entered a “danger zone” after surging to around US$110 per barrel following reports that an Iranian oil storage facility had been struck, warned Bangkok Bank’s (BBL) chief economist.

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.

THAILAND

Southeast Asia faces sweltering heat as war limits energy supply

Published on 09/03/2026

» Southeast Asia is set to see a warmer-than-usual early summer, potentially raising power demand for fuel and straining grids at a time when the Middle East conflict has tightened energy supplies in the region.

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.

SUSTAINABILITY

Exporters confront carbon footprints

Business, Somruedi Banchongduang, Published on 09/03/2026

» Thai exporters are under growing pressure to accelerate their transition to low-carbon production, as the EU's Carbon Border Adjustment Mechanism (CBAM) came into force on Jan 1, though its effects have been felt for several years.

BUSINESS

Thailand braces for fallout from Mideast war

Business, Published on 09/03/2026

» Thailand's fragile economic recovery faces fresh challenges after war erupted between a US-Israel alliance and Iran.

BUSINESS

Climate pressure spurs Thailand's energy revamp

Business, Yuthana Praiwan, Published on 09/03/2026

» Thailand's clean power supply and energy trade are poised for changes under the draft Power Development Plan (PDP), which will shape the country's electricity landscape from 2026 to 2050.

WORLD

10 vessels attacked in Hormuz Strait: analysts

AFP, Published on 09/03/2026

» PARIS (FRANCE) - About 10 vessels in or near the Strait of Hormuz have come under attack since Iran blocked the strategic waterway in retaliation for US-Israeli strikes, data analysis groups report.