Showing 1 - 10 of 3,144
Democrats urge use of high refining margins to bolster oil fund
Online Reporters, Published on 12/03/2026
» The Democrat Party has called on the government to divert windfall refining profits into the Oil Fuel Fund, warning that relying on subsidies of nearly 16 baht a litre to cap diesel prices risks shifting the burden onto the taxpaying public.
Iran targets fuel facilities, sending oil soaring again
AFP, Published on 12/03/2026
» TEHRAN - Iran launched a new wave of attacks against Gulf energy targets on Thursday, hours after two oil tankers were hit, sending crude prices soaring again despite record reserve releases.
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.
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”.
Night closures of petrol stations planned, not yet enforced
Published on 11/03/2026
» The government plans to close petrol stations at late-night hours only in a worst-case scenario stemming from the Middle East war, as the present situation is not critical enough to justify such a measure, the Department of Energy Business reported.
Kharg Island: Iran's vital oil hub in the crosshairs?
AFP, Published on 11/03/2026
» PARIS — Kharg Island, a scrubby stretch of land in the northern Gulf, handles almost all of Iran's crude exports and any attempt to seize it would mark a major escalation in the conflict, analysts say.
Govt officials ordered to work from home, suspend overseas trips
Gary Boyle, Published on 11/03/2026
» Caretaker Prime Minister Anutin Charnvirakul has ordered officials at government organisations and state enterprises to work from home and suspend overseas trips, as part of measures to cope with the Middle East war's impact.
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.
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,