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Search Result for “oil”

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WORLD

Iranian drone strike on Azerbaijan raises new fears

AFP, Published on 06/03/2026

» BAKU - Iranian drone strikes on Azerbaijan have raised fears that the Middle East war could spill into the Caucasus, as Baku, an ally of Israel, vows to respond.

BUSINESS

Thai oil retailers baulk at order to triple reserves

Yuthana Praiwan, Published on 06/03/2026

» Thailand’s major oil retailers disagree with a government order for them to triple their reserves to ensure a sufficient supply for motorists during the war in the Middle East.

BUSINESS

Asia’s options to diversify energy sources limited

Published on 06/03/2026

» SINGAPORE - Asian energy buyers are scrambling to find alternatives as the Iran war creates unprecedented supply disruption, but the region has ​limited longer-term options to reduce its heavy reliance on Middle Eastern oil.

WORLD

Hungary and Ukraine feuding over Russian oil

AFP, Published on 06/03/2026

» BUDAPEST - Kyiv accused Budapest of kidnapping seven of its citizens on Friday, as Hungarian Prime Minister Viktor Orban said he would use “every means” to pressure Ukraine in an escalating row over stalled Russian oil supplies.

WORLD

Heavy attacks hit Tehran as Israel says war in 'new phase'

AFP, Published on 06/03/2026

» TEHRAN - Heavy attacks were reported in Tehran on Friday after Israel said it was hitting "regime infrastructure" in a "new phase" of the war it launched with the United States against Iran.

WORLD

Trump urges Iranian Kurds to attack Iran as war widens

Published on 06/03/2026

» DUBAI/WASHINGTON - US President Donald Trump encouraged Iranian Kurdish forces in Iraq to launch attacks against Iran as the Middle ​East conflict widened, with Azerbaijan warning it would retaliate for being targeted by Iranian missiles.

THAILAND

MK Unveils 'MK PARADISE' at Siam Paragon: Premium Stir-Fried Suki & New Menus

Published on 06/03/2026

» MK Restaurants has launched "MK Paradise" featuring “A Craftsmanship Premium Suki”  concept. Offering a one-of-a-kind dining experience with its signature "stir-fried soup" technique ensuring freshness and attention to detail in every step, the new menu features high-quality suki, dim sum, single dishes, and appetisers. This elevated culinary experience takes place in a restaurant ambiance resembling dining in paradise, reflecting craftsmanship and dedication. Located exclusively at Siam Paragon, in the heart of the city, it is the first and only of its kind.

BUSINESS

Gulf carriers resume limited flights, but missile fire fuels uncertainty

Published on 06/03/2026

» HONG KONG - Emirates and Etihad Airways were resuming ​limited flight schedules to key global cities from their United Arab Emirates ‌hubs on Friday, though the ongoing threat of missile fire piled pressure on airlines as they scramble to accommodate travellers.

WORLD

US, Venezuela restore ties as Washington pushes for minerals access

AFP, Published on 06/03/2026

» MAIQUETíA (VENEZUELA) - Venezuela and the United States are restoring diplomatic ties, the two countries announced Thursday, in a new sign of thawing relations after Washington ousted former president Nicolas Maduro.

BUSINESS

Bitcoin rebounds as conflict in Middle East intensifies

Business, Nuntawun Polkuamdee, Published on 06/03/2026

» Bitcoin has rebounded to top US$70,000 despite escalating conflicts in the Middle East, diverging from most major assets including gold, as global investors move aggressively into US dollars, says digital asset fund manager Merkle Capital.