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Search Result for “oil”

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BUSINESS

Cathay Pacific to nearly double fuel surcharge on Wednesday as costs surge

Published on 13/03/2026

» Cathay Pacific Airways will nearly double its fuel surcharges starting from Wednesday, following a similar move by another Hong Kong carrier amid rising fuel prices driven by conflict in the Middle East.

WORLD

Iran not going to close Strait of Hormuz, Iran UN envoy says

Published on 13/03/2026

» Iran's ⁠UN ​Ambassador ​Amir ‌Saeid Iravani on Thursday said Tehran ​was not ⁠going to close ‌the Strait of Hormuz, but ⁠added it was Iran's inherent right to preserve ​the peace and ​security ‌of the waterway.

BUSINESS

Oil forecasts rise as Mideast war rages

Business, Nareerat Wiriyapong, Published on 13/03/2026

» Analysts are lifting their oil price estimates for this year and 2027 amid transport disruption in the Middle East, even though the potential release of reserves by the G7 and the Organisation for Economic Co-operation and Development (OECD) could help temporarily alleviate supply pressures.

BUSINESS

Remote work move weighs on transport, media stocks

Business, Nuntawun Polkuamdee, Published on 13/03/2026

» Thailand's temporary work-from-home (WFH) policy for government agencies, introduced as part of emergency energy-saving measures, creates short-term pressure on transport and out-of-home media stocks, according to analysts.

BUSINESS

PTG confirms plans to raise refined oil reserves

Business, Yuthana Praiwan, Published on 13/03/2026

» PTG Energy Plc, the operator of PT petrol stations, has announced plans to expand its refined oil reserves in line with a government directive aimed at safeguarding national energy security during the ongoing US-Iran conflict.

BUSINESS

Delivery firms cut costs by embracing AI tech

Business, Suchit Leesa-nguansuk, Published on 13/03/2026

» KEX Express (Thailand) and J&T Express Thailand are increasingly deploying artificial intelligence (AI) and route optimisation to reduce their energy waste, improve fleet efficiency and maintain service stability for the rapidly growing e-commerce sector amid volatile fuel prices.

OPINION

Strait attack unacceptable

Oped, Editorial, Published on 13/03/2026

» The adverse impact of the war between Iran, the United States and Israel has spilt over to other nations beyond the Middle East, as Tehran ramps up its attacks on cargo ships in the Strait of Hormuz.

OPINION

Diversification key to surviving volatility

Oped, Published on 13/03/2026

» On the day I am writing this editorial, I was meant to be travelling to Bangkok for one of my periodic visits to a city I have grown to love. I am always keen to shave off a few hours from a long-haul flight, which means the shortest flight path from my home in Washington, DC, would take me through Abu Dhabi, but my flight was cancelled like thousands of others due to the ongoing conflict in the Mideast. My inconvenience is nothing compared to the destruction endured by those on the ground, but it illustrates the expanding global impact of the US/Israel/Iran War.

OPINION

Echoes ignored

Oped, Postbag, Published on 13/03/2026

» Re: "With Iran war, US is alone", (World, March 6). The Deputy Director of the German Marshall Fund, Kristina Kausch, is upset that US President Donald Trump has not sought the world's approval in his quest to destroy Iran's military abilities and for the removal of its genocidal dictatorship. One which screams daily: "Death to Israel" and "Death to America". (Time Off, Bangkok Post, March 8).

BUSINESS

Thailand 'too reliant' on foreign energy, Korn says

Nuntawun Polkuamdee, Published on 12/03/2026

» Thailand is facing rising fiscal and energy risks stemming from the conflict in the Middle East , according to former finance minister Korn Chatikavanij.