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Why the Iran war could be a 'game-changer' for EVs - and China's car industry
Published on 24/03/2026
» Surging oil prices driven by the US-Israel war on Iran could accelerate the global adoption of electric vehicles - a sector that helped China overtake Japan to become the world's largest seller of automobiles last year.
Consumer product prices capped but fuel costs will rise
Online Reporters, Published on 24/03/2026
» The government is capping prices of essential consumer products while confirming that there is enough fuel for vehicles and electricity generation, but their prices will have to rise due to increasing costs in global markets.
Vietnam Airlines to suspend some routes as jet fuel risks rise
Published on 24/03/2026
» Vietnam Airlines will temporarily suspend flights on some domestic routes as jet fuel shortages and rising fuel prices caused by the conflict in the Middle East start to impact the nation’s air travel.
Vietnam, Russia sign nuclear power deal
Reuters, Published on 24/03/2026
» HANOI — Vietnam, Russia signed an agreement on the construction of the Southeast Asian nation’s first nuclear power plant as Hanoi moves to bolster energy security amid Middle East disruptions that are disrupting global fuel supplies.
Oil price spike threatens to cut Thai GDP growth, raise inflation
Business, Boonsong Lipimas, Published on 24/03/2026
» A rise in global oil prices poses a growing risk to Thailand's economic outlook, with Tisco Financial Group warning that a 10% increase in crude from a baseline of US$72 per barrel could trim GDP growth by 0.3-0.4 percentage points, while lifting inflation by about 0.8%.
Thai oil crisis eases after state takes action
Business, Yuthana Praiwan, Published on 24/03/2026
» The Department of Energy Business (DOEB) says Thailand's fuel shortage crisis is beginning to ease following a series of government interventions aimed at stabilising supply and distribution.
Oil shock hits supermarket transportation in the South
Business, Kuakul Mornkum, Published on 24/03/2026
» The petrol shortage is causing headaches for MAI‑listed Mother Marketing, the operator of the Mother Supermarket chain in southern Thailand, prompting the company to urge the government to resolve the issue urgently.
Baht set to fall further amid Mideast wartime pressures
Business, Somruedi Banchongduang, Published on 24/03/2026
» The baht is expected to depreciate to 33.50 per US dollar this week after testing a nine-month low of 33 on Monday, amid heightened uncertainties surrounding the conflict in the Middle East.
Shortages spur fuel reserve cut
News, Mongkol Bangprapa, Published on 24/03/2026
» The government has decided to lower the proportion of oil reserves to 1% in a bid to ease fuel shortages while expressing confidence that the fuel situation will stabilise within a week.