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Iranian warship sunk by US torpedo participated in Indian drill
Reuters, Published on 05/03/2026
» NEW DELHI: The U.S. attack on an Iranian warship in the Indian Ocean this week was the first time since World War Two that the United States has sunk an enemy vessel with a torpedo. The following details are based on accounts from Sri Lankan, U.S. and Iranian officials of the March 4 incident, part of U.S. and Israeli attacks on Iran and its military assets.
Iran war punctures strategy of ‘Sell America, Buy Asia’
Bloomberg News, Published on 05/03/2026
» HONG KONG — The war in Iran is forcing investors to reevaluate one of their most profitable stock strategies, leading some to conclude that the “Sell America, Buy Asia” trade has reached an inflection point.
Authorities tout biofuel as global oil prices soar
Yuthana Praiwan, Published on 05/03/2026
» Energy authorities are stepping up efforts to expand biofuel usage to reduce reliance on oil imports and safeguard against potential fuel shortages.
Thailand’s search for fuel takes on more urgency
Post Reporters, Published on 05/03/2026
» Prime Minister Anutin Charnvirakul has ordered a stepped-up effort to secure more oil and gas after the closure of the Strait of Hormuz cut off access to about half of Thailand’s regular supply.
Asian countries scramble to secure fuel supplies
Published on 05/03/2026
» The impact of the war in the Middle East rippled further through global energy markets on Thursday, with Asian countries taking more measures to shore up supplies.
War in the Middle East: latest developments
AFP, Published on 05/03/2026
» Here are the latest main events related to the war in the Middle East:
Iran hits Kurdish groups in Iraq as conflict widens
AFP, Published on 05/03/2026
» TEHRAN - Fresh blasts were reported in Iran’s capital on Thursday as Tehran said it had targeted Kurdish groups in Iraq and warned “separatist groups” against action in the widening war.
Thai inflation negative for 11th straight month
Published on 05/03/2026
» Thailand’s nearly year-long stretch of falling consumer prices may now provide a buffer against potential energy-driven inflation spike, analysts say.
Two-thirds of Cuba, including Havana, hit by blackout
AFP, Published on 05/03/2026
» HAVANA - A grid failure knocked out power Wednesday to two-thirds of Cuba including Havana, the national electric company UNE said, the latest electricity collapse for residents suffering daily impacts of US-imposed energy restrictions.
After oil, US moves to secure access to Venezuelan minerals
AFP, Published on 05/03/2026
» CARACAS - US mining companies are lining up to invest in Venezuela, Interior Secretary Doug Burgum said during a visit to Caracas on Wednesday as he pushed for greater access to critical minerals.