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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.
Oil jumps, stocks drop as war keeps markets on edge
AFP, Published on 11/03/2026
» LONDON - Oil prices rallied and equities mostly dropped on Wednesday as traders assessed the latest developments affecting global markets as a result of the Middle East war.
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”.
Commerce minister urges calm amid Mideast‑driven price worries
Online Reporters, Published on 11/03/2026
» Caretaker Commerce Minister Suphajee Suthumpun has called on the public not to panic over the impact of the Middle East conflict on consumer goods and energy prices, insisting the government has contingency plans in place to cushion any economic fallout.
Middle East war: global economic fallout
AFP, Published on 11/03/2026
» PARIS — Here are the latest economic events in the Middle East war on Wednesday:
Thai Airways to raise ticket prices by 10-15%
Published on 11/03/2026
» Thai Airways International will raise ticket prices by 10% to 15% to offset surging fuel costs as the carrier grapples with “overwhelming” demand from customers shifting travel plans from the Middle East to Europe, said chief financial officer Cherdchom Thetsathirasak.
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.
War in the Middle East: latest developments
AFP, Published on 11/03/2026
» WASHINGTON — Here are the latest events in the Middle East war:
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.
Thai economic growth seen uneven, below potential: central bank
Reuters, Published on 11/03/2026
» Thailand's economy is projected to grow below its potential and unevenly across sectors, the minutes of the Bank of Thailand's (BoT) Feb 25 policy meeting showed on Wednesday.