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Search Result for “oil trading”

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WORLD

War in the Middle East: latest developments

AFP, Published on 10/03/2026

» Here are the latest events in the Middle East war:

BUSINESS

Fiscal position ‘sufficient’ for fuel subsidies

Wichit Chantanusornsiri, Published on 10/03/2026

» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.

BUSINESS

Economist warns Thailand could encounter stagflation

Nareerat Wiriyapong, Published on 10/03/2026

» Thailand is at risk of stagflation as oil prices skyrocket during the Middle East conflict, while the new government has yet to take office and is unable to take steps to prop up a weak economy, says economist Amonthep Chawla.

THAILAND

No fuel crisis, no need to hoard, says energy minister

Post Reporters, Published on 10/03/2026

» Thailand does not face a fuel crisis as a consequence of the Mideast war, Energy Minister Atthapol Rerkpiboon said on Tuesday. Supplies are being delivered gradually, according to schedule and available storage capacity, and there is no need for hoarding, 

WORLD

Middle East countries cut daily oil output as ships stay clear of Hormuz

Bloomberg News, Published on 10/03/2026

» LONDON — Oil production cuts in the Middle East are deepening as the crucial Strait of Hormuz waterway remains at a near-standstill, widening the chaos in energy markets.

BUSINESS

Asian LNG buyers struggling to find supplies

Published on 10/03/2026

» Some Asian buyers of liquefied natural gas are struggling to find prompt cargoes after a war-related outage at the world’s largest export facility in Qatar tightened global supplies.

THAILAND

Govt officials ordered to work from home, suspend overseas trips

Online Reporters, Published on 10/03/2026

» Caretaker Prime Minister Anutin Charnvirakul has ordered officials at government organisations and state enterprises to work from home and suspend overseas trips, as part of measures to cope with the Mideast war's impact.

WORLD

Asia airlines hike fares, eye groundings on fuel crunch risk

Bloomberg News, Published on 10/03/2026

» SINGAPORE — Airlines in Asia are raising ticket prices and mapping out contingency plans that include grounding planes as the escalating Middle East conflict threatens to trigger the worst oil shock since the 1970s.

WORLD

Trump says will waive some oil sanctions as Iran war roils markets

AFP, Published on 10/03/2026

» DORAL (UNITED STATES) - US President Donald Trump said Monday that he will waive some sanctions on oil to boost supply and bring down prices, due to market turmoil over war in the Middle East.

THAILAND

Scammer arrested for B19m stock-trading platform fraud

Online Reporters, Published on 10/03/2026

» A 22-year-old man allegedly linked to a Chinese-led fraud syndicate has been arrested for duping people into investing in a bogus stock-trading platform and stealing almost 19 million baht of their money.