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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.

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.

WORLD

Iran war has airlines reviewing growth plans as fuel surges

Published on 10/03/2026

» Until last month, airlines couldn’t get new aircraft fast enough, with both Airbus SE and Boeing struggling to keep up with surging demand. 

WORLD

Trump signals possible end to war, floats removing oil sanctions

Published on 10/03/2026

» US President Donald Trump said he plans to waive oil-related sanctions, have the US Navy escort tankers through the Strait of Hormuz and predicted the war with Iran would resolve “very soon” as he confronted mounting economic and political pressures after days of dramatic fluctuations in oil markets.

BUSINESS

Restaurants call for anti-inflation support

Business, Somhatai Mosika, Published on 10/03/2026

» The Thai Restaurant Association is calling on the government to support the restaurant industry amid the ongoing conflict in the Middle East.

BUSINESS

Oil shortage hits petrochemical output

Nareerat Wiriyapong, Published on 09/03/2026

» The current “oil shock” has begun to affect companies on the Stock Exchange of Thailand (SET), with industrial conglomerate Siam Cement (SCC) suspending operations at its petrochemical unit in Map Ta Phut due to insufficient feedstock amid the Middle East war, analysts say.

SPORTS

ONE Championship: Marat Grigorian vs Kaito rebooked for ONE Samurai 1 in Tokyo

Published on 09/03/2026

» ONE Championship has rebooked the long-delayed featherweight kickboxing bout between Marat Grigorian and Kaito for ONE Samurai 1 on April 29 at Ariake Arena in Tokyo.

SPORTS

Pressure builds for Australia to offer Iran women's football team asylum

AFP, Published on 09/03/2026

» SYDNEY - Australia must protect the visiting Iranian women's football team, the son of the nation's late shah urged Monday, warning their refusal to sing the national anthem before a match could have "dire consequences".

BUSINESS

Stocks and bonds drop on oil’s surge, dollar gains

Published on 09/03/2026

» Crude oil surged above $100 a barrel for the first time since 2022 due to escalating hostilities in the Middle East and worsening strains on oil shipping, sending stocks and Treasuries lower.