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BUSINESS

Malaysia cuts subsidised fuel quotas on global oil price surge

Bloomberg News, Published on 26/03/2026

» KUALA LUMPUR - Malaysia’s government will cut subsidised allocations for its most popular fuel from April as it seeks to curb leakages and relieve fiscal pressure from a surge in oil prices owing to the Middle East conflict.

THAILAND

Cabinet approves measures to ease fuel cost impact

Online Reporters, Published on 26/03/2026

» The caretaker cabinet on Thursday approved a series of measures aimed at easing the impact of soaring fuel prices on households and businesses, ranging from welfare card top-ups to soft loans for small businesses.

WORLD

G7 talks seek to mend transatlantic rupture on Iran

AFP, Published on 26/03/2026

» ABBAYE DES VAUX-DE-CERNAY, France - Foreign ministers from the G7 meet outside Paris from Thursday, with European nations and allies seeking to narrow differences with the US on the Middle East war while keeping other crises such as Ukraine and Gaza high on the agenda.

WORLD

Israel strikes Iran as Trump insists Tehran wants a deal

AFP, Published on 26/03/2026

» TEHRAN - Israel struck new targets across Iran on Thursday, after Tehran rejected US overtures to wind down the nearly four-week Middle East war and vowed to keep up its “resistance”.

THAILAND

Oil fund defends sudden steep price hikes

Mongkol Bangprapa, Published on 26/03/2026

» The Oil Fuel Fund Office has defended the sharp six‑baht rise in fuel prices across Thailand, saying the increase was driven by soaring global oil prices and the need to maintain the fund’s financial stability.

THAILAND

Prices frozen for necessary consumer products

Online Reporters, Published on 26/03/2026

» The prices of some necessary consumer products will be frozen while those of other products will rise, according to Commerce Minister Suphajee Suthumpun.

THAILAND

Ex-energy minister denounces fuel hike ‘robbery’

Online Reporters, Published on 26/03/2026

» Former energy minister Pirapan Salirathavibhaga has lashed out at the government over the sharp increase in retail fuel prices, describing the move as “robbery” after authorities approved a reduction in subsidies.

BUSINESS

Fuel shock pushes Thai fishery close to shutdown

Reuters, Published on 26/03/2026

» SAMUT SAKHON - A ​surge in diesel prices triggered by the US-Israeli war on Iran is pushing Thailand’s ​multibillion-dollar fishing industry towards a standstill, with ‌fishermen warning that their boats could be idled within days unless the government steps in.

THAILAND

Democrats’ Korn slams ‘stealth’ diesel hike

Online Reporters, Published on 26/03/2026

» Democrat Party deputy leader Korn Chatikavanij has strongly criticised the government for what he described as a covert increase in diesel prices, warning that continued policy missteps could push prices to as high as 50 baht per litre.

THAILAND

Thai fuel prices soar by six baht a litre

Online Reporters, Published on 26/03/2026

» Retail petrol and diesel prices in Thailand soared by six baht per litre on Thursday morning after the government abandoned costly attempts to cap them.