Iran war hits global economy, could shave up to 1% off Thailand’s GDP, analysts warn
TUESDAY, MARCH 10, 2026
Former minister Narongchai Akrasanee and FETCO chair Kobsak Pootrakool warn that oil at around US$110 a barrel could drive inflation, market volatility and cut Thailand’s GDP growth by 0.5–1%, echoing the Russia–Ukraine shock.
Bangkok Bank postpones 2,000-baht minimum balance rule for digital savings accounts indefinitely
TUESDAY, MARCH 10, 2026
Bangkok Bank has indefinitely delayed its planned 2,000-baht minimum balance requirement for e-Savings and Bualuang Extra Digital accounts, citing potential customer inconvenience and apologising for the disruption.
Iran says several countries including China, Russia and France have contacted Tehran over a ceasefire, with Iran demanding an end to further aggression
Northern Thailand sees storms as heat grips upper regions
TUESDAY, MARCH 10, 2026
Thunderstorms hit northern Thailand as daytime heat grips upper regions. The meteorological department warns of unstable weather and storms on March 11–13
Trump signals Iran war may be nearing end, sees global oil prices heading lower
TUESDAY, MARCH 10, 2026
Trump said US military objectives in Iran were close to being achieved, helping calm market fears that a prolonged conflict could keep global oil supplies under pressure after crude briefly surged above US$100 a barrel.
Oil retreats after nearing $120 as Trump eyes Hormuz control
TUESDAY, MARCH 10, 2026
Oil prices fell after nearing $120 a barrel as Donald Trump signalled the US may control the Strait of Hormuz and consider easing Russian oil sanctions
Gold retreats as dollar strengthens and inflation worries rise
TUESDAY, MARCH 10, 2026
Gold fell as the dollar strengthened and rate expectations rose, while the US-Israel-Iran conflict fuelled inflation worries through surging oil prices
Government prepares gradual petrol price rise as oil crisis deepens
MONDAY, MARCH 09, 2026
The government is preparing to raise petrol prices in stages in line with global market movements to cope with the energy crisis. Diesel will switch to a B7 blend from March 14.