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CBO puts Iran war cost to US at US$38 billion by August 1
CBO puts Iran war cost to US at US$38 billion by August 1
WEDNESDAY, SEPTEMBER 16, 2026
US operations against Iran could cost US$3 billion a month, with the Congressional Budget Office warning of higher inflation in early 2027.Fuel prices in Thailand to rise 0.85 baht a litre from September 15
Fuel prices in Thailand to rise 0.85 baht a litre from September 15
MONDAY, SEPTEMBER 14, 2026
Thailand will raise petrol, gasohol and diesel prices by 0.85 baht per litre from September 15 as the Oil Fuel Fund faces subsidies of about 770 million baht a day.Thailand faces oil-price pressure as Hormuz attack lifts Brent above US$100
Thailand faces oil-price pressure as Hormuz attack lifts Brent above US$100
SUNDAY, SEPTEMBER 13, 2026
Renewed attacks in the Strait of Hormuz and the shutdown of Saudi Arabia’s East-West pipeline have sent Brent above US$100, heightening energy risks for Thailand.BRICS urges Middle East restraint while Xi pushes for a peace role
BRICS urges Middle East restraint while Xi pushes for a peace role
SUNDAY, SEPTEMBER 13, 2026
BRICS urges maximum restraint in the Middle East while Xi Jinping calls on members to help advance peace and strengthen diplomacy.Brent crude tops $100 as Middle East conflict threatens oil flows
Brent crude tops $100 as Middle East conflict threatens oil flows
WEDNESDAY, SEPTEMBER 09, 2026
Brent crude briefly topped $100 a barrel as escalating Middle East conflict raised fears over oil flows through Hormuz and the Red Sea.Iran energy threats lift oil prices to six-week highs
Iran energy threats lift oil prices to six-week highs
TUESDAY, SEPTEMBER 08, 2026
Brent settles at US$97.31 a barrel as shipping through Hormuz slows, while Goldman Sachs warns of US$120 oil if vessel attacks intensifyThai factories suspend work as orders fall and costs rise
Thai factories suspend work as orders fall and costs rise
MONDAY, SEPTEMBER 07, 2026
Temporary business suspensions affected 18,998 Thai workers in June, up 58.08% from May, as manufacturers faced lost orders and higher costsOil extends rally with Brent above US$95 on Hormuz fears
Oil extends rally with Brent above US$95 on Hormuz fears
THURSDAY, SEPTEMBER 03, 2026
Brent settled at US$95.63 and WTI at US$91.01 as renewed US-Iran attacks, reduced Hormuz traffic and falling US crude stocks fuelled supply fears