{"id":323272,"date":"2026-03-01T10:40:06","date_gmt":"2026-03-01T10:40:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/323272\/"},"modified":"2026-03-01T10:40:06","modified_gmt":"2026-03-01T10:40:06","slug":"oil-prices-surge-on-middle-east-crisis-thailand-warns-of-possible-sharp-pump-hike-by-march-4","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/323272\/","title":{"rendered":"Oil prices surge on Middle East crisis; Thailand warns of possible sharp pump hike by March 4"},"content":{"rendered":"<p>\u201cThe accelerating trajectory of global oil prices will inevitably affect retail prices in Thailand because we are tied to global market mechanisms. It will also worsen the global economic outlook through higher energy costs and rising prices of goods,\u201d the source said.<\/p>\n<p>March 4 highlighted as \u201crisk point\u201d for Thai pump prices<\/p>\n<p>The source assessed that domestic retail prices on Monday, March 2, 2026 may not rise significantly, as they are referenced to global market prices from the previous trading day. With Tuesday, March 3, 2026 a public holiday, an immediate adjustment is also unlikely.<\/p>\n<p>However, Wednesday, March 4, 2026 was flagged as a key \u201crisk point\u201d. If global negotiations do not ease tensions, domestic oil prices could rise sharply in line with global markets, the source said.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cThe accelerating trajectory of global oil prices will inevitably affect retail prices in Thailand because we are tied&hellip;\n","protected":false},"author":2,"featured_media":323273,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,10036,113,61,60,1196,150117],"class_list":["post-323272","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-crisis","tag-economy","tag-ie","tag-ireland","tag-middle-east","tag-oil-prices-soar"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/323272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=323272"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/323272\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/323273"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=323272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=323272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=323272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}