The Triassic climate has been a relatively neglected topic and conventionally considered a “hot-house” world. Using detailed petrographic characterization, in situ geochemical testing, and high-resolution cycle analysis, the Triassic lacustrine shale in the Ordos Basin was studied to confirm that periodic oscillations of the paleo-environment occurred at different timescales during the Triassic. On the millennial scale, increased obliquity induced enhanced transfer of heat and moisture to high latitudes, which then recharged continental aquifers, resulting in an increase in temperature, humidity, and levels of lakes in the mid-latitudes of the Northern Hemisphere. In contrast, decreased obliquity induced temperature and humidity reduction, followed by lake-level decline. Variations in eccentricity further regulated the magnitude of obliquity-forced paleo-environmental evolution. On the decadal–centennial scale, solar activity, including the 360–500 yr cycle I, 81–110 yr cycle II, and 30–57 yr cycle III, caused high-frequency oscillations of humidity and lake level. In the mid-latitudes of the Northern Hemisphere, intense (weak) solar activity promoted the decline (rise) in humidity and lake level. On the interannual scale, in the coastal area of western Panthalassa, El Niño-Southern Oscillation (ENSO)-like cycles also induced significant fluctuations in humidity and reducibility on a 2–8 yr scale. Whether complex paleo-environmental oscillations at different timescales occurred worldwide during the Triassic remains to be verified at other places. It is also noteworthy that high-frequency paleo-environmental oscillations in the Triassic stimulated algal blooms over a short period. The increase in rainfall caused by solar activity and ENSO-like cycles led to a frequent influx of nutrients into the Ordos Basin. The 30–57 yr cycle III induced red algae enrichment at intervals of decades. ENSO-like cycles also promoted algal bloom on 2–8 yr scale to form organic layers in lacustrine shale.