Showing 1 - 10 of 1,202
Opec+ steps up oil output increases
Published on 05/07/2025
» LONDON - Opec+ agreed on Saturday to raise production by 548,000 barrels per day (bpd) in August, further accelerating output increases at its first meeting since oil prices jumped — and then retreated — following Israeli and US attacks on Iran.
Adding fuel to the fire
Business, Published on 30/06/2025
» The unpredictable Israel-Iran conflict is intensifying the disorder overwhelming the Pheu Thai Party's coalition government.
Trade and Middle East Conflicts Drive Oil Prices
Published on 25/06/2025
» From 1 April to 18 June 2025, ICE Brent crude oil prices declined by USD 5.68 per barrel compared to the previous quarter, averaging USD 69.28 per barrel. The drop followed an announcement by eight OPEC+ countries—Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman—to increase crude oil production from April to July 2025. The additional output, which totalled 1.37 million barrels per day, reversed earlier voluntary cuts. Saudi Arabia is now pushing for a full reinstatement of its 2.2 million barrels per day in voluntary cuts by September 2025 to regain global market share.
Office fears strait's closure could disrupt shipments
Business, Phusadee Arunmas, Published on 25/06/2025
» The possible closure of the Strait of Hormuz could increase transport costs and freight rates for Thailand, while also affecting inflation and exports to the Middle East, says the Trade Policy and Strategy Office (TPSO).
Israel-Iran war starting to hit tourism to Thailand
Narumon Kasemsuk, Published on 17/06/2025
» The Israel-Iran war is expected to affect five of Thailand’s tourism markets, which might plunge by 50%, while visits from the Middle East to Phuket have already started to decline due to airspace closures.
Protests and bad weather may rain on Trump’s parade
Published on 14/06/2025
» WASHINGTON - Nationwide protests against President Donald Trump, tensions in the Middle East amid Israel’s strikes on Iran and expected rainy weather in Washington could dampen spirits at a military parade on the US Army’s 250th anniversary, set to feature tanks on the streets and aircraft flying overhead.
Moment of truth for Prasart
News, Published on 14/06/2025
» As the Thai-Cambodian Joint Boundary Commission (JBC) convenes in Phnom Penh on Saturday amid rising tensions, Prasart Prasasvinitchai, leader of the Thai delegation, faces a defining moment after his appointment was welcomed by those who view him as a seasoned negotiator, but drew caution from others who see him as too divisive a figure to calm such a sensitive diplomatic issue.
Oman to host US-Iran nuclear talks on Sunday
AFP, Published on 12/06/2025
» MUSCAT — Oman said Thursday it would host a sixth round of nuclear talks between Washington and Tehran over the weekend, amid escalating tensions between the long-time foes and reports of an imminent Israeli attack on Iran.
Bumrungrad denies inaccurate report
Business, Published on 11/06/2025
» Bumrungrad International Hospital has denied a Thai-language media report titled “Bumrungrad in Trouble! Oil Tycoons Disappear” because the article contains factual inaccuracies and omits crucial context that misrepresents both Bumrungrad’s position and Thailand’s healthcare landscape.
Uzbekistan and Jordan qualify for World Cup for first time, South Korea through
AFP, Published on 06/06/2025
» DUBAI - Uzbekistan and Jordan made history on Thursday by qualifying for their first World Cup, while the pair will be joined in next year's tournament by perennial participants South Korea.