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Search Result for “hormuz”

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WORLD

18 killed, fires still burning in huge Iran port blast

AFP, Published on 27/04/2025

» TEHRAN - Fires were blazing Sunday a day after a massive explosion tore through Iran's largest commercial port, killing at least 18 people and wounding 800 others, according to state media.

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GENERAL

Thai businesses are concerned about effect on oil prices, shipping costs and the local currency

Business, Post Reporters, Published on 14/10/2024

» Amidst a stagnant domestic economy, geopolitical tensions in the Middle East are regarded as a crucial factor that could greatly impact the Thai private sector as the war between Israel and Hamas drags on for over a year with no end in sight.

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GENERAL

Oil price could hammer indebted fuel fund

Business, Yuthana Praiwan, Published on 07/10/2024

» Escalating tensions between Israel and Iran are expected to drive up global crude oil prices, affecting the Oil Fuel Fund Office's (Offo) debt repayment plan, says an official at the Energy Ministry.

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OPINION

Countries that are in step must trade together

Oped, Published on 14/09/2024

» Donald Trump and Kamala Harris agree on little except a disdain for free trade. Ahead of the 2024 US presidential election, Mr Trump has threatened a 10% across-the-board tariff on imports, while Ms Harris, whose policy positions remain murky, has indicated that she would follow in President Joe Biden's footsteps with "targeted and strategic tariffs". American politicians' free-trade enthusiasm of the 1980s and 1990s has vanished, and this scares other countries, which know that the United States -- despite its wobbles and foibles -- remains the world's most attractive trading partner.

OPINION

The bigger game: Israel and Saudi Arabia vs Iran

Oped, Gwynne Dyer, Published on 22/06/2024

» Gaza, IDF, Hamas, Mr Netanyahu, famine, terrorism, genocide, and on and on: the loud, incessant clatter of local issues and tactical moves almost drowns out the low, grinding noise as the Middle East shifts inexorably into a new strategic alignment. But it's happening, and it's still about oil, sort of.

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GENERAL

Vietnam to prioritise economic growth as challenges mount

Published on 20/05/2024

» Vietnam’s government will prioritise supporting economic growth amid lingering challenges from weak global demand, Deputy Prime Minister Le Minh Khai said.

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GENERAL

Council anticipates 1-2% export growth

Business, Phusadee Arunmas, Published on 08/05/2024

» The Thai National Shippers' Council (TNSC) is confident exports will grow by 1-2% this year and suggested the planned hike in the daily minimum wage must be considered thoroughly, with supportive government measures provided under the wage committee mechanism.

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GENERAL

Calculating the cost of war

Business, Published on 29/04/2024

» Currency depreciation, a surge in oil prices and a decline in purchasing power often result from geopolitical conflicts.

OPINION

Oil traders optimistic on war risks

News, Published on 23/04/2024

» Petroleum prices have fallen following Iran's missile and drone assault on Israel, confounding expectations that the escalation of the shadow war would cause them to rise.

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INVESTMENT

Asian shares slump as Mideast risk rises

Published on 20/04/2024

» RECAP: Asian stocks plunged yesterday as broad risk aversion swept through markets on escalating tensions between Iran and Israel and worries about higher-for-longer US rates.