Showing 1 - 10 of 212
Thai business confidence slumps to 7-month low
Business, Lamonphet Apisitniran, Published on 19/06/2025
» The Thai Industries Sentiment Index (TISI) fell to 88.1 points in May, the lowest level in seven months, as business confidence remains low, partly attributed to the impact of new geopolitical conflicts on the economy, says the Federation of Thai Industries (FTI).
Collision between tankers in Sea of Oman caused by navigational error
Reuters, Published on 18/06/2025
» DUBAI — The United Arab Emirates' (UAE) energy ministry said a collision between two oil tankers near the Strait of Hormuz was likely caused by a navigational misjudgement by one of the vessels.
Diesel price stays at B32 per litre
Business, Yuthana Praiwan, Published on 18/06/2025
» The domestic diesel price in Thailand will remain unchanged at 32 baht a litre, even though the Israel-Iran conflict has pushed up world oil prices, the Oil Fuel Fund Office (Offo) said on Tuesday.
Israel, Iran trade blows for third day with no sign of letup
Published on 15/06/2025
» Israel and Iran continued intense bombardments on one another’s territories for the third day, with no sign of a reprieve and growing concerns over a wider conflict in one of the world’s key oil-producing regions.
Iran launches new attack wave on Israel as conflict widens
Bloomberg News, Published on 14/06/2025
» LONDON — Iran fired hundreds of ballistic missiles against Israel following an unprecedented direct attack on its nuclear facilities, ramping up a conflict between sworn enemies that threatens to engulf the Middle East and disrupt global oil supplies.
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.
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.
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.
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.
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.