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Search Result for “Iraq”

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BUSINESS

Rice exports beat 2025 goal on strong year-end demand

Business, Published on 22/01/2026

» Rice exports tallied 7.9 million tonnes in 2025, surpassing the initial goal of 7.5 million tonnes, says the Department of Foreign Trade (DFT).

BUSINESS

Trump hits Iran trade partners with tariffs as protest deaths soar

AFP, Published on 13/01/2026

» US President Donald Trump announced a 25% tariff on any country doing business with Iran, ramping up pressure as a rights group estimated a crackdown on protests in the country has killed at least 648 people.

BUSINESS

Thai rice exports may fall as much as 12.5% in 2026 as baht bites

Reuters and Post Reporters, Published on 26/12/2025

» Thailand’s rice exports are projected to fall to 7 million tonnes next year from about 8 million in 2025, with the strong baht making it harder to compete with plentiful ‌supplies of India, the Ministry of Commerce said on Friday.

BUSINESS

Global crude oil prices pressured by oversupply

Published on 22/12/2025

» Crude oil prices in the global market declined amid expectations of a supply surplus, with ICE Brent crude between October 1 - December 16, 2025 falling by $4.7 per barrel from the previous quarter to average $63.4 per barrel. The decline followed increased global supply, driven by eight OPEC+ members — Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman — collectively raising production from April–December 2025 by almost 3 million barrels per day, unwinding their voluntary cuts to defend market share. Additional supply growth from non-OPEC+ producers such as the United States, Brazil, Canada and Guyana further contributed to the imbalance.

BUSINESS

War-torn Myanmar embraces solar to tackle power crisis

Reuters, Published on 14/11/2025

» When Thailand cut power supply to Myanmar across its western border this year, it intended to curb online scam centres linked to regional networks trafficking hundreds of thousands of people.

BUSINESS

Wars and Geopolitical Tensions Drive Global Oil Prices Higher 

Published on 19/09/2025

» Global crude oil prices have edged higher in recent months as prolonged wars and geopolitical tensions continue to disrupt energy supplies. Between July 1 and September 15, 2025, ICE Brent crude rose by US$1.51 per barrel from the previous quarter, averaging US$68.16 per barrel. The increase was driven mainly by the escalating war between Russia and Ukraine. Although US President Donald Trump and Russian President Vladimir Putin met in Alaska on August 15 to discuss a peace deal and ceasefire, the summit ended without agreement, and both sides continued retaliatory strikes. 

BUSINESS

Key Opec+ members boost oil production

AFP, Published on 07/09/2025

» LONDON — Eight key members of the Organisation of the Petroleum Exporting Countries Plus (Opec+) alliance said Sunday they have agreed to again boost oil production, in a strategy analysts saw as a bid to gain a bigger market share of crude sales.

BUSINESS

Rice exporters target new Asian markets

Business, Phusadee Arunmas, Published on 11/08/2025

» The Commerce Ministry has announced a plan to increase rice exports to China, Bangladesh, Saudi Arabia, Japan and Hong Kong.

BUSINESS

Opec+ steps up oil output increases

Reuters, 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.

BUSINESS

Factbox: Airlines suspend Middle East flights

Reuters, Published on 26/06/2025

» Israel's strikes against Iran have prompted international airlines to halt flights to some Middle East destinations due to air space closures and safety concerns.