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Search Result for “energy+price”

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WORLD

Trump insists Iran nuclear programme set back ‘decades’

AFP, Published on 25/06/2025

» JERUSALEM - President Donald Trump insisted Wednesday that US strikes led to the “total obliteration” of Iran’s nuclear capabilities and set the country’s atomic programme back “decades”, while Israel said it was still early to fully assess the damage.

THAILAND

Marriott Turns Coffee Waste into Green Solutions 

Published on 25/06/2025

» Bangkok, June 25 — Something sustainable is brewing at Marriott Bonvoy’s portfolio of hotels and resorts in Thailand and Cambodia! As the planet prepares to mark World Environment Day on June 5th, 2025, Marriott Thailand Business Council has revealed a series of eco-friendly activities to eliminate food waste across the kingdom, including a coffee upcycling initiative. 

BUSINESS

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. 

WORLD

Vietnam calls for urgent talks with Russia on nuclear energy

Bloomberg News, Published on 25/06/2025

» HANOI - Vietnam is seeking urgent discussions with Russia in an effort to accelerate its nuclear program, flagging risks to the country’s goal of having a reactor in operation by the end of the decade.

WORLD

Trump baffles with sudden U-turn on China buying Iranian oil

Bloomberg News, Published on 25/06/2025

» WASHINGTON - United States President Donald Trump on Tuesday appeared to undermine years of US sanctions on Iran, giving its biggest customer China the green light to carry on buying its oil as he seeks to bolster a ceasefire with Israel.

BUSINESS

Big uptick in depositary receipt trade

Business, Nuntawun Polkuamdee, Published on 25/06/2025

» Trading of depositary receipts (DRs) has surged 125% year-on-year, reflecting a shift in investor sentiment towards international exposure amid heightened volatility in the Thai stock market triggered by both local and global headwinds, says the Stock Exchange of Thailand (SET).

BUSINESS

Com7 targets upcountry expansion

Business, Suchit Leesa-nguansuk, Published on 25/06/2025

» Despite economic headwinds, Com7 Plc, Thailand's leading IT retail chain operator, is moving ahead with the expansion of standalone branches in high-traffic upcountry locations to meet rising demand for Apple products.

BUSINESS

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).

THAILAND

Casino bill vote seen as litmus test for govt's survival

News, Aekarach Sattaburuth, Published on 25/06/2025

» People's Party (PP) MP Parit Wacharasindhu said the government will be tested next month when parliament reconvenes to deliberate the entertainment complex draft bill on July 9.

OPINION

Oil sector needs good benchmark

Oped, Viraphol Jirapraditkul, Published on 25/06/2025

» Despite having local refining capabilities, Thailand continues to base its oil prices on the Singapore market. For many, this raises a question: If we refine oil here, why must we follow prices set elsewhere? The answer lies in Thailand's energy structure and its commitment to a free-market economy.