New attacks on shipping as Iran war talks hit fresh impasse
– By Reuters and published by US News & World Report DUBAI: The US and Yemen’s Iran-aligned Houthis reported separate attacks on shipping on Tuesday (Aug. 11) as prospects for ending the Iran war appeared to dim, with Tehran saying the Strait of Hormuz would remain closed unless Washington accepts its conditions. The attacks, in […]
Read MoreThailand able to cope with oil and LNG price volatility
AMID volatility of oil and liquefied natural gas (LNG) prices globally the Energy Ministry confirmed that as of July 30 Thailand has sufficient oil reserves for 101 days with several measures being implemented to mitigate the impact of higher oil prices and electricity costs on the public, PPTVHD36 said today (July 31). Mr. Veerapat […]
Read MoreBrent falls below US$75 as Nasdaq drops for third straight day
By AFP and published by CNA NEW YORK: Oil prices retreated on Wednesday (June 24) to their lowest levels since the start of the United States-Iran war while tech shares continued to show weakness on a mixed day for global stocks. Brent crude dropped below US$75 a barrel for the first time since the […]
Read MoreNetizens pile in after clip of deserted Koh Phi Phi goes viral
A VIDEO clip of deserted Koh Phi Phi off Krabi went viral online and attracted lots of comments with netizens pointing to high prices as a major issue dissuading tourists from visiting the well-known destination, Naewna newspaper said today (June 23). A TikToker by the name of Warinthonexworrac posted the video footage on the […]
Read MorePrices of building materials soar as Middle East war drags on
THE Commerce Ministry said today (May 22) that ongoing US-Iran war has led to the construction materials price index rising 112.4 points in April, a jump of 5.9%, which is the highest in 44 months, according to PPTVHD36. Mr. Nantapong Chiralerspong, director of the Trade Policy and Strategy Office, said as the Middle East […]
Read MoreOil touches 2-week high after drone attack on UAE nuclear power plant
By Reuters and published by The Star SINGAPORE: Oil prices extended gains on Monday (May 18) as efforts to end the US-Israeli war on Iran appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as US President Donald Trump is expected to discuss military options […]
Read MoreOil prices drop 9% and Wall Street rallies to a record after Iran reopens the Strait of Hormuz
By AP and published by Yahoo!News NEW YORK – Oil prices dropped back to where they were in the early days of the Iran war, and US stocks raced to another record on Friday (April 17) after Iran said the Strait of Hormuz is open again for commercial tankers carrying crude from the Persian […]
Read MoreMiddle East conflict hits Phang Nga tourism – hundreds of tour boats sitting idle
THE Middle East conflict has led to tourism in southern Phang Nga province declining with hundreds of tour boats sitting idle at Surakul pier, aka Kasom pier, in Takua Thung district which is a popular departure point for tours of Phang Nga Bay, Naewna newspaper said today (April 16). Ms. Chotimont (surname withheld), manager […]
Read MoreUS oil benchmark jumps 8%, surpasses US$100 after failed US-Iran talks
By Agencies and published by CNA TOKYO – The US oil benchmark rebounded above US$100 a barrel on Monday (April 13) after peace talks between the United States and Iran failed to make a breakthrough, and with US President Donald Trump ordering a blockade of Iranian ports. Shortly after trading began, a barrel of […]
Read MoreEnergy prices may not drop for another one to two years: Ekniti
AT the marathon parliamentary debate following the delivery of the Bhumjaithai-led government’s policy statement by Prime Minister Anutin Charnvirakul this morning (April 9), Deputy Prime Minister/Finance Minister Ekniti Nitithanprapas this evening thanked MPs for their suggestions on various economic issues while warning that energy prices may not return to pre-conflict low level for another […]
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