AWOL

Foreign Affairs Minister Sihasak Phuangketkeow on Wednesday confirmed the deaths of three Thai crew members who went missing following an attack on the vessel MV Mayuree Naree in the Strait of Hormuz last month amid the Middle East conflict.

Thailand will slash pump prices for diesel by 2.14 baht a litre from Thursday, offering motorists and businesses immediate relief after the government approved an overhaul of refinery pricing to ease household costs and shore up the heavily…

CHON BURI – An oil tanker that was earlier stranded in the Strait of Hormuz has successfully completed its journey to Chon Buri, delivering its cargo of crude oil to Bangchak Corporation.

The ongoing conflict in the Middle East has pushed up the Treasury Department’s coin production costs, raising the possibility that 1-baht coins may eventually need to be minted overseas, where production costs are lower.

Thailand’s equity market is expected to come under pressure as surging diesel prices raise concerns over economic growth and corporate earnings, although easing geopolitical tensions may help cushion downside risks, analysts say.

Tourism operators have expressed mixed views on the new government’s plan to levy a 300‑baht tourism tax, as it may affect travel sentiment amid sluggish tourism caused by the Middle East crisis.

Energy Minister Akanat Promphan, in his capacity as chairman of the Energy Policy Administration Committee (Epac), has ordered a reduction in diesel refining margins aimed at lowering retail fuel prices by about 2.14 baht per litre, with the measure expected to take effect on Thursday.