The long holiday during the Songkran festival may ease pressure on Thailand’s oil reserves, as demand for diesel is expected to decrease during this period, says the Department of Energy Business.

Despite a two-week ceasefire between the US and Iran, Thai airlines still have to adjust their operational strategies for the summer schedule to match travel demand dampened by concerns over uncertainty surrounding the oil crisis.

The government has outlined management guidelines to tackle the ongoing plastic pellet crisis. Key initiatives will focus on identifying high-priority items, promoting the use of alternative materials, and enhancing recycling.

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.