Thailand's PM expresses concern regarding possible oil smuggling
Thailand's PM's concerns about potential oil smuggling could signal a tightening of regulatory scrutiny in the region.
Fire erupted at Al-Ahmedi port refinery in Kuwait due to suicide drone attacks
Russian Deputy Foreign Minister Ryabkov comments that the shortest way to a settlement in Ukraine is to halt arms deliveries to Kyiv from the US and NATO countries, according to TASS
Thailand's PM expresses concern regarding possible oil smuggling
Japan's order for hundred of Tomahawk missiles from the US has been delayed due to US use in Iran conflict, according to Bloomberg
UN Security Council vote on Strait of Hormuz was reportedly rescheduled to Saturday, according to Al Jazeera
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This may impact oil supply dynamics and prices, particularly in the WTI market, as increased enforcement could disrupt illicit flows. It's crucial to monitor how this situation evolves, as geopolitics often influence commodity prices significantly.
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