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Oil prices climb to highest in years as COVID recovery, power generators stoke demand

13 Sept 17:24 Key points summarised by AI

Global oil prices, including Brent and WTI crude, surged to multi-year highs, driven by a robust demand recovery from the COVID-19 pandemic.
Increased demand stems from power generators shifting away from expensive natural gas and coal to more affordable fuel oil and diesel.
Easing international travel restrictions, particularly in the U.S. and across Asia, are set to significantly boost jet fuel consumption.

Yesterday 12:06 Key points summarised by AI

Thai Foreign Minister Sihasak Phuangketkeow advises Thai nationals in Europe to avoid protest areas and reconsider non-essential travel, citing widespread unrest in countries like France, Italy, and Spain.
The warning comes as demonstrations escalate, with some turning violent, prompting concerns for safety and leading to an emergency Cabinet meeting in Italy and a proposed postponement of diplomatic talks.
Thai embassies and the Department of Consular Affairs issue advisories, urging citizens to monitor local developments, follow official announcements, and register their travel details for assistance, while emphasizing that no Thais have been directly affected yet.