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Thailand holds 60-day oil buffer as Israel-Iran tensions threaten global supply

12 Sept 01:28 Key points summarised by AI

Thailand maintains a 60-day oil reserve, including crude, in-transit, and refined oil, to counter potential supply disruptions from escalating Israel-Iran tensions.
The Ministry of Energy closely monitors the conflict as global oil prices rise, anticipating further increases if vital transport routes like the Strait of Hormuz are disrupted.
Thailand's Oil Fuel Fund has reduced levies on petrol and diesel to stabilize domestic fuel prices amidst the global uncertainty.
The ongoing conflict involves mutual strikes and casualties, with Israel stating its aim to prevent Iran from acquiring nuclear weapons, a claim Iran denies.

Yesterday 14:22 Key points summarised by AI

Thailand's Education Ministry is implementing a four-pronged strategy to address its students' below-average performance in PISA 2025 and tackle significant educational inequality.
The plan prioritizes closing performance gaps by increasing funding for small and low-income schools, overhauling the curriculum to foster critical thinking, and adopting a data-driven management system to reduce teacher workload.
Key initiatives include enhancing school safety, combating cyberbullying, and expanding mental health support through peer-to-peer networks, recognizing the severe impact of distress on academic performance.
An education expert advises verifying if PISA improvements stem from structural changes, advocating for a revived STEM curriculum with practical 'learn by doing' methods, and urging bureaucratic reform to link teacher evaluations to student development.