Hormuz Crisis: The Real Test of Asean's Energy Security

Over 150,000 new EVs expected on Thai roads this year amid energy crisis

BANGKOK, Thailand – Approximately 153,000 new electric vehicles are projected to hit Thailand’s roads this year, driven largely by the ongoing energy crisis triggered by the prolonged conflict in the Middle East, according to a forecast by TMBThanachart Bank’s economic assessment centre, TTB Analytics. Luxury Hybrid Car Catches Fire While Charging Overnight In Pathum Thani […] Source

Iraq adopts financial measures to address Hormuz crisis

Baghdad (IraqiNews.com) – Iraqi Finance Minister Faleh Sari confirmed that the closure of the Strait of Hormuz has had a direct impact on his country’s economy, citing the relationship between trade, oil flows, and developments in the region. Sari indicated that the Ministry of Finance is committed to tackling the current situation by increasing non-oil revenue, developing financial management tools, and advancing the reform process. The Iraqi m…