Tag: energy market updates

Sri Lanka announces electricity tariff hike as Middle East conflict drives energy costs higher

Sri Lanka announces electricity tariff hike as Middle East conflict drives energy costs higher

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Sri Lanka is set to increase electricity tariffs by as much as 18 percent starting Monday, as the country struggles with rising energy production costs linked to the ongoing conflict in the Middle East. According to the Public Utilities Commission, the increase will mainly affect high-volume electricity users consuming more than 180 kilowatt hours per […]

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From TikTok to Roblox: Indonesia Steps In to Protect Children Under 16 from Social Media Risks

Thailand Secures Safe Passage for Oil Tankers Through the Strait of Hormuz

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Thailand’s government has announced a significant development that could help stabilize the country’s energy supply. Prime Minister Anutin Charnvirakul confirmed that Thailand has successfully reached an agreement with Iran to ensure Thai oil tankers can safely pass through the Strait of Hormuz, one of the world’s most important and sensitive shipping routes. Speaking during a […]

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