"Fuel"

The Lao government will provide fuel importers with a Letter of Credit worth US$200 million (7.1 billion baht) for the purchase of fuel to meet the nation’s needs for the next two months, Deputy Prime Minister Sonexay Siphandone told the National Assembly on Thursday.

More people are opting for travel by train as their preferred mode of transport due to high fuel prices. As health concerns caused by Covid-19 are diminishing, people are commuting more often, but higher fuel prices have increased the cost of daily commutes in their own vehicle.

The government will maintain energy and financial stability to mitigate the impacts of rising energy prices especially on vulnerable people, Prime Minister Prayut Chan-o-cha said on Wednesday.

A stove called "Maha Setthi" (millionaire), presented by the Department of Alternative Energy Development and Efficiency, which aims to help conserve energy amid the rising price of cooking gas, went viral on Monday.

Here comes the time to accelerate bold actions to tackle the climate crisis as it is poised to get worse.

The South Korean government on Sunday decided to further extend tax cuts on fuel consumption as part of efforts to ease inflationary pressure from surging energy costs.

Prime Minister Ranil Wickremesinghe has said Sri Lanka may be compelled to buy more oil from Russia to deal with the present fuel crisis.

The Finance Ministry said a move to borrow 30 billion baht to boost liquidity of the Oil Fuel Fund is on hold as the fund is not a juristic entity so cannot apply for the loan itself.

The Oil Fuel Fund Executive Committee on Monday agreed to raise diesel price from THB32.94 to THB33.94 per litre from Tuesday (June 7).

Lasanda Deepthi cleans her "tuk-tuk" outside her home. But most of her day will probably be spent standing in queues outside petrol stations, with Sri Lanka currently facing fuel shortages as it combats a tough and debilitating economic crisis.

The retail price of diesel will rise by one baht to 33 baht per litre as of Tuesday, the Fuel Fund Executive Committee announced on Monday.

Over 150 motorcycle delivery riders rode to Energy Ministry headquarters in Chatuchak district on Friday to demand the government fixes the price of gasohol at 38 baht per litre.