Thailand determined to diversify oil imports
AI Summary
Thailand is looking to diversify its oil imports amid stalled negotiations in Iran. The Energy Ministry reports that local oil reserves can sustain consumption for 117 days, highlighting the urgency to secure alternative sources.
Amid concerns as negotiations to end the conflict in Iran hit a roadblock, Thailand has oil reserves to cover 117 days of consumption, says the Energy Ministry, piling on pressure to secure oil from regions other than the Middle East.