Gulf Development could benefit from Thailand’s new power plan, analyst Nuttapop Prasitsuksant notes. The roadmap calls for 51 GW solar, 21 GW wind and 6 GW gas‑fired capacity through 2034, creating contracts for independent producers. Gulf may win roughly 30 % of the renewables pool and plans up to 2 GW of data‑center projects by 2035. The broker raised the target to 75.00 baht from 65.00; shares closed at 63.00.

Former President Trump claimed a secret U.S. operation has moved more than 100 million barrels of oil through the Strait of Hormuz since last month, citing over 200 commercial vessels safely passing. Washington continues to block Iranian‑port traffic, promising to maintain the blockade until a diplomatic deal emerges. Normal flow averages 20 million barrels daily, making the reported surge significant for global supply.

Oil futures jumped after Trump warned of additional U.S. strikes on Iran following the downing of an Apache helicopter. StoneX’s Arlan Suderman said markets have grown accustomed to such rhetoric, yet renewed fighting between Israel and Hezbollah and tense exchanges between Israeli and Turkish leaders rekindle fears of a broader conflict. WTI settled 2.1 % higher at $90.03 a barrel, while Brent rose to $93.10.