Iran-Israel Crisis Disrupts Hormuz Strait: Thailand Faces Rising Fuel Costs and Economic Strain
Iran blockade of Hormuz Strait sends oil prices soaring. Thailand residents face higher fuel bills, food costs, and supply delays in coming weeks.
Tracking economy for Thailand — coverage from the newsroom in Bangkok.
Iran blockade of Hormuz Strait sends oil prices soaring. Thailand residents face higher fuel bills, food costs, and supply delays in coming weeks.
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Middle East tensions trigger 54 flight cancellations and fuel price hikes across Thailand's Suvarnabhumi and Phuket airports. With only 61-day energy reserves and travel disruptions mounting, residents face higher fuel costs and delays starting March 4.
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Iran's Hormuz blockade threatens Thailand's fuel supply. With 61 days of oil reserves, expect diesel & electricity price hikes. What residents need to know.
YLG and major Thai gold retailers suspend trading until March 2 at 10am. Prices jump ฿1,450 overnight amid Middle East tensions. Heavy trading expected Monday morning.