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Originally published by Capital Businessbusiness
March 2, 2026
2h ago
Thailand suspends oil exports amid Middle East tensions
According to the announcement on Sunday, an emergency energy monitoring center has been established to closely track developments in the Middle East and assess potential impacts. Kenya breaking news | Kenya news today |..
✨ Key Highlights
In response to Iran's closure of the Strait of Hormuz amid heightened Middle East tensions, Thailand has ordered an immediate suspension of oil exports and established an emergency energy monitoring center.
- Thailand has reserves sufficient for approximately 38 days of domestic demand (crude oil and refined products).
- The Minister of Energy, Auttapol Rerkpiboon, announced the measures.
- The government plans to boost natural gas production and activate the oil fund to subsidize domestic fuel prices.
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