# New attack on Strait of Hormuz raises risk of a prolonged Asian energy shock

- Link: https://www.thailand-business-news.com/markets/commodities/328419-new-attack-on-strait-of-hormuz-raises-risk-of-a-prolonged-asian-energy-shock
- Published: 2026-09-13T23:34:39+07:00
- Author: Nadjib Mohamed

A new maritime attack in the **Strait of Hormuz** has intensified fears that the
disruption to global energy supplies could become more severe. The UK Maritime Trade
Operations agency reported that a vessel was hit by a projectile, while Saudi Arabia
has already temporarily shut its **East-West oil pipeline**, which normally carries
around **4–5 million barrels per day**.

## Key points

 * New vessel attack reported in **Strait of Hormuz**, with shipping disruption 
   continuing.
 * Saudi Arabia’s alternative East-West pipeline carrying **4–5m barrels/day** has
   been temporarily shut.
 * Houthi control of **Perim Island** raises additional risks for the Bab el-Mandeb
   and Red Sea trade route.

**Why it matters:** **Thailand faces a double exposure through both higher energy
prices and higher shipping costs. The shock could reinforce Bangkok’s push for renewable
energy and domestic energy resilience,** but in the short term it threatens corporate
margins, household purchasing power, inflation and Thailand’s external balance.

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The Saudi pipeline had become particularly important because it provides an alternative
export route while traffic through Hormuz remains severely disrupted. The latest
incident therefore removes part of the Gulf’s spare logistical capacity at precisely
the moment when oil markets are already facing supply shortages.

The risks extend beyond crude oil. The Houthis have taken control of **Perim Island**,
strategically located at the entrance to the Bab el-Mandeb, potentially increasing
the threat to shipping between the Gulf and the Red Sea. With both Hormuz and Bab
el-Mandeb under pressure, Asian importers face higher insurance, freight and delivery
costs in addition to the direct increase in energy prices.

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Iran has also signalled that a planned meeting in Oman will not immediately reopen
the Strait of Hormuz. Tehran is seeking conditions including recognition of its 
position over the waterway and the right to collect transit fees, making a rapid
return to normal shipping conditions increasingly uncertain.

For Thailand, the implications are significant because the country is a major net
energy importer. A prolonged period of oil above US$100 would increase transport
and production costs, put pressure on inflation and the trade balance, and complicate
monetary policy even if domestic demand remains weak.