As a major net importer of oil and gas, Thailand faces a downward revision of its GDP growth forecast to as low as 1.3% and heightened inflationary pressures.
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Given the geopolitical stakes, analysts warn that the conflict could drive oil prices to historic levels, affecting economies worldwide—including Thailand.
Read moreDetailsOPEC+ worries that a potential increase in US oil production under Trump might erode its market share, hinder efforts to support prices, and challenge plans to raise output.
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