Thailand Prepares Emergency Measures Amid Rising Global Oil Prices

Thailand is preparing a comprehensive response plan as global oil prices surge due to Middle Eastern tensions, according to Jin10. The plan may include an emergency decree allowing the Ministry of Finance to provide loan guarantees for the Oil Fuel Fund, aiming to stabilize fuel and gas prices in the country. A source from the Thai Ministry of Energy revealed that a proactive energy emergency plan has been developed and discussed within the ministry and the National Security Council. The plan focuses on three main strategic areas: energy price management, securing additional energy supplies, and implementing energy-saving measures.