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Iran Unrest Prompts Thailand to Monitor Oil Price Impact

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Thailand has heightened its monitoring of escalating unrest in Iran amid concerns of potential impacts on oil prices. US President Donald Trump acknowledged that Washington is observing the situation closely, with officials advising American citizens to leave Iran. This comes as tensions rise globally with disturbances in Venezuela, Greenland, and Iran.

Prime Minister Anutin Charnvirakul stated on January 13 that recent developments could affect Thailand’s geopolitical landscape. The Foreign Ministry has been tasked with evaluating the situation's potential economic and security impacts. Danucha Pichayanan from Thailand’s National Economic and Social Development Council (NESDC) noted that Iran’s role as a major oil trader makes the situation particularly concerning for Thailand.

OPEC data shows Iran as the world’s third-largest oil producer, with an output of over 3 million barrels a day. Any disruption to this could drive up international oil prices. Currently, global supply exceeds demand, keeping prices steady, but the situation warrants continued attention.

Energy Minister Attapol Rukpiboon mentioned President Trump's possible imposition of a 25% tariff on countries trading with Iran, saying it could raise oil prices due to increased geopolitical tension. While a local fuel price hike is unlikely in the immediate future, the situation requires vigilant monitoring, reported The Nation.

Key Takeaways

  • Thailand is closely monitoring Iran's unrest due to oil-price risks.

  • US advises citizens to leave Iran amidst escalating tensions.

  • Iran’s major oil output means the situation could disrupt global markets.

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Adapted by ASEAN Now from The Nation 2026-01-14

 

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I think you need to be careful what you wish for.

The fall of the Iranian regime is going to see a mass exodus of people - and they will go to Europe.

Yes you may get cheaper oil with these regime changes - but at what cost, when it allows the far right racists to take over western democricies.

I am always reminded of a documentary about Libya. Whilst there was do democracy, the people led good lives, good housing for married couples, good health care, and education was a very good standard - they even paid for alot of their population to study abroad free. The country is now a shambles.

Same with Syria. The vast majority of the country wasn't as destitute as it was made out to be. It had good education and a decent system in place.

3 hours ago, webfact said:

This comes as tensions rise globally with disturbances in Venezuela, Greenland, and Iran.

So, then we all know who to blame for a higher oil price. The clown in the US!

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