Global oil markets have been in chaos since late March 2026. Escalating tensions in the Middle East choked traffic through the Strait of Hormuz, sending the Singapore refined diesel benchmark from around US$92 per barrel to US$238 per barrel in weeks. Thailand’s Oil Fuel Fund burned through 42 billion baht in subsidies before the government …
The story What resort managers told us about oil and island travel in Thailand for 2026 as seen on Thaiger News.
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