Thai Prime Minister Confirms Energy Security Amid Middle East Tensions; Domestic Stockpiles Surplus

Key summary

Prime Minister Anutin Charnvirakul stated that Thailand will not face oil shortages despite geopolitical conflicts in the Middle East. He noted that domestic energy stocks are currently so high that temporary export orders were approved to clear them, while consumers cooperate by avoiding waste. The government is advancing an energy transition policy to encourage the use of clean energy, including solar power and electric vehicles, offering incentives such as grid access for selling excess electricity back to the state.