Thai Cabinet to Consider Reducing Fuel Excise Tax on Oct. 27 Amid Rising Oil Prices
Naewna
Key summary
On October 24, 2026, at 07:30, Prime Minister Anutin Charnvirakul, who also serves as Minister of Interior, stated that the Cabinet would meet on Tuesday, October 27, to consider reducing excise taxes on E20 fuel. The government attributes rising oil prices to fluctuating crude oil costs and aims to transition energy structures to reduce dependence on crude oil. When asked if a solution for lower prices was available that day, Anutin confirmed the proposal would be presented to the Cabinet.
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Official source
Naewna
Read original ↗https://www.naewna.com/n/politics/129585/