Thailand PM calls for energy saving as Middle East conflict drives price surge
Why it matters: The Middle East conflict is causing up to a 60% surge in costs, forcing Thailand to conserve energy and AirAsia X to raise fares.
- Thailand's Prime Minister Anutin Charnvirakul has called for public energy conservation, suggesting work-from-home and carpooling, due to rising oil prices.
- The Middle East conflict is driving a surge in costs, with Channel News Asia reporting increases of up to 60%, impacting Singaporean brands.
- AirAsia X plans to raise fares and cut capacity in response to the Middle East war, according to Straits Times Asia.
Thailand's Prime Minister Anutin Charnvirakul has urged citizens to conserve energy through measures like working from home and carpooling, as the Middle East conflict drives a significant surge in oil prices, impacting import-reliant nations. This price hike, reportedly up to 60%, is also threatening Singaporean brands' global ambitions and prompting airlines like AirAsia X to raise fares and cut capacity.
