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Five measures proposed to rescue Thailand’s Oil Fuel Fund

Five measures proposed to rescue Thailand’s Oil Fuel Fund

October 22, 2026

Thailand’s oil fund had a 103.561-billion-baht deficit on October 18, prompting proposals for refinery price cuts and support for biofuels.

Oil Fuel Fund risks Bt100bn deficit as Red Sea crisis deepens

Houthi attacks on Saudi tankers threaten a key Red Sea oil route as Thailand’s Oil Fuel Fund spends Bt651 million a day cushioning higher fuel costs.

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