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Thailand Faces Fuel Crisis Amid Hoarding and Smuggling

4/7/2026

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Story summary
  • Thailand faces a severe fuel supply crisis due to alleged oil hoarding and smuggling as diesel prices reach 50 baht per litre (US$1.54).
  • Prime Minister Anutin Charnvirakul warned conditions will worsen because the country relies on fuel imports, especially after the US-Israel war on Iran and the closure of the Strait of Hormuz.
  • Police investigations are focused on Surat Thani, where abnormal vessel movements suggest illegal fuel transfers.
  • Charnvirakul urged citizens to conserve energy as the nation grapples with dwindling fuel stocks and potential shortages.