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Interesting what’s happening in Thailand these days. While the conflict in Iran keeps everyone’s eyes on the energy markets, Bangkok doesn’t seem particularly worried. The finance minister confirmed on Monday that the country’s oil reserves should last about 60 days, so for now, the situation is under control.
What’s striking is how the authorities are already assessing possible scenarios. They have convened senior ministers to understand what the real effects on the economy could be. And here, the news from Thailand is reassuring: financial markets remain stable, no panic. Tourism and trade — which are the true engines of the economy in Southeast Asia — are not experiencing significant impacts for now.
Prime Minister Anutin acknowledged that, of course, such a conflict could still have repercussions, but the government is already working to limit the damage. It’s the kind of communication that markets appreciate: not denying the risks, but showing that there is a plan. We’ll see how the situation develops, but at the moment, Thailand seems to have the tools to navigate this global uncertainty.