Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Business

Thailand’s economy severely impacted by global fuel crisis as Iran conflict disrupts supply chains

Published

on

Thailand's economy severely impacted by global fuel crisis as Iran conflict disrupts supply chains

The Iran-related conflict has sparked a global energy crisis, impacting economies worldwide. In Thailand, fuel shortages cause long queues, rising costs, and disruptions to services like cremations, agriculture, and transportation. The crisis highlights how Middle East instability triggers ripple effects across global supply chains, leading to rising prices and economic strain beyond the region.

A Temple’s Role During Crises

This temple in suburban Bangkok has served as a vital support during emergencies, providing free cremation for around 1,300 bodies during the COVID-19 pandemic, offering relief to struggling families. However, current global conflicts threaten its capacity to continue this service, particularly because it relies on fuel for cremation processes. The ongoing war in Iran and the Gulf region has led to fuel shortages, with the tanker that previously delivered 2,000 liters weekly halting operations due to government subsidy cuts. This situation has also caused smaller fuel stations to shut down, exacerbating the supply crisis and limiting the temple’s ability to manage bodies efficiently.

Fuel Shortages and Societal Impact

Fuel scarcity has caused long lines at fuel stations, with people rushing to fill up amid fears of rising prices as government subsidies end. Farmers, especially rice growers, face disruptions during critical planting and harvesting periods, as they cannot secure enough diesel for machinery and water pumps. Ponzan Tajan, a farmer, had to stockpile fuel for days to operate her harvesting equipment but worries about water shortages for her crops come April, highlighting the widespread economic strain caused by the fuel crisis. The supply issues are creating a ripple effect across various sectors, emphasizing how interconnected resource shortages are with daily life and food security.

Broader geopolitical implications

The crisis is rooted in international tensions, with the war on Iran having far-reaching consequences. Ponzan recalls the impact of global politics on her community, noting how the conflict has led to fuel shortages and economic instability. She mentions her unfamiliarity with Donald Trump, but now she associates him with initiating a conflict that has destabilized the Middle East and disrupted supplies worldwide. As resource scarcity intensifies, it underscores the complex, global repercussions of regional conflicts and their influence on ordinary lives far beyond the original conflict zones.

Advertisement

source

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Nvidia CEO to kick off and dominate Computex gathering in Taipei

Published

on

Nvidia CEO to kick off and dominate Computex gathering in Taipei


Nvidia CEO to kick off and dominate Computex gathering in Taipei

Continue Reading

Business

TiumBio reports trial data for head and neck cancer drug

Published

on


TiumBio reports trial data for head and neck cancer drug

Continue Reading

Business

UK businesses stay downbeat about economy, surveys show

Published

on

UK businesses stay downbeat about economy, surveys show


UK businesses stay downbeat about economy, surveys show

Continue Reading

Business

Dollar set for weekly loss amid US-Iran ceasefire deal

Published

on

Dollar set for weekly loss amid US-Iran ceasefire deal


Dollar set for weekly loss amid US-Iran ceasefire deal

Continue Reading

Business

From lottery draws to fiscal spending, China broadens digital yuan footprint

Published

on

From lottery draws to fiscal spending, China broadens digital yuan footprint


From lottery draws to fiscal spending, China broadens digital yuan footprint

Continue Reading

Business

AMMB Holdings Berhad 2026 Q4 – Results – Earnings Call Presentation (OTCMKTS:AMMHF) 2026-05-31

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

This article was written by

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

Continue Reading

Business

Zoomd Technologies Ltd. 2026 Q1 – Results – Earnings Call Presentation (TSXV:ZOMD:CA) 2026-05-31

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

This article was written by

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

Continue Reading

Business

Dell unveils $699 XPS 13 laptop in challenge to Apple’s MacBook Neo

Published

on

Dell unveils $699 XPS 13 laptop in challenge to Apple’s MacBook Neo


Dell unveils $699 XPS 13 laptop in challenge to Apple’s MacBook Neo

Continue Reading

Business

BOJ may heed calls to pause bond taper next year

Published

on

BOJ may heed calls to pause bond taper next year


BOJ may heed calls to pause bond taper next year

Continue Reading

Business

Oil prices rise more than 2% as Israel moves further into Lebanon

Published

on

Oil prices rise more than 2% as Israel moves further into Lebanon


Oil prices rise more than 2% as Israel moves further into Lebanon

Continue Reading

Trending

Copyright © 2025