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Pundits fret over oil prices as war widens

Analysts are expressing concerns about the new government’s ability to manage skyrocketing oil prices, as Houthi rebel involvement signals a broadening and prolonged conflict in the Middle East.

Call for fuel tax cut as crisis mounts

The Federation of Thai Industries (FTI) has called on the government to introduce urgent measures, including a possible excise tax reduction on fuel, to help small and medium-sized enterprises (SMEs) cope with escalating operating costs driven by surging global crude oil prices.