Thailand Increases Fuel Prices Amid Middle East Conflict
The Oil Fuel Fund Office (OFFO) has announced a 60-satang per liter increase for both diesel and gasoline, effective October 21, 2026, citing global market volatility.
According to a report by Matichon Online, the Oil Fuel Fund Office (OFFO) has officially announced an upward adjustment in domestic fuel prices. Starting October 21, 2026, both diesel and gasoline prices will increase by 60 satang per liter.
This decision follows a recent surge in global oil prices, which officials attribute to the ongoing conflict in the Middle East. The volatility in international energy markets has necessitated this intervention to manage the stability of the Oil Fuel Fund.
For residents and travelers in Thailand, this price hike will likely lead to an immediate increase in transportation costs and may influence the pricing of goods and services that rely on logistics. Those planning travel within the country should anticipate higher fuel expenses for rental vehicles or private transport.
While the price adjustment is confirmed for tomorrow, the duration of these higher rates remains uncertain. The OFFO has not provided a specific timeline for when prices might stabilize or decrease, as the situation remains heavily dependent on the evolving geopolitical landscape in the Middle East. Residents are advised to monitor local news outlets for further updates regarding potential future adjustments to energy costs.
