Thailand Increases Fuel Prices Amid Middle East Tensions
The Oil Fuel Fund Office has announced a 0.60 baht per liter price hike for gasoline and B7 diesel, effective October 21, 2026.
According to a report by Prachachat Business, the Oil Fuel Fund Committee (OFFC) has officially approved an increase in retail fuel prices across Thailand. Starting October 21, 2026, the price of B7 diesel, as well as Gasohol E10 95, 91, and standard gasoline, will rise by 0.60 baht per liter.
This adjustment is attributed to the ongoing instability in the Middle East, which has caused a fresh surge in global oil prices. The OFFC, tasked with managing the country's fuel price stability, cited these external market pressures as the primary driver for the domestic price hike.
For residents and travelers in Thailand, this change will likely lead to higher transportation costs and may influence the prices of goods and services that rely on logistics. While this increase is now confirmed, the duration of these higher prices remains uncertain, as it depends on the volatility of global oil markets and the future decisions of the OFFC regarding the fuel fund's management. Travelers planning road trips or those budgeting for local transport should account for these increased fuel expenses in their travel plans. Further updates regarding potential future adjustments will depend on the evolving geopolitical situation in the Middle East.
