A surge in demand led to insufficient supply at petrol stations. Jobbers traditionally purchase oil directly from refineries and distribute it to farmers, factory owners and independent petrol stations in rural areas. However, the US-Iran conflict has disrupted global oil flows, prompting refineries to prioritise sales to their own branded outlets. The FTI noted that many jobbers are facing liquidity problems, as the oil sold to them is priced higher than the fuel available at subsidised petrol stations. The Oil Fuel Fund offsets costs for branded stations, creating a price gap of 11-12 baht per litre.

Source: Bangkok Post March 18, 2026 22:34 UTC