"Security and geopolitical reasons could be used to design trade policies, which could heighten uncertainty in global trade. Heightened geopolitical risks tend to raise the costs of trade, logistics and insurance premiums, with many investors and businesses likely to delay their decisions, which in turn affects global trade sentiment. Global trade may experience greater economic decoupling as countries choose sides or attempt to maintain a balanced approach, he said. Uncertainty will become the new normal for global trade," said Mr Dhanakorn. If global oil prices remain low, Russia cannot earn as much money from its oil exports, affecting its financial support of military operations," he said.

Source: Bangkok Post January 11, 2026 22:06 UTC