The most immediate impact, he said, would be a sharp rise in oil prices if supply routes are disrupted. Prices could surge to around $150 or even $200, potentially triggering a severe “super oil shock” similar to past crises. “The conflict is not just a regional military issue, but a shock to the global economic system,” Mr Kriengsak said. He also called for professional leadership, warning against political appointments based on patronage. “In times of crisis, leadership can determine the fate of a nation,” he said, urging unity and preparedness to navigate an increasingly uncertain world.

Source: Bangkok Post March 18, 2026 14:15 UTC