Hormuz Crisis Highlights Thailand's Energy Security Challenge: The Urgent Need to Revise the Petroleum Act B.E. 2514
Economy

Hormuz Crisis Highlights Thailand's Energy Security Challenge: The Urgent Need to Revise the Petroleum Act B.E. 2514

Rising tensions in the Strait of Hormuz have underscored Thailand's energy security vulnerabilities. Experts point to the outdated Petroleum Act B.E. 2514, enacted in 1971, as inadequate for the current energy landscape, urging its swift revision.

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