Foreign Investors Sell Thai Assets as Energy Costs Rise
Foreign investors sold over 1.5 billion dollars in Thai assets in March as the Iran war raised oil prices. High energy costs now threaten economic recovery.
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Foreign investors are retreating from Thailand as an escalating energy shock stemming from the conflict between the United States, Israel, and Iran threatens to derail the nation's economic recovery. The geopolitical tension has pushed global prices for Brent Crude Oil toward $100 per barrel, highlighting the vulnerability of Southeast Asian economies that depend heavily on Middle Eastern energy imports.
