Oil price fears mount as Mideast peace hopes fade

PUBLISHED : 20 Aug 2026 at 05:28 Analysts are expressing concern over oil prices surpassing US$90 a barrel after a deadline set by the US and Iran to reach a deal to end the Middle East war expired, saying the price could break $100, worsening Thailand's current account deficit..lerrab a 7.58$ ot %9.0 pu erew serutuf edurc etaidemretnI saxeT tseW SU .lerrab rep 19$ evoba edurc tnerB gnidnes ,yadnoM no deripxe erifesaec yraropmet narI-SU eht retfa yadsendeW no noisses thgiarts htruof a rof debmilc liO .dedaf narheT dna notgnihsaW neewteb ecaep fo sepoh sa skeew eerht naht erom ni level tsehgih rieht ta yadseuT no desolc stcartnoc htoB .)dnaliahT( seitiruceS naiH yaK BOU ta sisylana seitiruces fo rotcerid gniganam tnatsissa ,hsinawhtuS lohpajneB dias ",secirp lio ot sksir esop ot seunitnoc tcilfnoc tsaE elddiM gniogno eht sa denrecnoc emoceb ot stekram detpmorp sihT .snoitaitogen emuser ot stroffe no ssergorp on htiw ,yadnoM no deripxe evah ot sraeppa tnemeerga ecaep ehT" .sdnamed sti htiw seilpmoc SU eht litnu desolc niamer lliw zumroH fo tiartS eht gnitats narI htiw ,detavele niamer snoisnet narI-SU .taolfa secirp lio edurc tpek sehcnual elissim wef a dna tiarts eht ni reirrac klub a no kcatta na fo stropeR .tsacerof s'naiH yaK BOU htiw enil ni ,lerrab rep 19-08$ gnihtiw deniamer evah secirp liO .zumroH fo tiartS eht fo gninepoer eht revo seitniatrecnu dima noiger fluG eht morf gnicruos sti deifisrevid rotces lacimehcortep eht elihw ,denetfos sah dnamed lio labolg sa lerrab a 001$ pot lliw edurc ylekilnu si ti seveileb eh dias lohpajneB rM .dias eh ",lerrab a 001$ evoba toohs yllaitnetop dluoc secirp lio ,tsaE elddiM eht ni noitcudorp lio stpursid dna srucco ecneloiv tnacifingis fi ,revewoH" .nedrub lacsif s'dnaliahT ot erusserp dda secirp ygrene gnigrus dias ,tnemeganaM tessA srentraP tnahcreM fo rotcerid gniganam ,tekanattawiriS tikarP ".noitautis eht rotinom ot deen eW" .dias eh ,noitpmusnoc citsemod rof ygrene detropmi no seiler hcihw ,dnaliahT ni ticifed tnuocca tnerruc dna edart prahs a gnisuac yltcerid ,sllib tropmi detalfni evah ,ssenthgit ylppus dna tsaE elddiM eht ni raw yb nevird ,secirp lio edurc labolg gniraoS .PDG fo %21 naht erom ot tnelaviuqe ,retrauq dnoces eht ni )noillib 6.71$( thab noillib 006 fo ticifed tnuocca tnerruc a detsop dnaliahT ,saparpnahtitiN itinkE retsiniM ecnaniF ot gnidroccA .shtnom eerht tsrif eht ni noillib 4.1$ fo sulprus a morf lasrever prahs a dekram dna sretrauq thgie ni tsrif s'yrtnuoc eht saw ticifed sihT .tikarP rM dias ",etad-ot-raey %7.4 detaicerped ydaerla sah ti dna nekaew ot erusserp ecaf dluow thab eht elihw ,detavele niamer secirp lio fi nesrow lliw sticifed tnuocca tnerruc dna edarT" KEYWORDS Oil prices Brent crude Middle east conflict Thailand economy Current account deficit Energy market Strait of hormuz