Oil prices are rising not because we stopped importing from Thailand.

Some people mistakenly believe that the current increase in fuel prices is because Cambodia has stopped importing fuel from Thailand. But that is not the truth. It is because of the effects of the war between Iran and Israel so far.

An analyst claimed on June 23, 2025 that don’t get me wrong, the price increase is just a coincidence. But the real thing is not.

The price of fuel before June 21 was for diesel fuel, which was 3,550 riels, and regular gasoline was 3,750 riels, and gasoline was 4,400 riels. In one liter. But now, diesel has risen to 3,800 riels, while regular gasoline has risen to 3,950 riels, and super-petrol is around 4,600 riels per liter.

The analyst claimed that “the real reason is because of the consequences of the war between Israel and Iran.”

He continued that before Israel launched its attack on Iran on June 13, the price of crude oil on the world market It was only around $65 per barrel, but after Israel attacked Iran, it rose to $75 per barrel, and when the United States attacked Iran, it rose to $79 per barrel.

He said that according to international news he had read, in a worst-case scenario, the price of crude oil on the international market could reach $130 per barrel.

Although Cambodia has banned the import of all types of fuel and liquefied petroleum gas from Thailand from 12:00 p.m. on June 22, the King announced that fuel distribution companies in Cambodia will be able to import fuel. and sufficient fuel gas from other sources to supply the domestic needs of our people. Don’t say that just one month, even if it’s forever, it’s not a problem.

The report said that in the past 5 months, Cambodia imported a total of 1,045 billion dollars, down 13 percent compared to the same period last year. Of which, Cambodia imported diesel oil worth $571 million, down 11 percent, gasoline worth $335 million, down 21 percent, and gas worth $139 million, up 1.6 percent.

Hot this week

Besides oil and trade, what else is the Iran-Israel war causing?

In addition to crude oil and...

Is World War III starting? Who are the main players in this war?

The air war between Israel and Iran is a...

Is World War III starting? Who are the main players in this war?

The air war between Israel and Iran is a...

Nationalism lacking truth can fan the flames of racial conflict.

As citizens of a country, people must have a...

Topics

spot_img

Related Articles