Thailand's Fishing Industry Faces Crisis as Fuel Prices Surge Amid Middle East Conflict
The National Fisheries Association of Thailand has raised alarm bells as the nation's fishing industry grapples with escalating fuel costs amidst the ongoing conflict in the Middle East. Reports indicate that approximately 50% of Thailand's fishing fleet is currently docked due to unprecedented diesel prices, which have surged beyond 45 baht (approximately US$1.38) per litre. This price represents a staggering increase of over 30% compared to levels recorded before the onset of the conflict, threatening the livelihoods of an estimated hundreds of thousands employed within the sector. The fishing community, ranging from deep-sea fishers to upscale dining establishments, is bracing... [Continue Reading]
