Thailand's oil fund deficit is projected to breach 100 billion baht by late September or early October 2026, currently at 92 billion baht and rising ~700 million daily. The Energy Ministry is preparing a new loan round of approximately 100 billion baht after exhausting a previous 200 billion baht facility through debt repayment. The loan may require Treasury guarantee backing, similar to Russia–Ukraine crisis measures. Long-term fund stability depends on energy policy decisions and potential fuel subsidy adjustments.