Brent and WTI crude prices rose for the fifth consecutive day following US President Trump's threat of severe economic sanctions on Iran and related entities. The moves directly impact Thailand's energy costs—Brent reached $93.78/bbl and WTI $87.83/bbl. Analysts expect sustained geopolitical risk premiums given unresolved Middle East tensions and Iran's control of the Strait of Hormuz, which handles roughly 1 in 5 of global oil shipments. UAE has suspended all financial dealings with Iran, signaling heightened regional stress.
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