Geopolitical conflicts have tested the Thai economy the past few years, with Russia’s invasion of Ukraine continuing as Israel and Hamas renew hostilities in the Middle East.
The expected war in Gaza is likely to have a ripple effect on energy prices and affect other trade partners in the region.
According to the International Trade Promotion Department, Israel is Thailand’s 40th-largest trading partner and sixth in the Middle East.
In the first eight months of this year, trade between Thailand and…
