Energy sector to purchase oil outside the Middle East

AI Summary

Energy authorities and oil traders in Thailand are planning to increase crude oil imports from regions outside the Middle East due to disruptions in critical shipping routes like the Red Sea and the Strait of Hormuz caused by escalating conflict. This shift aims to secure energy supplies amid ongoing geopolitical tensions.

Energy authorities and oil traders are preparing to import more crude oil from outside the Middle East as the escalating conflict disrupts two key shipping routes -- the Red Sea and the Strait of Hormuz.