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As the Strait of Hormuz remains closed, Thailand accelerates the procurement of oil and fertilizers.

As the Strait of Hormuz remains closed, Thailand accelerates the procurement of oil and fertilizers.

金十金十2026/04/16 04:28
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Golden Ten Data reported on April 16 that, due to the increasingly tense situation in the Strait of Hormuz and the continuous depletion of oil and fertilizer reserves, Thailand is stepping up efforts to obtain new supplies of oil and fertilizers. The country's Foreign Minister, Sihasak Phuangketkeow, traveled to Oman this week to negotiate emergency fuel supply and is working to ensure Thai vessels can safely pass through this strategic waterway. Meanwhile, Agriculture Minister Surya Chongglengchinkit has requested Russia to supply 1 to 2 million tons of urea fertilizer annually at "preferential prices". Companies such as PhosAgro and Uralchem have expressed interest in signing long-term contracts.
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