Thailand Says No Direct US Aid as Iran Conflict Strains Economy

Thailand Says No Direct US Aid as Iran Conflict Strains Economy

BANGKOK, April 29, 2026 — Thailand is seeking closer ties with China and Russia as it grapples with rising energy and fertiliser costs triggered by the conflict involving the United States, Israel and Iran, with officials saying Washington has provided no direct assistance.

Foreign Minister Sihasak Phuangketkeow said in an interview that the war has disrupted global supply chains, pushing up fuel and agricultural input costs and placing pressure on Thailand’s economy, particularly its farming sector.

Prices for urea fertiliser have nearly doubled, affecting more than 10 million farmers, while diesel costs have surged to record levels, he said.

Sihasak said the United States had not engaged directly with Thailand to offer support, apart from suggesting countries purchase American oil and gas.

In response, Thailand has stepped up efforts to secure supplies from alternative partners, including Russia, while also seeking assistance from China. Thai officials have explored importing Russian crude, though concerns over potential U.S. sanctions have complicated negotiations.

Bangkok has also asked China for help in ensuring safe passage for Thai vessels operating near the Strait of Hormuz, a key global shipping route where tensions remain high despite a ceasefire.

The risks were underscored in March when a Thai-flagged vessel was hit by Iranian missiles in the area, killing three crew members.

Thailand has intensified diplomatic outreach, including talks with Oman, to secure maritime routes, but officials remain cautious about prospects as instability continues.

Sihasak said shifting U.S. policies and broader economic measures, including tariffs and aid cuts, have added uncertainty, prompting Thailand to reassess its international partnerships as it navigates the crisis.