PM Anuthin Orders Energy Minister to Cut Fuel Prices
Prime Minister Anuthin ordered the Energy Minister on July 7 to cut fuel prices substantially, citing falling global oil costs and the need to ease household and business expenses.
Prime Minister Anuthin Charnvirakul ordered Energy Minister Eknath Prom-phand during a cabinet meeting on July 7, 2026, to find ways to reduce retail fuel prices immediately and substantially. The PM noted that global oil prices have fallen and stabilized, making a domestic price cut justified. He emphasized the need to consider living costs, household expenses, and business operating costs. "When world prices went up, we asked people to accept higher prices. Now that global oil prices are down, we should pass that reduction on immediately and meaningfully, not gradually," Anuthin said. He specified there is no timeline set, but the Energy Ministry must work through its various committees, including the Fuel Fund Management Committee, to implement the policy. On food prices, the PM said Deputy PM and Commerce Minister Sophee Suthiramphan is aware and will proceed accordingly. The fuel price reduction is expected to lower prices across multiple product categories. The government will continue its blue flag affordable product program, price controls, and the Thai Helps Thai Plus initiative to reduce living expenses. When asked about inflation concerns, Anuthin stated the government must pursue multiple economic policies while focusing on improving public quality of life.
