Foreign investors flee Thailand as Iran war, energy shock dash hope for economic revival

SINGAPORE - Foreign investors are selling Thai assets as ‌an energy shock from the U.S.-Israeli ‌war on Iran threatens to snuff out hopes for an economic revival under Prime Minister Anutin Charnvirakul and exposes the policy paralysis that is gripping Bangkok.The conflict has sent global oil prices up to near $100 a barrel, sharpening the focus on Asia's reliance on energy supplies from the Gulf. Thailand is among the most exposed, with the Middle East supplying nearly half of its oil and gas, according to Krungsri Research.With public debt on the brink of eclipsing the government's sel…READ FULL ARTICLE