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Bangkok Post
Bangkok Post
Business

Officials offer advice to prevent panic buying of fuel

A petrol station in Samut Prakan displays signs saying that types of fuel, including gasohol 91, 95, and diesel, are out of stock. A notice is also posted "Fuel is currently being transported to replenish the supply." (Photo: Somchai Poomlard)

Policymakers should prioritise managing public sentiment during potential energy crises, warning that panic buying can be more disruptive than actual fuel shortages, says an energy analyst.

The recommendation is one of the lessons learned from the recent turmoil sparked by the Israel-US conflict with Iran, which rattled global oil markets earlier this year.

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