Ekniti views the US-Iran MOU as supporting a recovery in the global investment climate but stresses the need for close monitoring of the situation, adding that damaged energy infrastructure may only depress oil prices in the short term.
At 13:20 on 18 June 2026 GMT+7 at the Government House, Ekniti Nitithanprapas, Deputy Prime Minister and Finance Minister, commented on the online signing of a Memorandum of Understanding (MOU) on 17 June US time between US President Donald Trump and Iranian President Masoud Pezeshkian. This MOU aims to pave the way for a permanent peace agreement to end the war between the two sides. He emphasized the need to closely monitor the situation, as global economic volatility remains and can change at any time.
"Close monitoring is required, but if the war ends, at least the economic investment climate should improve. However, regarding infrastructure, preliminary analysis shows that much of the energy infrastructure in the major Middle Eastern production areas has been destroyed. Therefore, overall the atmosphere should improve, but the fundamental impacts must be closely observed."
Regarding oil prices, there may be a short-term decline, but it might not be as significant as before because much of the oil and natural gas infrastructure has been destroyed. Restoration will take time, so close attention must be paid to how the situation develops.