Philippine, Thai Earnings Seen Southeast Asia’s Worst Hit by Iran War
2026-06-18 23:18:19
Philippine and Thai companies are bearing the brunt of earnings downgrades across Southeast Asia as their economies rely heavily on oil and gas choked off by the closure of the Strait of Hormuz. In the region, according to Bloomberg, the Philippines and Thailand are seen as the most exposed to the impact of the Iran war on energy supplies.
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