Brent rose to US$88.52 and West Texas to US$82.40 a barrel on 14 Aug 2026 after the US signalled new economic sanctions on Iran. Attacks on ships in the Strait of Hormuz continue and RBC sees no sign of a near-term peace deal, so supply risk stays high. For a Thai SME, this points to possible pressure on diesel and fuel prices, freight and transport costs. Review fuel and shipping budgets and pricing for the coming quarter. Prices can move quickly, so check local pump prices before committing to long fixed-price contracts.