Thailand's leader vowed on Saturday to keep fighting on the disputed border with Cambodia as fighter jets struck targets hours after U.S. President Donald Trump said he had brokered a new ceasefire. C

Thailand said Tuesday that Cambodia must be first to announce a truce to halt fighting between the two nations after more than a week of deadly clashes in a reignited border conflict.

Thailand will hold a general election on Feb. 8, with pre-poll surveys signaling a fractured mandate as outgoing Prime Minister Anutin Charnvirakul bets that the intensifying armed conflict with Cambodia will bolster support for his conservative party.

Fighting between the Southeast Asian countries has been some of the most intense since a five-day battle in July that ended with a ceasefire pushed by Trump.

Thailand is preparing for new elections early next year after Prime Minister Anutin Charnvirakul dissolved the House of Representatives

Thailand’s central bank ordered stricter checks on foreign-exchange transactions involving dollar sales, especially those related to gold, to curb inflows after the baht’s rapid gains this month.

The move came as China’s government urged both nations to exercise “utmost restraint” and de-escalate tensions.

TotalEnergies has agreed to sell an indirect stake of almost 10% in a Malaysian offshore gas block to Thailand’s state-backed PTTEP for an undisclosed sum, the French oil major said on Tuesday.

President Trump is expected to speak with Thailand’s prime minister on Friday, as he seeks burnish his self-styled image as a peacemaker by intervening in a border conflict between Thailand and Cambodia that entered its fifth day.

Heavy combat between Thailand and Cambodia has entered a second week, with Cambodia claiming Thai bombing is hitting deeper into its territory.