Can Southeast Asia survive more Iran war fuel shocks?
AI Summary
Southeast Asian countries face renewed risks of fuel supply disruptions due to ongoing conflict tensions between the U.S. and Iran, emphasizing the region's vulnerability to Middle East energy shocks and the critical importance of shipping routes.
Southeast Asia’s governments have spent months trying to blunt the effects of war-driven energy shocks from the Middle East, but renewed fighting between the United States and Iran has exposed how limited those defences are, analysts have warned. The latest flare-up has revived fears of a second round of fuel disruption across the region, where many economies remain heavily dependent on imported oil and shipping routes linked to the Gulf. Southeast Asian leaders expressed “grave concern” over...