The war in the Middle East has increased urgency for ASEAN to implement energy-security measures, as the region’s reliance on Middle Eastern crude oil exposes it to price shocks.
Middle East war sharpens focus on ASEAN energy security plans
ASEAN’s reliance on Middle Eastern crude oil, coupled with rising global prices, has prompted discussions on implementing regional fuel-security measures and long-term initiatives like the ASEAN Power Grid and renewable energy deployment