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War & Conflict2h 48m ago

The IEA warned that Southeast Asia's energy import bill could triple to US$245 billion by 2035 due to overreliance on fossil fuels transported through the Strait of Hormuz.

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Southeast Asia, Strait of Hormuz

Who
IEA, Fatih Birol
What
The IEA warned that Southeast Asia's energy import bill could triple to US$245 billion by 2035 due to overreliance on fossil fuels transported through the Strait of Hormuz.
When
Tue, 16 Jun 2026 14:28:56 GMT · 2h 48m ago
Where
Southeast Asia, Strait of Hormuz ·
Why
The Iran war served as a "stark wake-up call" for Southeast Asia's energy security due to the region's overreliance on oil and gas transported through the Strait of Hormuz.
The Frontline Impact

How this affects you

If Southeast Asia does not diversify its energy sources and supply routes, its energy import bill could surge from US$80 billion in 2024 to US$245 billion by 2035, leading to higher energy bills and inflation within the region. This highlights the vulnerability of fossil fuel-dependent economies.

Story chain

2 events in this thread
  1. Currently Reading2h 48m ago
    The IEA warned that Southeast Asia's energy import bill could triple to US$245 billion by 2035 due to overreliance on fossil fuels transported through the Strait of Hormuz.
  2. War & Conflict4h 42m ago
    A tentative deal to end the Iran war makes it reasonable to ask how soon prices will drop for gasoline, groceries, airline tickets and other items that got more expensive during the conflict.
    Open article

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