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War & Conflict1h 32m ago

An IEA report warns 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, exacerbated by the Iran war.

Southeast Asia, Strait of Hormuz

Who
IEA, Fatih Birol
What
An IEA report warns 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, exacerbated by the Iran war.
When
Tue, 16 Jun 2026 14:28:56 GMT · 1h 32m ago
Where
Southeast Asia, Strait of Hormuz ·
Why
The Iran war has highlighted Southeast Asia's vulnerability to energy shocks due to its reliance on oil and gas transported through the Strait of Hormuz, prompting a "stark wake-up call" for energy security.
The Frontline Impact

How this affects you

The conflict in the Middle East is driving a re-evaluation of energy policies in Southeast Asia, with potential for significant economic strain and inflation if the region does not diversify its energy sources and supply routes.

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