Rising tensions in the Middle East have exposed Southeast Asia’s growing reliance on imported energy and are testing the region’s economic resilience, say experts.
Countries across the region have banned fuel exports and are attempting to reduce fuel consumption in anticipation of a regional energy crunch.
Governments the region are taking steps to limit the fallout from the conflict in the Middle East, keeping an eye on the impact of higher oil prices and supply-chain disruptions.
From Manila to Hanoi, the region’s governments are taking steps to absorb supply shocks and depress demand for increasingly scarce fuels.
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