Energy Security in the Shadow of War: How SEA Countries are Navigating the 2026 Fuel Crisis
When the Middle East conflict escalated into an open war, the subsequent blockade of the Strait of Hormuz on 4 March sent immediate shockwaves through the global energy market. For the CASE countries—Thailand, Indonesia, the Philippines, and Vietnam—this represented an existential threat, as one-fifth of global oil and gas supplies normally pass through this chokepoint and Southeast Asian countries import around 56% of their crude oil from the Middle East. The supply blackout and the skyrocketing price of fossil fuels have forced governments to prioritise supply security through domestic reserves, stockpiling, and fuel diversification.
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