Fuel shortages in Asia intensified as Middle East tensions disrupted energy supplies. Indonesia’s President Prabowo Subianto visited Tokyo to explore energy partnerships, including potential liquefied petroleum gas-for-oil swaps.
The Philippines declared a national energy emergency, while Sri Lanka reduced its workweek. Vietnam urged citizens to conserve fuel, as export bans by China and Thailand severely impacted jet fuel availability.
Japan, dependent on Middle Eastern energy, is negotiating supply deals with neighbors. Meanwhile, a U.S. waiver has enabled South Korea and India to import Russian naphtha and crude oil.
Experts warn prolonged conflict will demand multilateral cooperation and diversified sourcing strategies across the region.