Iran war ‘stark wake-up call’ for fossil fuel- dependent Southeast Asia: IEA report

An International Energy Agency report warns that the Iran war has highlighted Southeast Asia's vulnerability due to its heavy reliance on oil and gas through the Strait of Hormuz, urging faster energy diversification to avoid economic risks. The report emphasizes the region's exposure to shocks from the conflict, calling it a 'stark wake-up call' for energy security.