Iran war is a wake-up call for Southeast Asia’s energy sector, IEA report says

An IEA report warns that Southeast Asia's overreliance on oil and gas through the Strait of Hormuz has exposed the region to significant energy risks due to the Iran war, potentially tripling energy import costs by 2035. The conflict has accelerated shifts toward electric vehicles, nuclear power, and rooftop solar, though challenges remain in diversifying energy sources and supply routes.