ASEAN diplomats voice ‘serious concern’ over Iran war and energy crisis
ASEAN diplomats voice ‘serious concern’ over Iran war and energy crisis Southeast Asian countries are highly affected by oil supply shortages caused by...
Key points
- ASEAN diplomats voice ‘serious concern’ over Iran war and energy crisis Southeast Asian countries are highly affected by oil supply shortages caused by the Iran war and the Strait of Hormuz closure.
- Southeast Asian nations are “deeply concerned” about the impact of blockades of key maritime trade routes in the Middle East, their top diplomats have said.
- Foreign ministers from the Association of Southeast Asian Nations (ASEAN) and their key partners met in the Philippines on Tuesday against a backdrop of instability due to the global impact on trade and energy supplies caused by the US-Israel war on Iran and the closure of the Strait of Hormuz, as well as territorial disputes with Beijing in the South China Sea.
- Recommended Stories list of 4 items- list 1 of 4Trump to visit Xi Jinping in China on May 14 and 15 after Iran war delay - list 2 of 4Southeast Asia’s leaders confront fallout from Iran war at ASEAN summit - list 3 of 4Global energy crisis highlights meagre oil buffers in developing world - list 4 of 4World reacts to US-Iran deal to extend ceasefire, reopen Strait of Hormuz Southeast Asian countries have a combined gross domestic product (GDP) of $3.8 trillion but are highly exposed to supply limitations caused by the blockade of the Strait of Hormuz, as they are heavily dependent on Gulf countries for their oil imports.
What happened
ASEAN diplomats voice ‘serious concern’ over Iran war and energy crisis Southeast Asian countries are highly affected by oil supply shortages caused by the Iran war and the Strait of Hormuz closure. Southeast Asian nations are “deeply concerned” about the impact of blockades of key maritime trade routes in the Middle East, their top diplomats have said. Foreign ministers from the Association of Southeast Asian Nations (ASEAN) and their key partners met in the Philippines on Tuesday against a backdrop of instability due to the global impact on trade and energy supplies caused by the US-Israel war on Iran and the closure of the Strait of Hormuz, as well as territorial disputes with Beijing in the South China Sea. Recommended Stories list of 4 items- list 1 of 4Trump to visit Xi Jinping in China on May 14 and 15 after Iran war delay - list 2 of 4Southeast Asia’s leaders confront fallout from Iran war at ASEAN summit - list 3 of 4Global energy crisis highlights meagre oil buffers in developing world - list 4 of 4World reacts to US-Iran deal to extend ceasefire, reopen Strait of Hormuz Southeast Asian countries have a combined gross domestic product (GDP) of $3.8 trillion but are...