The Business Times
business-time-50
NEW GLOBAL ORDER

Why renewables alone cannot deliver energy security for S-E Asia

Asean countries should go beyond diversification of oil import sources

Summarise
google-preferred-sourceAdd BT as a preferred source
阅读简体中文版 (beta)
    • Energy security requires diversification across fuels, technologies and equipment, backed by stronger regional institutions and coordination.
    • Energy security requires diversification across fuels, technologies and equipment, backed by stronger regional institutions and coordination. PHOTO: PEXELS

    Liu Jingting, Parag Dass, Huang Yijia and Yan Bowen

    Published Tue, Apr 14, 2026 · 07:00 AM

    THE effective closure of the Strait of Hormuz on Feb 28, 2026, disrupted the world’s access to roughly 25 per cent of its daily seaborne oil supply overnight.

    After US-Iran peace talks failed to reach a deal on Sunday (Apr 12), US President Donald Trump announced a blockade of Hormuz and threatened to interdict any vessel that had paid Iran’s toll.

    For Asean, a region built on open shipping lanes and imported fuel, the shock is rippling from Manila to Bangkok. Recent developments only heighten the urgency of energy security.

    New Global OrderEnergy securityAseanRenewable energyLiquefied natural gasoil

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    The exterior (left) and interior (right) views of Waterwall House, featuring glass interfaces, open voids, split levels and raw concrete walls.

    Rare brutalist Singapore house opens to the public before changing hands

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More