Phar, Kim Beng (2026) Southeast Asia faces contrasting energy challenges as crisis deepens. Free Malaysia Today, 2026 (28). pp. 1-3.
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Abstract
This article examines the contrasting energy challenges confronting Southeast Asian states as the deepening crisis in West Asia disrupts global crude oil supplies and intensifies pressures on energy prices. It argues that the effects of an international energy shock are not experienced uniformly across the region, given the differing energy structures, resource endowments, fiscal capacities, and levels of import dependence among ASEAN member states. While energy-producing countries may possess greater buffers against external supply disruptions, energy-importing economies face heightened vulnerabilities arising from rising fuel costs, inflationary pressures, and increased burdens on households and industries. The article highlights how these structural differences complicate the development of a coherent regional response to a rapidly evolving energy crisis. It further contends that Southeast Asia must recognise energy security as both a national and regional strategic challenge, requiring greater coordination, diversification of energy sources, and stronger mechanisms for managing external shocks. The article concludes that the deepening crisis exposes persistent asymmetries within Southeast Asia's energy landscape and underscores the need for ASEAN states to strengthen resilience collectively while developing policies tailored to their respective domestic vulnerabilities. Without timely and coordinated action, prolonged instability in global energy markets may deepen existing economic disparities and undermine regional economic stability.
| Item Type: | Article (Electronic Media) |
|---|---|
| Uncontrolled Keywords: | Southeast Asia; ASEAN; Energy Security; Energy Crisis; West Asia; Crude Oil Supply; Energy Prices; Regional Resilience; Energy Import Dependence; Economic Stability |
| Subjects: | J Political Science > JZ International relations |
| Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): | International Institute of Islamic Thought and Civilization (ISTAC) Office of the Rector |
| Depositing User: | Dr Kim Beng Phar |
| Date Deposited: | 18 Jul 2026 08:41 |
| Last Update: | 20 Jul 2026 10:21 |
| Queue Number: | 2026-07-Q4156 |
| URI: | http://irep.iium.edu.my/id/eprint/130054 |
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