MANILA: The Association of Southeast Asian Nations and Russia have agreed to deepen energy cooperation, as the region works to secure supply amid the global crisis sparked by the US war on Iran. Many Southeast Asian nations rely on the Middle East for crude oil imports, making them among the hardest hit by the energy supply crisis sparked by the closure of the Strait of Hormuz following the US and Israeli attacks on Iran that began on Feb. 28.

BANGKOK: The war in Iran has exposed major risks for Southeast Asia that could cost the region many billions of dollars if it does not diversify sources of energy more quickly,…

Southeast Asian countries could face sharply rising energy costs unless they accelerate efforts to diversify their energy supplies, according to a new report released on Tuesday…