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…

"Russia has enormous experience in electricity generation and energy supplies," ASEAN Secretary-General Kao Kim Hourn said

Economic Development Minister Maxim Reshetnikov stressed that trade turnover between Russia and ASEAN had increased by 58% over the past 10 years, reaching $21 bln

The joint declaration notes that such developments have a direct impact on regional stability, economic resilience, and development

The parties plan to achieve this, among other measures, through the expansion of trade, investment and long-term commercial partnerships in the fields of oil, gas, LNG and…

The Philippines is seeking a more permanent oil supply relationship with Russia as it works to diversify away from its heavy dependence on Middle Eastern crude following the…

The global energy crisis has given a new momentum to relations between Moscow and the 11-nation Southeast Asian bloc.

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…

While energy may be ‘a good opening’ for Russia to boost Asean ties, analysts say its relevance in the region is unlikely to grow.