IEA warns Southeast Asia faces soaring energy costs after war-related disruptions

IEA warns Southeast Asia faces soaring energy costs after war-related disruptions 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 by the International Energy Agency (IEA). The report says disruptions linked to the US-Israeli war on Iran, including the closure of the Strait of Hormuz, triggered an energy shock across the region, leading to higher fuel costs and increased inflation. In res