Close Menu
Simply Invest Asia
  • Home
  • About us
  • Explore industries/sectors
    • Automobile
    • Aviation
    • Banking
    • Biotechnology
    • Chemical & Fertilizer
    • Entertainment and Media
    • Food Processing
    • Healthcare
    • Iron and Steel
    • Leather
    • Mining
    • Oil and Gas
    • Pharmaceutical
  • Explore by countries
    • China
    • Dubai / UAE
    • Hong Kong
    • India
    • Indonesia
    • Japan
    • Malaysia
  • Explore cities
    • Bangkok
    • Beijing
    • Chongqing
    • Delhi
    • Dubai
    • Guangzhou
    • Jakarta
    • Kuala Lumpur
  • Why Asia
Facebook X (Twitter) Instagram Threads
Trending:
  • Split Airport reopens after “serious” Iberia incident
  • Beijing Pledges Continued Military Support as Somali Defence Minister Meets Chinese Envoy
  • Hong Kong wins 2026 World Cosplay Summit – LinkedIn
  • Slovenia beats Japan during 3rd-place match at 2026 VNL Men’s Final Round-Xinhua
  • Shin-Etsu Chemical (TSE:4063) Could Be 29% Undervalued Following Earnings Dividend Lift
  • Japan’s intelligence integration: Paving the way for war?
  • Dubai property deliveries surge as housing supply races to meet demand
  • 8 killed as heavy rain batters India’s Kerala state
  • Police appeal after bag stolen near Boston church
  • GPS man disputes claim of East Malaysia losing kingmaker role
  • Planes, trains and automobiles to orientation – The Cavalier Daily
  • A blaze on an Indonesian passenger ferry leaves at least 5 dead and dozens missing
  • Tourists chase high-octane thrill in China’s trending biker capital The roar of engines fill the Chongqing night air, as dozens of tourists awkwardly clamber onto the backs of gleaming motorbikes to…
  • National Institutes of Biotechnology Malaysia – TRP | The Rakyat Post
  • How can Hong Kong retirees ease the pain of rising healthcare costs?
  • Jordan, UAE Sign EPC Contract for 25-MW Wind Power Project in Ma’an
  • Dubai Future Foundation and Oxa Launch Autonomous Logistics Future Lab
  • Indian Cyclists David Beckham and Ronaldo Turn Heads at 2026 Commonwealth Games in Glasgow
Sunday, August 2
Facebook X (Twitter) Instagram
Simply Invest Asia
  • Home
  • About us
  • Explore industries/sectors
    • Automobile
    • Aviation
    • Banking
    • Biotechnology
    • Chemical & Fertilizer
    • Entertainment and Media
    • Food Processing
    • Healthcare
    • Iron and Steel
    • Leather
    • Mining
    • Oil and Gas
    • Pharmaceutical
  • Explore by countries
    • China
    • Dubai / UAE
    • Hong Kong
    • India
    • Indonesia
    • Japan
    • Malaysia
  • Explore cities
    • Bangkok
    • Beijing
    • Chongqing
    • Delhi
    • Dubai
    • Guangzhou
    • Jakarta
    • Kuala Lumpur
  • Why Asia
Simply Invest Asia
Home»Explore industries/sectors»Oil and Gas»Will Asean’s scramble for Russian oil fuel shift in regional alliances?
Oil and Gas

Will Asean’s scramble for Russian oil fuel shift in regional alliances?

By IslaApril 28, 20262 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Across Southeast Asia, governments are seeking Russian oil and gas to ease fuel shortages triggered by the continuing chokehold on the Strait of Hormuz, a crisis that has sent energy prices higher and forced import-dependent countries to look beyond their usual suppliers.

But analysts say the scramble for Russian fuel also raises a bigger question for the region: whether Moscow can turn a short-term role as an emergency energy supplier into longer-term influence there.

Member states of the Association of Southeast Asian Nations have pursued separate efforts to procure fuel supplies from Russia to shore up domestic reserves, using a temporary US sanctions waiver for some Russian oil transactions even as Moscow remains under broader Western sanctions over its war in Ukraine.
A tugboat guides the Russian oil tanker Anatoly Kolodkin as it arrives at a port in northwestern Cuba on March 31. Asean members have turned to Russia to secure oil supplies. Photo: AFP
A tugboat guides the Russian oil tanker Anatoly Kolodkin as it arrives at a port in northwestern Cuba on March 31. Asean members have turned to Russia to secure oil supplies. Photo: AFP

The move by Asean members – including Malaysia, Indonesia, Vietnam, the Philippines and Myanmar – to seek Russian oil could lead to the “reshaping of regional alliances to achieve supply chain resilience”, Chester Cabalza, founder and president of the Manila-based think tank International Development and Security Cooperation, told This Week in Asia.

Cabalza said there was a high probability that Russia could use its role as an “energy lifeline” in the region as an opening to secure the “currency of influence” in Asean, with the closure of the Strait of Hormuz continuing to place pressure on a region dependent on imports from the Gulf for over half of its oil and gas needs.

Southeast Asia produces 2 million barrels of oil of its daily requirement of 5 million barrels, forcing it to import the remainder to meet its energy demands, according to the Carnegie Endowment for International Peace.

Meanwhile, data from the US Energy Information Administration showed that 84 per cent of crude oil and 83 per cent of liquefied natural gas passing through the Strait of Hormuz in 2024 was bound for Asia.



Source link

Related Posts

Equinor Q2 earnings jump 75% on higher energy prices

August 2, 2026

US Energy Firms Add Rigs for Sixth Time in Seven Weeks, Says Baker Hughes – Energy News, Top Headlines, Commentaries, Features & Events

August 1, 2026

NZ Grants First Offshore Oil & Gas Permit Post-Ban Reversal | EnZed Energy Taranaki – News and Statistics

August 1, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

China Scraps 12,000 Degrees in Biggest Academic Overhaul in Years

June 14, 2026

Chinese Wall may stem India tech flows for electronics and automobile

June 1, 2026

Abandoned malls, whispers of nuclear war and young foreigners detained. This is what’s REALLY going on in Dubai… and the chilling warning one taxi driver gave to the Mail’s IAN BIRRELL

April 11, 2026
Don't Miss

Split Airport reopens after “serious” Iberia incident

By IslaAugust 2, 2026

Split Airport temporarily suspended operations yesterday afternoon after an Iberia Airbus A320 aircraft sustained damage…

Beijing Pledges Continued Military Support as Somali Defence Minister Meets Chinese Envoy

August 2, 2026

Hong Kong wins 2026 World Cosplay Summit – LinkedIn

August 2, 2026

Slovenia beats Japan during 3rd-place match at 2026 VNL Men’s Final Round-Xinhua

August 2, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Top Trending

Tourists chase high-octane thrill in China’s trending biker capital The roar of engines fill the Chongqing night air, as dozens of tourists awkwardly clamber onto the backs of gleaming motorbikes to…

By IslaAugust 2, 2026

National Institutes of Biotechnology Malaysia – TRP | The Rakyat Post

By IslaAugust 2, 2026

How can Hong Kong retirees ease the pain of rising healthcare costs?

By IslaAugust 2, 2026
Most Popular

Can India Lead a Bloc Without a Cause? – The Diplomat

April 17, 2026

How Delhi plans to curb waterlogging on key road connecting national capital and Gurgaon | Delhi News

July 17, 2026

UAE says 'no party has the right' to use its defence partnerships as pretext for threats – Khaleej Times

May 7, 2026
Our Picks

China comes up with new plan to solve falling birth rates – The Independent

April 22, 2026

Household chemical disposal event returns to Torquay

August 1, 2026

flydubai doubles daily flights to Bangkok amid strong travel demand

July 20, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

© 2026 Simply Invest Asia.
  • Get In Touch
  • Cookie Policy
  • Privacy policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first.

Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.