ASEAN ministers to hold meetings to address Middle East crisis
ASEAN ministers meet to address crude and LNG supply disruptions from Middle East conflict, with member countries activating emergency measures and inflation, jobs at risk.
- On March 13, 2026, ASEAN economic ministers' retreat and a special virtual meeting of ASEAN foreign ministers convened in Manila, hosted by the Philippines, 2026 ASEAN chair, to address a deepening energy crisis.
- After joint US and Israeli strikes on Iran nearly two weeks ago, around 2,000 have died and the Strait of Hormuz shutdown sent crude above $100 a barrel amid Qatar's LNG halt.
- Several ASEAN members have already acted, with Thailand halting energy exports earlier this month, Vietnam cutting retail fuel prices on March 12, and the Philippines shortening the work week and seeking excise-tax suspension powers, while ASEAN ministers urged synchronised responses.
- The International Energy Agency announced a 400 million-barrel release, yet a Washington-based Asian diplomat said reserves cover about one month, and Indo-Pacific countries prepare for a two-week supply gap.
- Observers point to China as a potential short-term supply facilitator, with Iran setting three conditions for ending the war and the U.S. saying it hit 28 mine-laying ships while oil spiked more than 29 percent.
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18 Articles
"Sihasak" chairs a special ASEAN Foreign Ministers' meeting to discuss ways to provide energy assistance and protect ASEAN citizens in the conflict zones of the Middle East, and continues to call for peaceful negotiations.
ASEAN must strengthen resilience against shocks from Middle East crisis, DTI chief says
MANILA — Philippine Trade Secretary Cristina Roque said on Friday the conflict in the Middle East underscores how deeply interconnected the global economy has become, with geopolitical tensions triggering immediate economic shocks. Opening an ASEAN economic ministers’ meeting, she stressed that the goal is to strengthen regional resilience and deepen integration so the Southeast Asian bloc can […] The post ASEAN must strengthen resilience agains…
ASEAN ministers to hold meetings to address Middle East crisis
The widening conflict in the Middle East is expected to dominate discussions at Friday's ASEAN economic ministers' retreat, with foreign ministers also holding a virtual meeting on the same day to tackle a deepening crisis that has upended global markets.
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