Article
Southeast Asia Needs 100TWh More Power, But Its Weak Grid Is A Problem
Southeast Asia Needs 100TWh More Power, But Its Weak Grid Is A Problem
By Haley Zaremba of OilPrice.com
The war in Iran has exposed a critical vulnerability in Southeast Asia’s energy markets. The region is heavily dependent on fossil fuel imports, and demand is continuing its steep growth trajectory even as global crude oil prices remain punishingly high. Though the Strait of Hormuz is finally reopening, restoring flows of crude oil out of the Persian Gulf and toward Asian buyers, global oil markets have a long road toward recovery. Luckily, the...
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France Pushes Syria Strategic Energy Corridor Vision Despite Bombing During Macron Visit
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Via The Cradle
French Foreign Minister Jean-Noel Barrot on Thursday said that Paris is developing "alternative routes" following a return to war between the US and Iran, singling out Syria as a primary gateway to Persian Gulf oil.
"Among all the efforts we have made since the start of this crisis, there is the idea of preparing alternative routes so that we are not dependent on blockages here or there," Barrot said.
AFP/Getty Images: French President Emmanuel Macron shakes hands with...
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