{"id":23576,"date":"2026-03-17T15:04:09","date_gmt":"2026-03-17T15:04:09","guid":{"rendered":"https:\/\/www.europesays.com\/iran\/23576\/"},"modified":"2026-03-17T15:04:09","modified_gmt":"2026-03-17T15:04:09","slug":"countries-face-energy-triage-as-the-iran-war-escalates","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/iran\/23576\/","title":{"rendered":"Countries face energy triage as the Iran war escalates"},"content":{"rendered":"<p>BANGKOK (AP) \u2014 The escalating war with Iran is pushing parts of the world into energy triage, forcing governments to choose where to cut demand or absorb costs, while prioritizing dwindling supplies.<\/p>\n<p><a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/middle-east-wars-energy-asia-gas-oil-8041a26142b8b7ce122c8b548f375924\" rel=\"nofollow noopener\" target=\"_blank\">Asia is the most exposed<\/a> since it relies heavily on imported fuel, much of it shipped through the now-blocked <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/hub\/strait-of-hormuz\" rel=\"nofollow noopener\" target=\"_blank\">Strait of Hormuz<\/a>. The narrow passage offshore from Iran is the main route for shipping <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/strait-hormuz-iran-israel-war-oil-15ce74cc8df0f19a6b7f6357773b07c8\" rel=\"nofollow noopener\" target=\"_blank\">a fifth of global trade<\/a> in crude oil and liquified natural gas.<\/p>\n<p>Governments in the region are scrambling to adjust \u2014 tallying oil reserves, conserving energy, competing for supplies and trying to blunt prices. That brings difficult trade-offs: saving power may slow business activity. Prioritizing cooking gas for households can hurt restaurants and other businesses. <\/p>\n<p>    <a class=\"AnchorLink\" id=\"image-3c0000\"\/><\/p>\n<p><img decoding=\"async\" class=\"Image\" alt=\"Cooks at a restaurant prepare meals over a charcoal stove following a shortage of liquefied petroleum gas in Mumbai, India, Wednesday, March 11, 2026. (AP Photo\/Rafiq Maqbool)\"  fetchpriority=\"high\" width=\"599\" height=\"399\" src=\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/03\/1773759848_45_.jpeg\" loading=\"lazy\"\/><\/p>\n<p>Cooks at a restaurant prepare meals over a charcoal stove following a shortage of liquefied petroleum gas in Mumbai, India, Wednesday, March 11, 2026. (AP Photo\/Rafiq Maqbool)<\/p>\n<p>Cooks at a restaurant prepare meals over a charcoal stove following a shortage of liquefied petroleum gas in Mumbai, India, Wednesday, March 11, 2026. (AP Photo\/Rafiq Maqbool)<\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                            Read More<\/p>\n<p>    <a class=\"AnchorLink\" id=\"image-770000\"\/><\/p>\n<p><img decoding=\"async\" class=\"Image\" alt=\"Motorists wait behind a rope for their turn to get fuel at a pump, fearing a possible fuel shortage due to the Iran war, in Dhaka, Bangladesh, Sunday, March 8, 2026. (AP Photo\/Mahmud Hossain Opu, File)\"  fetchpriority=\"high\" width=\"599\" height=\"399\" src=\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/03\/1773759848_820_.jpeg\" loading=\"lazy\"\/><\/p>\n<p>Motorists wait behind a rope for their turn to get fuel at a pump, fearing a possible fuel shortage due to the Iran war, in Dhaka, Bangladesh, Sunday, March 8, 2026. (AP Photo\/Mahmud Hossain Opu, File)<\/p>\n<p>Motorists wait behind a rope for their turn to get fuel at a pump, fearing a possible fuel shortage due to the Iran war, in Dhaka, Bangladesh, Sunday, March 8, 2026. (AP Photo\/Mahmud Hossain Opu, File)<\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                            Read More<\/p>\n<p>    <a class=\"AnchorLink\" id=\"image-8f0000\"\/><\/p>\n<p><img decoding=\"async\" class=\"Image\" alt=\"Tricycle drivers prepare their documents to receive their cash assistance from the government to help in their livelihood as oil prices continue to rise on Tuesday, March 17, 2026, in Manila, Philippines. (AP Photo\/Aaron Favila)\"  fetchpriority=\"high\" width=\"599\" height=\"399\" src=\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/03\/1773759848_261_.jpeg\" loading=\"lazy\"\/><\/p>\n<p>Tricycle drivers prepare their documents to receive their cash assistance from the government to help in their livelihood as oil prices continue to rise on Tuesday, March 17, 2026, in Manila, Philippines. (AP Photo\/Aaron Favila)<\/p>\n<p>Tricycle drivers prepare their documents to receive their cash assistance from the government to help in their livelihood as oil prices continue to rise on Tuesday, March 17, 2026, in Manila, Philippines. (AP Photo\/Aaron Favila)<\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                            Read More<\/p>\n<p>\u201cEven relatively modest constraints on energy use can create a drag on industrial activity,\u201d said Linh Nguyen, with the consultancy Control Risks. She pointed to Vietnam\u2019s energy-intensive export industries and warned that higher fuel costs or conservation measures could quickly raise production costs or slow factory output.<\/p>\n<p>Analysts warn the same hard choices could soon spread beyond Asia to <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/iran-war-africa-economy-oil-inflation-7decf5392c32718ae05a3d9d0b3906c0\" rel=\"nofollow noopener\" target=\"_blank\">fuel-importing economies in Africa<\/a> and elsewhere as countries compete for scarce supplies.<\/p>\n<p>\u201cThe situation is common across the board,\u201d said Putra Adhiguna of the Jakarta-based Energy Shift Institute. \u201cThere is no easy decision for the short term.\u201d <\/p>\n<p>Southeast Asia is rationing scarce energy<\/p>\n<p>With <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/iran-war-oil-prices-gasoline-economy-consumers-a5b47c09f83406adf2a00616382003f6\" rel=\"nofollow noopener\" target=\"_blank\">oil prices surging<\/a> despite releases of some <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/iran-war-oil-gas-02339048caa3fe1f08a198eb9224de2b\" rel=\"nofollow noopener\" target=\"_blank\">reserves<\/a>, Southeast Asia is stretching dwindling energy reserves by urging households, businesses and government agencies to slash power use.<\/p>\n<p><a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/video\/philippine-motorists-queue-outside-petrol-stations-in-manila-amid-iran-war-77474aecb4e5498f8c53e289675f1e8b\" rel=\"nofollow noopener\" target=\"_blank\">In the Philippines,<\/a> officials have switched to a four-day workweek to cut back on fuel consumption and reduce the government\u2019s energy use by a fifth. Offices have been told to switch off computers during lunch breaks and keep air conditioning no lower than 24\u00b0C (75\u00b0F). <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/video\/queues-at-petrol-stations-in-vietnam-as-oil-prices-soar-9187913d549f4d009749bf90a2a4be09\" rel=\"nofollow noopener\" target=\"_blank\">Vietnam<\/a> has urged people to work from home. While in Thailand, the <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/thailand-election-bhumjaithai-reformists-e7897c6f7f2c6eb997ced850d56c03b2\" rel=\"nofollow noopener\" target=\"_blank\">prime minister<\/a> has even asked officials to take the stairs instead of elevators.<\/p>\n<p><img decoding=\"async\" class=\"Image\" alt=\"A security guard walks along offices at the Metropolitan Manila Development Authority closed due to the implementation of four-day work week as part of a government drive to conserve energy amid the continued oil price hike on Friday, March 13, 2026 in Pasig, Philippines. (AP Photo\/Aaron Favilal)\"  fetchpriority=\"high\" width=\"599\" height=\"399\" src=\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/03\/1773759848_553_.jpeg\" loading=\"lazy\"\/><\/p>\n<p>\n                    A security guard walks along offices at the Metropolitan Manila Development Authority closed due to the implementation of four-day work week on March 13, 2026 in Pasig, Philippines. (AP Photo\/Aaron Favilal)\n                <\/p>\n<p>A security guard walks along offices at the Metropolitan Manila Development Authority closed due to the implementation of four-day work week on March 13, 2026 in Pasig, Philippines. (AP Photo\/Aaron Favilal)<\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                            Read More<\/p>\n<p><img decoding=\"async\" class=\"Image\" alt=\"Desks remain at an empty office at the Metropolitan Manila Development Authority closed due to the implementation of four-day work week on Friday, March 13, 2026 in Pasig, Philippines. (AP Photo\/Aaron Favilal)\"  fetchpriority=\"high\" width=\"599\" height=\"399\" src=\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/03\/1773759848_625_.jpeg\" loading=\"lazy\"\/><\/p>\n<p>\n                    Desks remain at an empty office at the Metropolitan Manila Development Authority closed due to the implementation of four-day work week on Friday, March 13, 2026 in Pasig, Philippines. (AP Photo\/Aaron Favilal)\n                <\/p>\n<p>Desks remain at an empty office at the Metropolitan Manila Development Authority closed due to the implementation of four-day work week on Friday, March 13, 2026 in Pasig, Philippines. (AP Photo\/Aaron Favilal)<\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                            Read More<\/p>\n<p>But this comes at a cost.<\/p>\n<p>Dieu Linh, a vegetable seller in Hanoi, said even a 10% rise in fuel costs will eat into her thin margins. \u201cIf my costs go up by even a little, the profit is almost gone,\u201d she said.<\/p>\n<p>At the same time, countries in the region are competing for limited supplies at higher costs. <\/p>\n<p>Vietnam has asked refineries and fuel distributors to keep fuel supplies high, while Thailand is stretching its roughly two-month oil reserve and seeking other domestic energy sources. Both are using price supports to shield households from rising costs.<\/p>\n<p>Thailand halted exports to protect its limited reserves, contributing to shortages that have closed nearly a third of Cambodia\u2019s roughly 6,000 gas stations.<\/p>\n<p>East Asia searches for new energy suppliers and sources<\/p>\n<p>More than 80% of the liquefied natural gas, or LNG, that passed the Strait of Hormuz in 2024 went to Asia, according to the U.S. Energy Information Administration, and much of it to Japan, South Korea and Taiwan. <\/p>\n<p>Japan\u2019s first line of defense is its vast strategic oil stockpile, amounting to around 254 days\u2019 worth of supplies. This system was set up after the shocks from the 1970s Arab oil crisis.<\/p>\n<p>    <a class=\"AnchorLink\" id=\"image-740000\"\/><\/p>\n<p><img decoding=\"async\" class=\"Image\" alt=\"Part of Eneos group's Kashima oil refinery is seen as local residents try to catch fish at a wharf in Kamisu, east of Tokyo, Sunday, March 15, 2026.(AP Photo\/Hiro Komae)\"  fetchpriority=\"high\" width=\"599\" height=\"399\" src=\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/03\/1773759849_320_.jpeg\" loading=\"lazy\"\/><\/p>\n<p>Part of Eneos group\u2019s Kashima oil refinery is seen as local residents try to catch fish at a wharf in Kamisu, east of Tokyo, Sunday, March 15, 2026.(AP Photo\/Hiro Komae)<\/p>\n<p>Part of Eneos group\u2019s Kashima oil refinery is seen as local residents try to catch fish at a wharf in Kamisu, east of Tokyo, Sunday, March 15, 2026.(AP Photo\/Hiro Komae)<\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                            Read More<\/p>\n<p>Japan began releasing about 45 days\u2019 worth of oil reserves this week to prevent fuel prices from surging as crude oil imports slow. It last released reserves after <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/www.ap.org\/news-highlights\/spotlights\/2026\/4-years-of-war-in-ukraine-in-photos\/\" target=\"_blank\" rel=\"noopener nofollow\">Russia\u2019s invasion of Ukraine<\/a> in 2022.<\/p>\n<p>This will help keep Japan\u2019s energy-intensive industries running, from automobiles to steel manufacturing and heavy machinery. Companies like Toyota, Mitsubishi and Nippon Steel depend on steady fuel supplies.<\/p>\n<p>South Korea plans to release 22.46 million barrels from its reserves under the <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/video\/wealthy-countries-agree-to-largest-ever-oil-reserve-release-to-counter-price-spike-due-to-iran-war-48d042ead65c4a57821223a60636461e\" rel=\"nofollow noopener\" target=\"_blank\">International Energy Agency<\/a> \u2019s <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/iran-us-oil-europe-reserve-release-eaf0cf9988cd7e06f0dc2a8ee800762e\" rel=\"nofollow noopener\" target=\"_blank\">largest-ever coordinated stock draw<\/a>.<\/p>\n<p>But analysts said that tapping reserves isn\u2019t a longterm solution.<\/p>\n<p>    <a class=\"AnchorLink\" id=\"image-4a0000\"\/><\/p>\n<p><img decoding=\"async\" class=\"Image\" alt=\"A protester holds a sign against Donald Trump's demands to multiple countries to send warships to keep the Strait of Hormuz open, near the U.S. Embassy in Seoul, South Korea, Monday, March 16, 2026. (AP Photo\/Lee Jin-man)\"  fetchpriority=\"high\" width=\"599\" height=\"399\" src=\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/03\/1773759849_473_.jpeg\" loading=\"lazy\"\/><\/p>\n<p>A protester holds a sign against Donald Trump\u2019s demands to multiple countries to send warships to keep the Strait of Hormuz open, near the U.S. Embassy in Seoul, South Korea, Monday, March 16, 2026. (AP Photo\/Lee Jin-man)<\/p>\n<p>A protester holds a sign against Donald Trump\u2019s demands to multiple countries to send warships to keep the Strait of Hormuz open, near the U.S. Embassy in Seoul, South Korea, Monday, March 16, 2026. (AP Photo\/Lee Jin-man)<\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                            Read More<\/p>\n<p>It will give refineries \u201csome buffer\u201d against disruptions. But this does not increase a country\u2019s overall supply unless it can buy oil released by other nations, said Muyu Xu of the energy consultancy Kpler. <\/p>\n<p>If the crisis drags on, crude oil shortages could return. The releases may keep refineries running for another few weeks, but companies may need to slow production if disruptions continue, she added.<\/p>\n<p>\u201cThe fundamental difficulties will not be solved by this action,\u201d said Mika Ohbayashi of the Renewable Energy Institute in Japan, adding that renewable energy was a long-term solution but the Japanese government was uninterested.<\/p>\n<p>Japanese <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/japan-takaichi-liberal-democrats-first-prime-minister-5c7ad37c6148087b17dcf427c4b23b37\" rel=\"nofollow noopener\" target=\"_blank\">Prime Minister Sanae Takaichi<\/a> is due to meet with U.S. President Donald Trump later this month and Japan\u2019s plans to buy more American LNG and <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/japan-earthquake-tsunami-nuclear-disaster-fukushima-9727fc1f169a199246cc0932719eae68\" rel=\"nofollow noopener\" target=\"_blank\">restart nuclear power plants<\/a> are likely to be on the agenda, analysts say.<\/p>\n<p>Populous nations prioritize homes, but face price pinch<\/p>\n<p>India is prioritizing household needs for its limited supply of liquefied petroleum gas or LPG, which is used for cooking and to power cars.<\/p>\n<p>It has absorbed more than half of the increase driven by global market disruptions under a federal scheme to keep prices low for poor households, said Indian Petroleum Minister Hardeep Singh Puri.<\/p>\n<p>But shortages are already seeping into restaurants and hotels in the world\u2019s second-largest LPG importer, as eateries shorten hours, close temporarily or trim long-simmered curries and deep-fried snacks from their menus.<\/p>\n<p>    <a class=\"AnchorLink\" id=\"gallery-a80001\"\/><\/p>\n<p>            1 of 7\u00a0|\u00a0<\/p>\n<p>An empty liquefied petroleum gas cylinder is seen beside a temple while a customer waits at a depot for the cylinder to be refilled in Hyderabad, India, Wednesday, March 11, 2026. (AP Photo\/Mahesh Kumar A.)<\/p>\n<p>            Read More<\/p>\n<p>            2 of 7\u00a0|\u00a0<\/p>\n<p>A woman talks on mobile as she waits to collect household cylinder of liquefied natural gas from an authorized dealer in Ahmedabad, India, Monday, March 16, 2026. (AP Photo\/Ajit Solanki)<\/p>\n<p>            Read More<\/p>\n<p>            3 of 7\u00a0|\u00a0<\/p>\n<p>A worker distributes household liquefied petroleum gas cylinders to customers in Srinagar, Indian controlled Kashmir, Saturday, March 14, 2026. (AP Photo\/Dar Yasin) <\/p>\n<p>            Read More<\/p>\n<p>            4 of 7\u00a0|\u00a0<\/p>\n<p>A worker inspects liquefied petroleum gas cylinders, arranged for customer delivery at a distribution centre on the outskirts of Amritsar, India, Friday, March 13, 2026. (AP Photo\/Prabhjot Gill)<\/p>\n<p>            Read More<\/p>\n<p>            5 of 7\u00a0|\u00a0<\/p>\n<p>A staff writes on a ledger as workers unload cylinders of liquified natural gas for households at a distribution point, in Kolkata, India, Wednesday, March 11, 2026. (AP Photo\/Bikas Das)<\/p>\n<p>            Read More<\/p>\n<p>            6 of 7\u00a0|\u00a0<\/p>\n<p>Women wait to collect household cylinders of liquefied natural gas from an authorized dealer in Ahmedabad, India, Monday, March 16, 2026. (AP Photo\/Ajit Solanki)<\/p>\n<p>            Read More<\/p>\n<p>            7 of 7\u00a0|\u00a0<\/p>\n<p>People queue to collect household cylinders of liquefied natural gas from an authorized dealer on a roadside in Srinagar, Indian controlled Kashmir, Saturday, March 14, 2026. (AP Photo\/Dar Yasin)<\/p>\n<p>            Read More<\/p>\n<p>            1 of 7\u00a0|\u00a0<\/p>\n<p>An empty liquefied petroleum gas cylinder is seen beside a temple while a customer waits at a depot for the cylinder to be refilled in Hyderabad, India, Wednesday, March 11, 2026. (AP Photo\/Mahesh Kumar A.)<\/p>\n<p>            Read More<\/p>\n<p>1 of 7<\/p>\n<p>An empty liquefied petroleum gas cylinder is seen beside a temple while a customer waits at a depot for the cylinder to be refilled in Hyderabad, India, Wednesday, March 11, 2026. (AP Photo\/Mahesh Kumar A.)<\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                                        Read More<\/p>\n<p>            2 of 7\u00a0|\u00a0<\/p>\n<p>A woman talks on mobile as she waits to collect household cylinder of liquefied natural gas from an authorized dealer in Ahmedabad, India, Monday, March 16, 2026. (AP Photo\/Ajit Solanki)<\/p>\n<p>            Read More<\/p>\n<p>2 of 7<\/p>\n<p>A woman talks on mobile as she waits to collect household cylinder of liquefied natural gas from an authorized dealer in Ahmedabad, India, Monday, March 16, 2026. (AP Photo\/Ajit Solanki)<\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                                        Read More<\/p>\n<p>            3 of 7\u00a0|\u00a0<\/p>\n<p>A worker distributes household liquefied petroleum gas cylinders to customers in Srinagar, Indian controlled Kashmir, Saturday, March 14, 2026. (AP Photo\/Dar Yasin) <\/p>\n<p>            Read More<\/p>\n<p>3 of 7<\/p>\n<p>A worker distributes household liquefied petroleum gas cylinders to customers in Srinagar, Indian controlled Kashmir, Saturday, March 14, 2026. (AP Photo\/Dar Yasin) <\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                                        Read More<\/p>\n<p>            4 of 7\u00a0|\u00a0<\/p>\n<p>A worker inspects liquefied petroleum gas cylinders, arranged for customer delivery at a distribution centre on the outskirts of Amritsar, India, Friday, March 13, 2026. (AP Photo\/Prabhjot Gill)<\/p>\n<p>            Read More<\/p>\n<p>4 of 7<\/p>\n<p>A worker inspects liquefied petroleum gas cylinders, arranged for customer delivery at a distribution centre on the outskirts of Amritsar, India, Friday, March 13, 2026. (AP Photo\/Prabhjot Gill)<\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                                        Read More<\/p>\n<p>            5 of 7\u00a0|\u00a0<\/p>\n<p>A staff writes on a ledger as workers unload cylinders of liquified natural gas for households at a distribution point, in Kolkata, India, Wednesday, March 11, 2026. (AP Photo\/Bikas Das)<\/p>\n<p>            Read More<\/p>\n<p>5 of 7<\/p>\n<p>A staff writes on a ledger as workers unload cylinders of liquified natural gas for households at a distribution point, in Kolkata, India, Wednesday, March 11, 2026. (AP Photo\/Bikas Das)<\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                                        Read More<\/p>\n<p>            6 of 7\u00a0|\u00a0<\/p>\n<p>Women wait to collect household cylinders of liquefied natural gas from an authorized dealer in Ahmedabad, India, Monday, March 16, 2026. (AP Photo\/Ajit Solanki)<\/p>\n<p>            Read More<\/p>\n<p>6 of 7<\/p>\n<p>Women wait to collect household cylinders of liquefied natural gas from an authorized dealer in Ahmedabad, India, Monday, March 16, 2026. (AP Photo\/Ajit Solanki)<\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                                        Read More<\/p>\n<p>            7 of 7\u00a0|\u00a0<\/p>\n<p>People queue to collect household cylinders of liquefied natural gas from an authorized dealer on a roadside in Srinagar, Indian controlled Kashmir, Saturday, March 14, 2026. (AP Photo\/Dar Yasin)<\/p>\n<p>            Read More<\/p>\n<p>7 of 7<\/p>\n<p>People queue to collect household cylinders of liquefied natural gas from an authorized dealer on a roadside in Srinagar, Indian controlled Kashmir, Saturday, March 14, 2026. (AP Photo\/Dar Yasin)<\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                                        Read More<\/p>\n<p>The scale of demand in India, the <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/india-worlds-largest-population-china-un-47bcd360aba6b7e3ecc4020702fa685f\" rel=\"nofollow noopener\" target=\"_blank\">world\u2019s most populous nation<\/a>, limits how long it can cap prices to shield consumers. The situation could worsen within a week if government subsidies lapse, said Duttatreya Das of the think tank Ember, noting gas supplies were the most immediate concern.<\/p>\n<p>\u201cYou can\u2019t store a lot of gas,\u201d Das said, adding that fertilizer factories and small industries will feel the pinch first.<\/p>\n<p>    <a class=\"AnchorLink\" id=\"image-590000\"\/><\/p>\n<p><img decoding=\"async\" class=\"Image\" alt=\"Liberia-flagged tanker Shenlong Suezmax, carrying crude oil from Saudi Arabia, that arrived clearing the Strait of Hormuz, is seen at the Mumbai Port in Mumbai, India, Thursday, March 12, 2026. (AP Photo\/Rafiq Maqbool, File)\"  fetchpriority=\"high\" width=\"599\" height=\"399\" src=\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/03\/1773759849_671_.jpeg\" loading=\"lazy\"\/><\/p>\n<p>Liberia-flagged tanker Shenlong Suezmax, carrying crude oil from Saudi Arabia, that arrived clearing the Strait of Hormuz, is seen at the Mumbai Port in Mumbai, India, Thursday, March 12, 2026. (AP Photo\/Rafiq Maqbool, File)<\/p>\n<p>Liberia-flagged tanker Shenlong Suezmax, carrying crude oil from Saudi Arabia, that arrived clearing the Strait of Hormuz, is seen at the Mumbai Port in Mumbai, India, Thursday, March 12, 2026. (AP Photo\/Rafiq Maqbool, File)<\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                            Read More<\/p>\n<p>Indonesia, a country of 287 million people and Southeast Asia\u2019s most populous nation, also faces hard choices. <\/p>\n<p>While the government has promised to maintain fuel prices throughout <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/eid-al-fitr-islam-ramadan-ends-016158da074557fe4e94f8e3d5cf24dc\" rel=\"nofollow noopener\" target=\"_blank\">Eid al-Fitr<\/a>, the Muslim holiday marking the end of the fasting month of Ramadan, Adhiguna of the Energy Shift Institute said there is \u201cno clarity about what will happen after that,\u201d adding that this implies fuel prices could increase.<\/p>\n<p><img decoding=\"async\" class=\"Image\" alt=\"People carry their belongings as they arrive for a free bus trip to their hometowns organized by the Jakarta provincial government in Jakarta, Indonesia, Tuesday, March 17, 2026. The annual exodus out of the capital and other major cities in the world's most populous Muslim country is underway as millions of Indonesians are leaving for their home villages to be with their family members to celebrate Eid-al Fitr, the holiday marking the end of the Muslim fasting month of Ramadan. (AP Photo\/Achmad Ibrahim)\"  fetchpriority=\"high\" width=\"599\" height=\"399\" src=\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/03\/1773759849_672_.jpeg\" loading=\"lazy\"\/><\/p>\n<p>\n                    People carry their belongings as they arrive for a free bus trip to their hometowns to celebrate Eid-al Fitr, organized by the Jakarta provincial government in Jakarta, Indonesia, Tuesday, March 17, 2026. (AP Photo\/Achmad Ibrahim)\n                <\/p>\n<p>People carry their belongings as they arrive for a free bus trip to their hometowns to celebrate Eid-al Fitr, organized by the Jakarta provincial government in Jakarta, Indonesia, Tuesday, March 17, 2026. (AP Photo\/Achmad Ibrahim)<\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                            Read More<\/p>\n<p><img decoding=\"async\" class=\"Image\" alt=\"Bus crew wait for passengers as the mass exodus out of Jakarta and other major cities is underway ahead of Eid al-Fitr in Jakarta, Indonesia, Tuesday, March 17, 2026. (AP Photo\/Dita Alangkara)\"  fetchpriority=\"high\" width=\"599\" height=\"399\" src=\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/03\/1773759849_500_.jpeg\" loading=\"lazy\"\/><\/p>\n<p>\n                    Bus crew wait for passengers as the mass exodus out of Jakarta and other major cities is underway ahead of Eid al-Fitr in Jakarta, Indonesia, Tuesday, March 17, 2026. (AP Photo\/Dita Alangkara)\n                <\/p>\n<p>Bus crew wait for passengers as the mass exodus out of Jakarta and other major cities is underway ahead of Eid al-Fitr in Jakarta, Indonesia, Tuesday, March 17, 2026. (AP Photo\/Dita Alangkara)<\/p>\n<p>                Add AP News on Google <\/p>\n<p>        Add AP News as your preferred source to see more of our stories on Google.<\/p>\n<p>            Share<\/p>\n<p>                            Read More<\/p>\n<p>Thailand is also caught in a dilemma. If it ends subsidies that keep prices low, living costs will jump and that could spark a panic if reserves fall further, said Areeporn Asawinpongphan of the Thailand Development Research Institute.<\/p>\n<p>If the conflict continues, Indonesia will have to choose between keeping the subsides that protect customers or cutting funding to keep to budgetary limits. However, this could fuel inflation. Given Indonesia\u2019s limited 20-day reserve, Adhiguna warned that price fluctuations in Indonesia\u2019s fuel market will be swift.<\/p>\n<p>\u201cIt will eventually reach a breaking point,\u201d Adhiguna said.<\/p>\n<p>Europe feels the squeeze, too<\/p>\n<p>The European Union is doubling down on its long-term clean energy strategy to cut consumption and rein in prices across the 27-nation bloc that have risen sharply since the war\u2019s start. Officials met in Brussel this week, where they considered ways to improve the region\u2019s energy security.<\/p>\n<p>\u201cWe are looking at how we can reduce people\u2019s energy bills,\u201d said European Commissioner for Energy Dan J\u00f8rgensen. \u201cWe are working on immediate measures to help businesses and our most vulnerable citizens.\u201d<\/p>\n<p>___<\/p>\n<p>Ghosal reported from Hanoi, Vietnam. Associated Press writers <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/author\/elaine-kurtenbach\" rel=\"nofollow noopener\" target=\"_blank\">Elaine Kurtenbach<\/a> in Bangkok, Thailand, Sam McNeil in Brussels and <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/author\/piyush-nagpal\" rel=\"nofollow noopener\" target=\"_blank\">Piyush Nagpal<\/a> in New Delhi, India contributed to this report.<\/p>\n<p>___<\/p>\n<p>The Associated Press\u2019 climate and environmental coverage receives financial support from multiple private foundations. The AP is solely responsible for all content. Find AP\u2019s <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/www.ap.org\/about\/standards-for-working-with-outside-groups\/\" target=\"_blank\" rel=\"noopener nofollow\">standards<\/a> for working with philanthropies, a list of supporters and funded coverage areas at <a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/www.ap.org\/discover\/Supporting-AP\" target=\"_blank\" rel=\"noopener nofollow\">AP.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"BANGKOK (AP) \u2014 The escalating war with Iran is pushing parts of the world into energy triage, forcing&hellip;\n","protected":false},"author":2,"featured_media":23577,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[2371,488,178,328,5529,11478,38,2276,197,2073,11481,1304,34,61,196,389,11479,11480,2180,9849,11483,4351,5563,11482,82],"class_list":{"0":"post-23576","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-iran","8":"tag-2024-2026-mideast-wars","9":"tag-asia","10":"tag-asia-pacific","11":"tag-business","12":"tag-climate-and-environment","13":"tag-dan-jrgensen","14":"tag-donald-trump","15":"tag-energy-markets","16":"tag-general-news","17":"tag-indonesia","18":"tag-indonesia-government","19":"tag-international-trade","20":"tag-iran","21":"tag-iran-government","22":"tag-iran-war","23":"tag-japan","24":"tag-japan-government","25":"tag-mika-ohbayashi","26":"tag-production-facilities","27":"tag-sanae-takaichi","28":"tag-thailand-government","29":"tag-toyota-motor-corp","30":"tag-vietnam","31":"tag-vietnam-government","32":"tag-world-news"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116245132934795867","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/23576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=23576"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/23576\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/23577"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=23576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=23576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=23576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}