Decarbonization now a security, economic imperative for Asean

NEW YORK – When the Strait of Hormuz effectively closed following US and Israeli strikes on Iran, the story from most newsrooms described shocks to oil prices, liquefied natural gas (LNG) supply and supply chains which would eventually normalise. Asean countries should draw a different conclusion. Price and supply shocks have been a regular feature of global energy markets. Asean’s vulnerability