Southeast Asian states to set up shared oil reserves after Iran war shortages
Indonesia, Thailand and the Philippines will create shared oil reserves, led by Japan, after the Iran war caused energy shortages across ASEAN, per Nikkei.
What we know
Nikkei reports that Indonesia, Thailand and the Philippines will establish shared oil reserves, with Japan spearheading the project, after the Iran war created energy shortages across ASEAN.
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“Indonesia, Thailand, Philippines to set up shared oil reserves; Japan spearheads project”
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